33020 State Route 20 1-14Oak Harbor, WA 98277
Listing courtesy of Jason McFadyen of Windermere/Whidbey Mgmt Serv.
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Mortgage Calculator
Monthly Payment (Est.)
$9,125Oak 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.
| 3 hours ago | Listing updated with changes from the MLS® | |
| 3 hours ago | Listing first seen on site |
Listing courtesy of Jason McFadyen of Windermere/Whidbey Mgmt Serv.
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-06-04 01:29 PM PDT