1051 Southeast 8th Avenue

Oak Harbor, WA 98277

$3,450,000
Price
32
Beds
19
Baths
17,788 Sq. Ft.
$194 / Sq. Ft.
17,788
Sq. Ft.
$194
per Sq. Ft.

Description

One owner/builder/operator 16 plex 2 blocks from waterfront and heart of old-town. Dishwashers and stacked laundry in all, but townhouses have full-size hookups. Three 2bd/1.5ba townhouses & one 2bd/1ba w/gas cooking and radiant floor heat each in Bldgs C/D (somew/new tankless sytems). Four 2/bd/1ba w/individual room electric wall heaters in Bldgs A/B. Tenants pay all utilities. Low maintenance grounds. 2 of 4 have 2022 roofs. Includes adjacent vacant lot for expansion.One owner/builder/operator 16 plex 2 blocks from waterfront and heart of old-town. Dishwashers and stacked laundry in all, but townhouses have full-size hookups. Three 2bd/1.5ba townhouses & one 2bd/1ba w/gas cooking and radiant floor heat each in Bldgs C/D (somew/new tankless sytems). Four 2/bd/1ba w/individual room electric wall heaters in Bldgs A/B. Tenants pay all utilities. Low maintenance grounds. 2 of 4 have 2022 roofs. Includes adjacent vacant lot for expansion.
  1. Listed by Steve Springer • Oak Harbor Home and Land

Property Details for 1051 Southeast 8th Avenue

Community Name
City Of Oak Harbor
School District
Oak Harbor
Number of Assigned Spaces
28
Total Covered Parking
0
Entry Date
04-08-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Oak Harbor Home and Land
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LISTING UPDATED: 04/22/2024 02:37 PM

Property Details for 1051 Southeast 8th Avenue

StatusPending Inspection
MLS #2220321
Days on Market14
Cumulative Days on Market14
Taxes$18,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1992
Lot Size0.83 AC / 36,000 SF
CountyIsland County

Location

Listing Courtesy of Oak Harbor Home and Land
Add your commute

Building Information for 1051 Southeast 8th Avenue

Stories2Residences16Year Built1992Building Size-Lot Size0.83 AC / 36,000 SF

Payment Calculator

$20,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,828

Property Taxes

$1,504

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1051 Southeast 8th Avenue

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 813 - North Whidbey Island
  • Effective Year Built Source: Public Records
  • Directions: Mobile mapping friendly
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: S7585-00-00014-0,S7585-00-00015-0,S7585-00-00035-0,S7585-00-00037-0
Parking
  • Number of Carport Spaces: 8.0
  • Carport: No
  • Open Parking Spaces: 20.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Hot Water Recirc Pump, Radiant, Tankless Water Heater, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: City
  • Water Company: City
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Concrete Ribbon
  • First Right Of Refusal: false
  • MLS Square Footage Source: ICAO
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 26
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Number: 13
  • Lot Size Source: ICAO
  • Parcel Number Free Text: S758500000130
  • Calculated Square Footage: 17788
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 17788.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 20
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 16
  • Units Below Grade: false
  • Units In Building Total: 16
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 27044
  • Gross Adjusted Income: 272667
  • Gross Rent Multiplier: 12.33
  • Gross Scheduled Income: $281,100
  • Insurance Expense: $9,000
  • Net Operating Income: $254,056
  • Other Expenses: $0
  • Total Monthly Income: 23425
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A101
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 950
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: A102
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 950
  • Rent Unit 2: $1,400.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: A201
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 950
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: A202
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 950
  • Rent Unit 4: $1,350.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: B101
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 950
  • Rent Unit 5: $1,400.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: B102
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 950
  • Rent Unit 6: $1,400.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: B201
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 950
  • Rent Unit 7: $1,350.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: B202
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 950
  • Rent Unit 8: $1,375.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: C101
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 1360
  • Rent Unit 9: $1,600.00
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 2
Unit 10
  • Name Unit 10: C102
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 1360
  • Rent Unit 10: $1,450.00
  • Bedrooms Unit 10: 2
  • Bathrooms Unit 10: 2
Unit 11
  • Name Unit 11: C103
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 1360
  • Rent Unit 11: $1,650.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 2
Unit 12
  • Name Unit 12: C201
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 970
  • Rent Unit 12: $1,450.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: D101
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 1360
  • Rent Unit 13: $1,600.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 2
Unit 14
  • Name Unit 14: D102
  • Washer/Dryer Unit 14: false
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 1360
  • Rent Unit 14: $1,650.00
  • Bedrooms Unit 14: 2
  • Bathrooms Unit 14: 2
Unit 15
  • Name Unit 15: D103
  • Washer/Dryer Unit 15: false
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 1360
  • Rent Unit 15: $1,650.00
  • Bedrooms Unit 15: 2
  • Bathrooms Unit 15: 2
Unit 16
  • Name Unit 16: D201
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 970
  • Rent Unit 16: $1,350.00
  • Bedrooms Unit 16: 2
  • Bathrooms Unit 16: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 17788.0
  • Leasable Area Units: Square Feet

Property History for 1051 Southeast 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1051 Southeast 8th Avenue

Taxable ValueLand$216,014Additions$352,566Total$568,580
Home Facts
Beds8Total Finished SqFt4,790 SqFtAbove Ground SqFt4,790 SqFtStories1Lot Size7,200 SqFtStyleSingle Family ResidenceYear Built1992ZoningOHCountyISLANDAPNS7585-00-00015-0

Schools near 1051 Southeast 8th Avenue

This home is within Oak Harbor School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Oak Harbor Elementary School
PublicPK to 4

North Whidbey Middle School
Public7 to 8

Oak Harbor High School
Public9 to 12

Homeconnection
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oak Harbor Home and Land

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.