3323 Oakes Avenue #1-12

Everett, WA 98201

  • Bed

  • Bath

  • 9200 SqFt

  • 1 DOM

  • Built: 1980

  • Status: Active

$2,200,000

X

3323 Oakes Avenue #1-12

Everett 98201

$2200000

  • Bed

  • Bath

  • 9200 SqFt

  • 1 DOM

  • Built: 1980

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 9200

  • Flat

  • 56 - 10+ Units

  • 1980

  • Poured Concrete

  • Basement, Coin Op Lau

Features and Utilities

  • Stucco

  • Public

  • Sewer Connected

  • 0

Financial

  • 19178

  • Cash Out, Conventional

  • 08-07-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $2,200,000

  • $2,200,000

  • Aug 07, 2025 18:34

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : North Mid N/A Ratings
High : Everett High N/A Ratings

Map

Listing courtesy of Skyline Properties, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 08, 2025 08:48 | Listing last modified Aug 07, 2025 18:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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