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Listed by Michele Mayer • Coldwell Banker San Juan Is..
FOR SALE

$800,000

Est. $4,396/mo

Price reduced $50,000 from the original $850,000 asking price

1,465 sq ft

505 Linder Street, Friday Harbor, WA 98250

• Listed Oct 1, 2026•25 days active · 25 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Coldwell Banker San Juan Is.; Michele Mayer; 360-317-5683; michele@sanjuanislands.com

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Listing Broker: Coldwell Banker San Juan Is.; Michele Mayer; 360-317-5683; michele@sanjuanislands.com

About this home

A great opportunity in Friday Harbor! This versatile multi-family property offers two distinct homes, each with its own private space, creating a wonderful setup for multi-generational living, rental income, guest accommodations, or simply having room for friends. The character-filled main home, built in 1948, offers the charm and personality of an older island home. Including 2 bedrooms, a nicely sized living room and an office space on the upper level. The lower level is a full size basement that can be used as it fits ones needs. The second residence, built in 1997, provides a sweet space with thoughtful finishing touches. The homes are thoughtfully positioned on the property allowing each home to enjoy its own sense of privacy and independence. The basement level of the main home could potentially be converted to another rental/income producer. There’s more to dream about—the property offers potential for further development, providing options for those looking to expand, create additional living space, or maximize the property’s long-term possibilities. Whether you envision a compound, investment property, or a place where everyone can have their own space while staying close, this unique Friday Harbor property offers flexibility, character, and opportunity.

Property type
Single Family
Year built
1948
Interior
1,465 sq ft
Lot size
0.4522 acres
Parking
None
Price / sq ft
$546
HeatingDuctless, Fireplace Insert, Wall Furnace
CoolingDuctless
Property taxes$105/yr (est.)
School districtSan Juan Island

Listed by Michele Mayer • Coldwell Banker San Juan Is.

Listing updated: October 9, 2026 at 10:13am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2582772

Around this home

RexMont OfferEdge™

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505 Linder Street, Friday Harbor, WA 98250

List price
$800,000
Down payment
$160,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • Duplex

Flooring

  • Hardwood
  • Vinyl

Heating & cooling

  • Ductless heating
  • Fireplace Insert heating
  • Wall Furnace heating
  • Ductless cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
2
Units in building
2
Units below grade
false
Building square feet
1,465 sq ft

Income & expenses

Gross scheduled income
$1,200
Total monthly income
$1,200
Gross adjusted income
$1,200
Net operating income
$430
Cap rate
1%
Gross rent multiplier
708
Total expenses
$770
Insurance
$175
Electric
$265
Water / sewer / garbage paid by
225

Parking & storage

Parking spaces
2
Uncovered parking
2

Taxes & assessment

Annual taxes
$105
Tax year
2026
Financing
Cash

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Down payment assistance

6 programs may be available to provide you with up to $40,000 in down payment assistance, depending on your specific information.

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Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,605 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Coldwell Banker San Juan Is.; Michele Mayer; 360-317-5683; michele@sanjuanislands.com

Market pulse

Friday Harbor is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market

  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 117 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $999,000 Sold

    6 days ago

    •Single Family

    460 Argyle Avenue, Friday Harbor, WA 98250

    0%

    Over list

    129

    Days on market

    0.2 mi

    Distance

  • $450,000 Sold

    3 weeks ago

    2 bd•1 ba•~1,145 sq ft•Single Family

    507 Tucker Avenue, Friday Harbor, WA 98250

    6%

    Under list

    73

    Days on market

    0.8 mi

    Distance

  • $560,000 Sold

    5 weeks ago

    2 bd•1 ba•~1,462 sq ft•Single Family

    650 Argyle Avenue, Friday Harbor, WA 98250

    0%

    Over list

    59

    Days on market

    0.2 mi

    Distance

  • $640,000 Sold

    6 weeks ago

    2 bd•2.5 ba•~2,309 sq ft•Single Family

    847 Argyle Avenue, Friday Harbor, WA 98250

    8%

    Under list

    202

    Days on market

    0.5 mi

    Distance

  • $495,000 Sold

    6 weeks ago

    1 bd•1 ba•~900 sq ft•Single Family

    745 Larson Street #B, Friday Harbor, WA 98250

    2%

    Under list

    71

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 26, 2026 at 5:58 PM PT (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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