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Multifamily Residential Land For Sale
For Sale
$595,000

425 21st St, Mount Vernon, WA 98273

0.67 acre multifamily residential land with utilities on site.

Property Size29,185 SF
Price / SF$20.39
Days on Market635

Property Features for 425 21st St

General Information

Standard status Active
Size 29,185 SF
Property subtype Commercial
Listing Agency: LEARNED COMMERCIAL, INC.
Listed By: CLAY LEARNED · License #8418
Source: Corcoran
Added: Nov 12, 2024 Changed: Aug 8 Last Checked: Jul 16 at 6:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEARNED COMMERCIAL, INC.

Investment Insights

Based on property information with market context.

This property features approximately 0.67 acres of land, suitable for multifamily residential development. The site is zoned R-3: Multifamily Residential and is comprised of three likely duplex lots, to be sold together. The property benefits from the presence of multiple utilities on site. The property size is 29185 square feet.

Key Highlights

  • Three potential duplex lots being sold together, offering significant development opportunity.
  • Large 0.67 +/- acre property provides ample space for multifamily residential development.
  • Zoned R‑3: Multifamily Residential, allowing for diverse housing options.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby

Demographics for 98273, WA

31,243
Population
11,991
Households
2.6
Avg Household Size
37
Median Age
25%
College-Educated
87%
High-School Grad
83.9 sq mi
ZIP Area
372
Density / Sq Mi
$74,247
Median Household Income
$42,168
Median Earnings
$1,171
Median Rent
$448,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.67 acre multifamily residential land with utilities on site.
Where is this residential land & home lot located?
The property is located at 425 21st St Mount Vernon, WA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Three potential duplex lots being sold together, offering significant development opportunity.; Large 0.67 +/- acre property provides ample space for multifamily residential development.; Zoned R‑3: Multifamily Residential, allowing for diverse housing options.
More about this property
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