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 10 days 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:: February 14, 2026 at 2:22AM
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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Location

Schools Nearby

Garfield Elementary School

2215 Pine St, Everett, WA, 98201

Grades KG-5

0.64 miles away

North Middle School

2514 Rainier Ave, Everett, WA, 98201

Grades 6-8

0.22 miles away

Everett High School

2416 Colby Ave, Everett, WA, 98201

Grades 9-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.