505 Linder Street, Friday Harbor, WA 98250

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

List Price
$850,000
Status
ACTIVE
MLS#
2582772
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,465
Area Total SqFt
1465
Annual Tax Ammount
105
Lot Size (sq ft)
19,698
Sewer
Available

Property Description

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.

Additional Information

List Date
2026-10-01 07:10:14
Community
Friday Harbor
Net Operating Income
$430
Gross Adjusted Income
$1,200
Gross Scheduled Income
$1,200
Total Monthly Income
$1,200
Insurance Expenses
$175
Water/Sewer/Garbage Expenses
$225
Gross Rent Multiplier
708
Total Expenses
$770
Cap Rate
1
Total Number of Units
2
Unit Name
505
Potential Terms
Cash
Year Built
1948
Roof
Built-Up, Composition, Metal
Site Features
Fenced-Partially
Electric Expenses
265
Energy Source
Electric
School District
San Juan Island
Total Monthly Income
$1,200
Gross Scheduled Income
$1,200
Gross Adjusted Income
$1,200
Tax Year
2026
Insurance Expense
$175
W/S/G Expenses
$225
Total Expenses
$770
Net Operating Income
$430
Gross Rent Multiplier
708
Cap Rate
1
Based on information submitted to the MLS GRID as of . 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.
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