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).
Active
Listed by: RE/MAX Gateway • Kelli Lang
Price cut: $12K (7/17)
$687,000
520 O Avenue, Anacortes, WA 98221
3beds
1,508sqft
Single Family Residence
Built in 1999
3,049 Square Feet Lot
$675,700 Zestimate®
$456/sqft
$-- HOA
What's special
- --
- on Zillow
- 494
- views
- 7
- saves
Zillow last checked:
Listing updated:
Listed by:
Kelli Lang,
RE/MAX Gateway
Source: NWMLS as distributed by MLS GRID,MLS#: 2460522
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Main
Bathroom three quarter
- Level: Second
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Refrigerator(s)
Features
- Flooring: Vinyl, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,508 sqft
Property
Parking
- Parking features: None
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Has view: Yes
- View description: Territorial
Lot
- Size: 3,049 Square Feet
- Features: Corner Lot, Paved, Sidewalk, Cable TV, Gas Available, High Speed Internet
- Topography: Level
Details
- Parcel number: P55325
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1999
Utilities & green energy
- Electric: Company: PSE/ Cascade Gas
- Sewer: Sewer Connected, Company: City of Anacortes
- Water: Public, Company: City of Anacortes
Community & HOA
Community
- Subdivision: Old Town
Location
- Region: Anacortes
Financial & listing details
- Price per square foot: $456/sqft
- Annual tax amount: $4,334
- Date on market: 12/12/2025
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
- Total actual rent: 3650
Estimated market value
$675,700
$642,000 - $709,000
$2,596/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $687,000-1.7%$456/sqft |
Source: | ||
| 6/15/2026 | Price change | $699,000-3.6%$464/sqft |
Source: | ||
| 12/12/2025 | Listed for sale | $725,000$481/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98221
Nearby schools
Schools provided by the listing agent
- Elementary: Whitney Elem
- Middle: Anacortes Mid
- High: Anacortes High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







