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$3,800,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family

Listed by Erin Paiz Neilon | Acorn Properties, Inc | (360) 679-4585 and Terri Neilon | Acorn Properties, Inc | (360) 679-4585

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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!

Full Property Details for 441 NE Kettle St

General

  • Price: $3,800,000
  • Taxes: $28,331 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2469249
  • Updated: 3/20/2026
  • Added to Site: 72 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Additional Information

  • Amenities: Cable TV, Deck, High Speed Internet

Parking

  • Uncovered Spaces: 28

Location

  • Area: 813 - North Whidbey Island
  • County: Island
  • Subdivision: Oak Harbor
  • Building Name: Oak Leaf Condominiums
  • Driving Directions: From SR 20, turn east onto NE 7th Ave, turn right onto NE Kettle St, turn right into 441 NE Kettle St.

School Information

  • High School District: Oak Harbor
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Oak Harbor High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 13,200
  • Year Built: 1991
  • Property Condition: Very Good

Unit Information

  • Units in Building: 16

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.5552
  • Lot Size (Sq. Ft.): 24,184
  • Lot Size Source: ICAO
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Multi-Family, Residential

Financial Considerations

  • Tax Amount: $28,331
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: S7591000001A0
  • Lot Number: 01A-D, 02E-H, 03I-L, 04M-P

Listed by Erin Paiz Neilon | Acorn Properties, Inc | (360) 679-4585 and Terri Neilon | Acorn Properties, Inc | (360) 679-4585

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NMLS#: 1598647

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Price & Sales History for 441 NE Kettle St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$3,800,000
-9.52%
MLS
1/21/2026
Listed
$4,200,000
168.37%
MLS
8/03/2016
Sold
$1,565,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 441 NE Kettle St

Year
Property Taxes
Change
Tax Assessment
Change
2021
$1,570
-9%
$158,406
-18%
2023
$1,731
10%
$192,764
32%
2021
$1,570
-10%
$145,665
-9%
2020
$1,743
24%
$160,178
14%
2019
$1,408
40%
$140,423
60%
2018
$1,003
7%
$88,012
1%
2017
$937
-5%
$87,471
-1%
2016
$985
-3%
$88,449
-1%
2015
$1,016
-2%
$89,428
-1%
2014
$1,033
15%
$90,407
-2%
2013
$896
—
$92,364
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Erin Paiz Neilon | Acorn Properties, Inc | (360) 679-4585 and Terri Neilon | Acorn Properties, Inc | (360) 679-4585

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441 NE Kettle Street, Oak Harbor, WA 98277 (MLS# 2469249) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 441 NE Kettle Street is currently listed for $3,800,000 and was received on January 21, 2026. Want to learn more about 441 NE Kettle Street? Do you have questions about finding other Multi-Family real estate for sale in Oak Harbor? You can browse all Oak Harbor real estate or contact a Coldwell Banker agent to request more information.

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