441 NE Kettle Street, Oak Harbor, WA 98277

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: Acorn Properties, Inc; Erin Paiz Neilon; ; Selling Office: Oak Harbor Real Estate.

Sold Price
$3,250,000
List Price
$3,800,000
Status
SOLD
MLS#
2469249
Closing Date
Jun 05, 2026
Days on Market
38
Style
56 - 10+ Units
Building Condition
Very Good
Finished SqFt
13,200
Area Total SqFt
13200
Lot Size (sq ft)
24,184

Property Description

Investor Alert for this incredible opportunity. This 16 unit Oak Harbor multi-family property is located in the heart of Oak Harbor with a superior rental history. Fully leased complex, low vacancy rate due to quality of construction with the location being close to grocery stores, restaurants, downtown shopping & NAS Whidbey. All units have been updated, new roofs installed August 2025. 4 individual 4-plex units featuring two bedroom 1 bath units with full size washers and dryers in each unit. Lower units have attached decks and upper units have balconies. Mature landscaping with beautiful trees and hedges and low maintenance grounds professionally landscaped. Ample parking spaces for residents and guests as well as street parking. Explore your next investment opportunity today!

Additional Information

List Date
2026-04-28 00:00:00
Community
Oak Harbor
Net Operating Income
$182,665
Gross Adjusted Income
$292,189
Gross Scheduled Income
$300,834
Total Monthly Income
$27,450
Insurance Expenses
$11,742
Water/Sewer/Garbage Expenses
$25,928
Gross Rent Multiplier
14.38
Total Expenses
$109,524
Cap Rate
4.35
Total Number of Units
16
Unit Name
441
Potential Terms
Cash, Conventional
Year Built
1991
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Electric Expenses
1962
Other Expenses
41560
Energy Source
Electric
School District
Oak Harbor
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Oak Harbor High
Total Monthly Income
$27,450
Gross Scheduled Income
$300,834
Gross Adjusted Income
$292,189
Tax Year
2025
Insurance Expense
$11,742
W/S/G Expenses
$25,928
Total Expenses
$109,524
Net Operating Income
$182,665
Gross Rent Multiplier
14.38
Cap Rate
4.35
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks