Price drop

520 O Avenue, Anacortes, WA 98221-1736

Anacortes, WA 98221 · Anacortes
3 bd2 ba1,508 sqft0.07 ac lotBuilt 1999Multi-family
$687,000 $456 / sqft · Cumulative Days Active: 250 Estimate your monthly payment ↓
Multi-family, Anacortes Listing by RE/MAX Gateway 1 / 38
Price / sqft$456
Lot0.07 acres
Year built1999
TypeMulti-family
HOANone
Cumulative Days Active250

About this home

Located in the core of Anacortes, this updated multi-unit property puts you just steps from downtown shops, dining, and the waterfront. Recent improvements include granite countertops, fresh flooring, and new exterior siding, creating a clean, modern feel throughout. The flexible Central Business District zoning opens the door to multiple paths—hold as an income property, enhance the existing layout, or explore future redevelopment options under current zoning guidelines. The street-level unit offers two bedrooms, one bathroom, washer and dryer hookups, and ADA access. Upstairs, a private entrance leads to a one-bedroom, one-bath unit with a full kitchen. No setbacks or driveway parking required (buyer to verify).

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

Price drop
Listed Dec 12, 2025MLS# 2460972

Facts & features

3Beds
2Baths
1,508 sqftLiving area
$456Price / sqft
1999Year built
0.07 acLot
Interior
Bedrooms3
Bathrooms2
Living area1,508 sqft
FlooringVinyl, Carpet
Building
TypeMulti-family
Year built1999
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.07 acres (3,049 sqft)
ViewTerritorial
WaterfrontNo
Utilities
HeatingElectric, Natural Gas
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2025)$4,335 / yr
Interior features
Exterior & lot
Wood Products

Monthly payment

Full calculator →

Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$3,94530-year fixed · 6.5%
P&I $3,474Taxes $361Insurance $110
Plus ~$20,610 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice Dec 12, 2025Listed for sale $725,000

Tax history

YearAssessed valueProperty tax
Source: Skagit County Assessor. Assessed value is not a market value.

Schools

Anacortes School District
ElementaryWhitney Elem
MiddleAnacortes Mid
HighAnacortes High
School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
⬤ Street view ↗
Downtown Bellingham27 min
WWU25 min
St. Joseph Hospital29 min
Peace Arch border49 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Median list price$799k193 active listings
Cumulative Days Active84median, active listings
List price per sqft$439this home: $456
Homes for sale193in Anacortes

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

This home's list price per square foot is about 4% above the median of current Anacortes listings. Irena can pull recent closed sales on this street before you write an offer.

Listing details

StatusActive
MLS #2460972
ListedDec 12, 2025
List price$687,000
Cumulative Days Active250
Property typeMulti-family
Listing brokerageRE/MAX Gateway
SourceNWMLS as distributed by MLS GRID
Listing courtesy of RE/MAX Gateway. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:41 PM (date and time MLS GRID Data was obtained). 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. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
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