Bought with: Windermere Real Estate/M2, LLC
$799,950
$799,950
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1022 Oakes AVE Everett, WA 98201
5 Beds
3 Baths
1,894 SqFt
Key Details
Sold Price $799,950
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,894 sqft
Price per Sqft $422
Subdivision Everett
MLS Listing ID 2491351
Sold Date 05/07/26
Style 52 - Duplex
Bedrooms 5
Year Built 1920
Annual Tax Amount $5,281
Lot Size 0.260 Acres
Lot Dimensions 90'x134' +/-
Property Sub-Type Multi Family
Property Description
Rare opportunity to own a duplex w/ oversized 11,326 sqft lot in Everett's Historic District now with UR4 zoning, allowing for future development potential (New UR4 Urban Residential allowing up to 4 stories - buyer to verify). Located on a quiet dead-end street just minutes from Everett Community College, Providence Hospital, downtown Everett, and major transit routes, this property combines strong rental history and long-term development upside. The existing duplex includes a 3 bed, 2 bath unit on the main level with hardwood floors, gas fireplace and an updated kitchen - blending historic charm with desired modern updates w/o losing that classic 1920's architecture. The 2 bed, 1 bath upper unit features updated interiors, all tile bath, ample storage and a great view. The property is entirely fenced and equipped with a one-of-a-kind 18-foot powered steel swing gate, delivering added security and protected parking for multiple vehicles, boats, and RVs. The fully equipped 700' sqft detached garage/shop - featuring heat, power, and a metal roof - sparks ideas for countless possibilities. Both units are in move-in condition, offering immediate rental income potential while planning future improvements or redevelopment (buyer to verify). Easy access to downtown, shopping, restaurants, and schools. A unique opportunity for investors, builders, or owner-occupants looking to secure land with upside.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Cable TV, Deck, Fenced-Fully, Gas Available, Gated Entry, High Speed Internet, Outbuildings, Outdoor Fireplace, RV Parking, Shop
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley, Curbs, Dead End Street, Paved, Sidewalk, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Whittier Elem
Middle Schools North Mid
High Schools Everett High
School District Everett
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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