$725,000
Est. $3,658/mo3 bd•1,508 sq ft
520 O Avenue, Anacortes, WA 98221
• Listed 2025-12-12•2 days on market
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Based on information submitted to the MLS GRID as of June 5, 2026 at 01:13pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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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).
Listed by Kelli Lang • RE/MAX Gateway
Listing updated: June 5, 2026 at 01:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2460522
Open houses
No upcoming open houses scheduled for this property.
$745,000
+$20,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $549K and $925K.
Rental earnings
$2,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$549,000Last sold price
1220 15th Street, Anacortes, WA 98221

$575,000Last sold price
1813 10th Street, Anacortes, WA 98221
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
520 O Avenue, Anacortes, WA 98221
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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Anacortes is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 16 days.
$700,000 Sold
4 weeks ago
•Single Family
1808 Commercial Avenue, Anacortes, WA 98221
15%
Under list
—
Days on market
0.7 mi
Distance
$697,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2302 13th Street, Anacortes, WA 98221
1%
Over list
—
Days on market
0.9 mi
Distance
$503,500 Sold
5 months ago
3 bd•1 ba•~980 sq ft•Single Family
1612 14th Street, Anacortes, WA 98221
2%
Under list
—
Days on market
0.6 mi
Distance
$989,000 Sold
6 months ago
3 bd•2.5 ba•~2,358 sq ft•Single Family
1108 C Avenue, Anacortes, WA 98221
1%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Anacortes School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.