3323 Oakes Avenue #1-12 Everett WA 98201 MLS #NWM2407341

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Listing Provided Courtesy of Skyline Properties, Inc.
Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.
Current real estate data for Multi Family in Everett as of Sep 01, 2025
41
Multi Family Listed
71
Avg DOM
331
Avg $ / SqFt
$1,373,301
Avg List Price

Property Details

Price:
$2,200,000
MLS #:
NWM2407341
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Everett
Neighborhood:
740 – Everett/Mukilteo
Listed Date:
Aug 7, 2025
Finished Sq Ft:
9,200
Total Sq Ft:
9,200
Lot Size:
11,987 sqft / 0.28 acres (approx)
Year Built:
1980
Units:
12
740 – Everett/mukilteo740 – Everett/mukilteoEverettEverettBuyer To VerifyNorth MidEverett High

Schools

School District:
Everett
Elementary School:
Buyer To Verify
Middle School:
North Mid
High School:
Everett High

Interior

Cooling
None
Flooring
Hardwood, Vinyl, Carpet
Heating
Baseboard, Radiant

Exterior

Construction Materials
Stucco
Exterior Features
Stucco
Parking Spots
16
Roof
Flat

Financial

Net Operating Income
$102,786
Tax Year
2025
Taxes
$19,178

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Property Summary

    Located in the Everett subdivision, 3323 Oakes Avenue #1-12 Everett WA is a Multi Family for sale in Everett, WA, 98201. It is listed for $2,200,000 To schedule a showing of MLS#nwm2407341 at 3323 Oakes Avenue #1-12 in Everett, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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3323 Oakes Avenue #1-12
Everett, WA