Listed by Skyline Properties, Inc.
$2,200,000

3323 Oakes Ave Unit 1-12 Everett, WA 98201

Port Gardner Neighborhood

Estimated payment $13,643/month

20 Beds
14 Baths
9,200 Sq Ft
$239 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Baseboard Heating
  • Territorial View
  • No HOA

About This Home

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.

Listing Agent

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/07/2025

Skyline Properties, Inc.

Co-Listing Agent

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2407341

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,178

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • 00439079401200
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 9,200 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 14 Bathrooms

Parking

  • 16 Parking Spaces
  • 14 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • North Mid Middle School
  • Everett High School

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 11-14 / 794
  • Assessor Parcel Number 00439079401100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,178

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1980
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 9200
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 20
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry,Elevator,Storage

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 14
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Radiant
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: CITY OF EVERETT
  • WaterCompany: CITY Of EVERETT
  • WaterSewerGarbage: 19163

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00439079401100
  • Lot Size Acres: 0.2752
  • Lot Size Sq Ft: 11987
  • Additional Parcels Description: 00439079401200
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Survey
  • MLSSquareFootageSource: Assesor
  • ZoningJurisdiction: City
  • LotNumber: 11-14

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 16306

Multi Family

  • Gross Scheduled Income: 195676
  • Net Operating Income: 102786
  • Number Of Units Total: 12
  • Insurance Expense: 12500
  • Leasable Area: 9200
  • EnergySource: Electric,See Remarks
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 19178

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $2,200,000 -- $239 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2407341

Northwest Multiple Listing Service (NWMLS)

Washington Snohomish County Everett 98201 Port Gardner

3323 Oakes Ave Unit 1-12, Everett, WA

This home is located at 3323 Oakes Ave Unit 1-12, Everett, WA 98201 and is currently priced at $2,200,000, approximately $239 per square foot. This property was built in 1980. 3323 Oakes Ave Unit 1-12 is a home located in Snohomish County with nearby schools including Jackson Elementary School, North Middle School, and Everett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Donna Marshall
Listing Agent
Donna Marshall
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Skyline Properties, Inc.
(425) 842-7230