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4-Unit Townhome-Style Quadplex

1454 NW Falls Creek Loop, Oak Harbor, WA 98277

For Sale
New
$1,200,000

Each residence has laundry hookups, two assigned parking spaces, and a two-level floor plan.

Property Size4,160 SF
Price / SF$288.46
Days on Market6

Property Features for 1454 NW Falls Creek Loop

General Information

Standard status Active
Size 4,160 SF
Total Parking Spaces 8
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Gross Income $87,900
Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,263

Amenities

washer/dryer hookups

Building Details

Building Size 4,160 SF
Year Built 2005
Construction townhome style
Tenancy Multi
Listing Agency: Oak Harbor Real Estate
Listed By: Brian Wasinger
Source: Bhgmckenzierealty
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oak Harbor Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 2005, this four-unit property contains 4,160 square feet across residences of 1,040 square feet each. The townhome-style layouts place the kitchen, living area, and half bath on the ground floor, with two bedrooms and a full bath upstairs. Each unit also has washer and dryer hookups and two assigned parking spaces.

All four units are leased and professionally managed locally. Residents are responsible for City of Oak Harbor water, sewer, and garbage service, along with Puget Sound Energy utilities. The property is near downtown Oak Harbor and NAS Whidbey.

Key Highlights

  • Four leased residences totaling 4,160 square feet
  • Each 1,040‑square‑foot unit has 2 bedrooms and 1.5 bathrooms
  • Two‑level layouts include kitchen, living area, and laundry hookups

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 98277, WA

41,517
Population
17,694
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
95%
High-School Grad
57.3 sq mi
ZIP Area
725
Density / Sq Mi
$79,326
Median Household Income
$45,236
Median Earnings
$1,651
Median Rent
$455,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has laundry hookups, two assigned parking spaces, and a two-level floor plan.
Where is this quadplex located?
The property is located at 1454 NW Falls Creek Loop Oak Harbor, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four leased residences totaling 4,160 square feet; Each 1,040‑square‑foot unit has 2 bedrooms and 1.5 bathrooms; Two‑level layouts include kitchen, living area, and laundry hookups
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