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New
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$2,000,000

For Sale

4 days ago

1-14 - 33020 State Route 20, Oak Harbor, WA

House

MLS® 2531319

0 Bed

0 Bath

--

23 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $12,736
Days Active 4
Lot Size 
Approx. Age 1959
MLS® Number 2531319

Property Address: 1-14-33020 State Route 20, Oak Harbor, WA, 98277

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number2531319
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1959
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
33020 State Route 20, Oak Harbor, WA

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