33020 State Route 20 #1-14, Oak Harbor, WA 98277
33020 State Route 20 #1-14, Oak Harbor, WA 98277
33020 State Route 20 #1-14, Oak Harbor, WA 98277
33020 State Route 20 #1-14, Oak Harbor, WA 98277
33020 State Route 20 #1-14, Oak Harbor, WA 98277
33020 State Route 20 #1-14, Oak Harbor, WA 98277
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Kandi Camacho

Kandi Camacho

+1(360) 410-9114
Listed by:Windermere/Whidbey Mgmt Serv. • Jason McFadyen
$ 2,000,000
Est. payment | /mo

7 Beds

14 Baths

7,295 SqFt

Save
$ 2,000,000
Est. payment | /mo
Save

7 Beds

14 Baths

7,295 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,295 sqft

Price per Sqft $274

Subdivision City Of Oak Harbor

MLS Listing ID 2531319

Style 56 - 10+ Units

Bedrooms 7

Year Built 1959

Annual Tax Amount $12,736

Lot Size 1.446 Acres

Property Sub-Type Multi Family

Property Description

Oak Harbor Terrace, a 14-unit multifamily investment opportunity located in Oak Harbor. The property offers investors an attractive combination of stable in-place cash flow and clear upside potential in a supply-constrained rental market supported by Naval Air Station Whidbey Island. Originally constructed in 1959, the property includes approximately 7,295 square feet of net rentable area across three buildings: a fourplex with a ground-floor commercial space, a nine-unit apartment building, and a single-family residence. The efficient unit layouts are well suited to local workforce housing demand. The asset provides meaningful opportunity to enhance income through rental rate growth, utility reimbursement optimization, and operational improvements.

Location

State WA

County Island

Area 813 - North Whidbey Island

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

Garage Spaces 1.0

View Y/N No

Roof Type Composition,Flat,Torch Down

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Oak Harbor

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Kandi Camacho

+1(360) 410-9114

info@pacificpinesproperties.com

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33020 State Route 20 #1-14