1022 Oakes Ave, Everett, WA 98201

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.