520 North 1st Street, Mount Vernon, WA 98273

Building Details

Year built

1921

Architectural style

Other

Listing agent Eric Olson License #118557,PersonLicenseNumber Show Phone

Listing office NextHome Preview Properties 1615 Buck Way #A, WA Show Phone

Listing date Mar 3, 2026

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MLS# 2486089 Listing URL

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Overview

This six-unit apartment building is configured with four 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The property is currently 100% occupied, providing a fully leased setup for an owner. Parking is arranged in the rear of the building with dedicated parking spaces, along with additional off-street parking for residents.

Located in the central core of Mount Vernon, Washington, the property offers convenient access to nearby area amenities typical of an established downtown setting. The building’s parking layout supports day-to-day resident needs without requiring on-street reliance.

For investors or operators seeking a small-balance multifamily asset, the unit mix provides variety between 1-bedroom and 2-bedroom floorplans while maintaining a consistent apartment style across the property. The fully occupied status may appeal to buyers looking to acquire a stabilized building, supported by the on-site parking arrangement and the current lease occupancy.

Suggested Use

Clothing & Fashion Store Wine and Liquor Store Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Fish Market Adult Day Care Butcher (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Mount Vernon

County

Skagit

State

Washington

Longitude

-122.3367767

Latitude

48.4262505

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FAQs

What type of property is this?

Apartment building - Six-unit multifamily property with dedicated rear parking and a mix of 1- and 2-bedroom units.

Where is this apartment building located?

The property is located at 520 North 1st Street Mount Vernon, WA.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Six‑unit apartment building with 100% occupancy.; Low tenant turnover.; Central core location in Mount Vernon, Washington.