Apartment Building

Friday Harbor, WA Apartment Buildings for Sale

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Eastsound, WA Lopez Island, WA Decatur Island, WA Olga, WA Lummi Island, WA Oak Harbor, WA Coupeville, WA Ferndale, WA
Multifamily Apartment Complex
Updated: Jun 21
Multifamily Apartment Complex

849 Spring Street, Friday Harbor, WA 98250

$2,525,000
20,000 sqft
Spring Street Square in Friday Harbor: approx. 20,000± SF across five buildings, currently configured as 24 units
Generates a stated 6.5% cap rate currently, with projected returns of approx. 7.8% upon stabilization
Sale includes two tax parcels plus an additional 0.55± acre vacant lot
Parking for 40 spaces, with prominent Spring Street frontage
Recent upgrades include a fire suppression system, improvements to landings and railings, and exterior paint
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Friday Harbor, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated 12-Unit Multifamily Building
Updated 12-Unit Multifamily Building

402 Laurel, Port Angeles, WA 98362

$1,920,000
8,762 sqft 0.30 AC lot

Twelve-unit multifamily property with recent exterior, window, roofing, parking, and electrical updates.

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Multifamily Property Near WWU Campus
Multifamily Property Near WWU Campus

1011 21st Street, Bellingham, WA 98225

$8,400,000
25,265 sqft

19-unit multifamily property near Western Washington University.

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Historic Downtown Apartment Building
Historic Downtown Apartment Building

201 N Commercial St, Bellingham, WA 98225

$2,250,000

Two-story, sixteen-unit apartment community in downtown Bellingham.

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Downtown Port Angeles Apartment Building
Downtown Port Angeles Apartment Building

527 E 1st St, Port Angeles, WA 98362

$1,525,000

Twelve-unit apartment building in Downtown Port Angeles with recent renovations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Pahrump Land Investment Opportunity
Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing
0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure
Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Off-Market Properties in Friday Harbor, WA

Consider similar Off-Market properties in Friday Harbor, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Friday Harbor, WA 98250
APARTMENT HOUSE (5+ UNITS)

Friday Harbor, WA 98250

Value Estimation by Request
0.26 AC lot
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Friday Harbor, WA 98250
APARTMENT HOUSE (5+ UNITS)

Friday Harbor, WA 98250

Value Estimation by Request
5,065 sqft 40.09 AC lot
View details

Friday Harbor, WA Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Friday Harbor, WA on our real estate platform. These investment opportunities span a total of 20,000 square feet of properties for sale, with an estimated market value of $2,525,000.

Sale prices for two-family homes in Friday Harbor, WA start at $2,525,000, averaging $2,525,000, and reaching up to $2,525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 9,127
Population Growth (5Y) +13.8%
Median Household Income $90,146
College Educated 72.7%

Taxes & Financing

Tax Rate (average for all types) 0.57%
Property Tax per SF $2.93 per SF
Average Loan-to-Value 65.0%

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