Listed by Oak Harbor Real Estate
$4,700,000
PENDING

1380 SW Swantown Ave Oak Harbor, WA 98277

Estimated payment $26,677/month

Total Views 2,738
46 Beds
24 Baths
17,976 Sq Ft
$261 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Wood Siding
  • Broadview Elementary School Rated A-
  • Baseboard Heating
  • Carpet

About This Home

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.

Listing Agent

Brian Wasinger

Oak Harbor Real Estate License #25583 Listed on: 07/30/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2414955

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,331

Year Built

  • Built in 1960

Lot Details

  • 6.89 Acre Lot
  • Corner Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 17,976 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 46 Bedrooms
  • 24 Bathrooms

Parking

  • 25 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Oak Harbor High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • City Of Oak Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number R132031701700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,331

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1960
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 17976
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 46
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 22
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 25

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Oak Harbor
  • WaterCompany: City of Oak Harbor
  • CableConnected: Buyer to Verify
  • InternetConnected: Buyer to Verify

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Oak Harbor
  • High School: Oak Harbor High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: R132031701700
  • Lot Size Acres: 6.89
  • Lot Size Sq Ft: 300128
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Island County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.87
  • LeasedItems: None
  • TotalMonthlyIncome: 34550

Tax Info

  • Year: 2025
  • Tax Annual Amount: 24331

Multi Family

  • Number Of Units Total: 23
  • Electric Expense: 2302
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $4,700,000 -- $261 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2414955

Northwest Multiple Listing Service (NWMLS)
Washington Island County Oak Harbor 98277

1380 SW Swantown Ave, Oak Harbor, WA

Pending

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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 is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Listing Agent
Brian Wasinger
Section Image
Oak Harbor Real Estate
(360) 499-0664