This listing courtesy of Luxi Meng , Kelly Right RE of Seattle LLC

$569,999

2515 Oakes Ave, Everett, WA 98201

Multi-Family Home
Built in 1904
4,356sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

Listing Status:: Active
Data Last Updated:: May 20, 2026 at 5:21PM
Listing Office:: Kelly Right RE of Seattle LLC : 206-525-5235
Listing Agent:: Luxi Meng : 206-525-5235
MLS ID:: 2476036

Flooring: LaminateCarpet
A/C: None
Heating: Baseboard
Fireplace: Fireplaces: 0

General: Wood
Parking: Parking spaces: 0

Roofing: Composition
General: 53 - Tri-plex

HOA Amenities: 0.0
Originating MLS: nwmls
School District: Everett
County: Snohomish

Zoning: 00439156500700
View: CityView

Water: Public
Sewer: Sewer Connected

Source: nwmls

This listing courtesy of Luxi Meng , Kelly Right RE of Seattle LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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