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1380 SW Swantown Avenue Oak Harbor, WA $ 4,700,000
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1380 SW Swantown Avenue
$ 4,700,000
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1380 SW Swantown Avenue

Oak Harbor, WA, 98277
$ 4,700,000
Baths0.0 Sq 17,976

Monthly Estimate*

$ 29,322

Listed by Oak Harbor Real Estate
1380 SW Swantown Avenue, Oak Harbor, WA 98277 - Image 1
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Studio

Multi-Family Home for sale in Oak Harbor, WA

for $4,700,000. This 17,976 square foot home was built in 1960 on a lot size of 6.89.

Incredible future redevelopment opportunity with existing multi-family income! 23 units located on 6.9 acres within Oak Harbor City Limits consisting of 11 duplexes and a single-family home. Buyer to verify zoning for potential higher intensity residential redevelopment. Ideally located on corner of Swantown Ave and Heller St. Recent exterior improvements include numerous roof replacements, exterior paint, and new windows. A majority of units have been updated with flooring, paint, heaters, and lighting. Duplexes feature connected carports with large storage closets. Unit #G is a recently updated stand-alone home with detached storage/garage. Laundry hookups in all units. Close proximity to NAS Whidbey and downtown Oak Harbor.

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Multi-Family Pending

Price

$ 4,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,331

Style

10+ Units

Lot Size

6.89

Year Built

1960

Town/City

Oak Harbor

County/Region

Island

MLS | Web ID

2414955
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing See Remarks Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1960
Property Subtype Multi Family
Tax Year 2025
County Island
Net Operating Income 287355
Insurance Expense 9642
New Construction N
Property Type Residential Income
HOA N
Subdivision Name City Of Oak Harbor
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions South on SR 20. Right on Swantown Ave. Located at intersection of Swantown Ave and Heller St on right.
High School Oak Harbor High
City Oak Harbor
Senior Community Y/N N
High School District Oak Harbor
Zoning Description Multi-Family
Open Parking Spaces 25
Number Of Units Total 23
MLS Area 813 - North Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 300128
Carport Spaces 22
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 24331
Electric Expense 2302
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Incredible future redevelopment opportunity with existing multi-family income! 23 units located on 6.9 acres within Oak Harbor City Limits consisting of 11 duplexes and a single-family home. Buyer to
Leasable Area 17976
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Water Company City of Oak Harbor
Units Below Grade false
Units In Building Total 23
Water Sewer Garbage 38796
Property Style 56 - 10+ Units
Cap Rate 6.11
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Paved Value In Land
Water Source Public
Total Parking 25
Foundation Details Slab
Building Area Total 17976
Lot Size Acres 6.89
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 25
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2414955
Street Number 1 1380
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* Excluded Features
List By
Brian Wasinger

Listing Agent

Oak Harbor Real Estate

Broker

Affordability Calculator

$31,349
Per Month
94%
6%
0%
Monthly Principal & Interest
$29,322
Monthly Property Taxes
$2,028
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100177 Elementary School
3100524 Middle School
Oak Harbor High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/31/2025$4,700,000 Listed Price

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1380 SW Swantown Avenue, Oak Harbor, WA, 98277 is a Multi-Family Home for sale at $4,700,000 with 17,976 sqft and a lot size of 6.89. 1380 SW Swantown Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 98277 which is in Oak Harbor, WA

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