Listed by Acorn Properties, Inc
$2,500,000

726 E Whidbey Ave Oak Harbor, WA 98277

Estimated payment $14,963/month

24 Beds
22 Baths
10,947 Sq Ft
$228 Price per Sq Ft

Highlights

  • Deck
  • Territorial View
  • Patio
  • Oak Harbor Elementary School Rated A-
  • No HOA
  • 2-minute walk to Volunteer Park

About This Home

12 unit Harbor Oaks apartment building located in the heart of Oak Harbor. Fully leased complex with great rental history. Several units have been updated. Parking lot newly resurfaced and new stripping including handicap parking. Three level apartment complex features include two bedroom 1-1.5 bath units, with laundry hookups in all units. Easy access to transit lines, schools, shopping, local parks, trails, city beach and NAS Whidbey.

Listing Agent

Kathi Phillips

Acorn Properties, Inc License #4849 Listed on: 07/18/2025

Acorn Properties, Inc

Co-Listing Agent

Theresa Neilon

Acorn Properties, Inc License #18379

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2409842

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,396

Year Built

  • Built in 1987

Lot Details

  • 0.52 Acre Lot
  • Street terminates at a dead end

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10,947 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 22 Bathrooms

Parking

  • 21 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Oak Harbor High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Harbor Oaks Condos
  • Oak Harbor Subdivision

Listing and Financial Details

  • Legal Lot and Block 013 / C
  • Assessor Parcel Number S7285000C0132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,396

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1987
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Harbor Oaks
  • New Construction: No
  • CalculatedSquareFootage: 10947
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 3

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 24
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 21
  • Open Parking: Yes
  • Total Parking Spaces: 21
  • ParkingUncoveredSpaces: 21

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Oak Harbor
  • WaterCompany: City of Oak Harbor
  • CableConnected: Xfinity Comcast
  • InternetConnected: Xfinity Comcast
  • WaterSewerGarbage: 23129

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Oak Harbor
  • High School: Oak Harbor High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: S7285000C0132
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: ICR
  • MLSSquareFootageSource: ICR
  • ZoningJurisdiction: City
  • LotNumber: 013

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 196397

Multi Family

  • Gross Scheduled Income: 196397
  • Net Operating Income: 111467
  • Number Of Units Total: 12
  • Electric Expense: 261
  • Insurance Expense: 17805
  • Leasable Area: 10947
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13396

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
07/18/2025 07/18/25 For Sale $2,500,000 -- $228 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2409842

Northwest Multiple Listing Service (NWMLS)