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About the Listing 7178 - 93542,38720
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 Highlights for 3323 Oakes Avenue 1-12
Status
Pending
Days on Site
29
Property Type
Multi-Family
MLS ®
2407341
Year Built
1980
Total Square Footage
9,200
Lot/Acreage
0.28
County
Snohomish
Neighborhood
Everett
School District
Everett
Middle School
North Middle
High School
Everett High
Interior Details
- Bedrooms: 20
- Bathrooms: 14 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Hardwood,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: CITY Of EVERETT
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Cable TV,Deck,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: Multi-Family
- Roof: Flat
- Others: Stucco,Good
- Sewer: CITY OF EVERETT
Financial Details
- Tax Amount: $19,178
- Taxes w/Assessments: N/A
- Tax/Property ID: 00439079401100
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
3323 Oakes Avenue 1-12 Everett, WA 98201
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