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2515 Oakes AvenueEverett, WA 98201Price: $620,000

  • Price: $620,000
  • Est. Mortgage of $/month
  • 155 Days on Market
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Federal 30-year interest rate: 6.19% last updated on Dec 4, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $620,000List Price
  • 6Bedrooms
  • 3Bathrooms
  • 0.1Acreage
  • 1,768Square Feet
Listed by Luxi Meng of Kelly Right RE of Seattle LLC

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Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, Unit 1 & 2 on the first floor are 1b1b, with unit 1 have private laundry. The upper level divided into 3 studio units (share a bathroom private kitchen for each). Updated building & units with strong cash flow-currently grossing $4,850/mo ($58,200/year) and approx. 8% cap rate. Many upgrade and new appliances see additional supplement. Unit 1 fully remodeled with modern interior; New coin-op laundry and water heater. Unit 4, 5 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.

Property Details of 2515 Oakes Avenue

Listing data courtesy of NWMLS as provided by MLS Grid as of December 11, 2025 4:31 AM EST . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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