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7-Unit Multifamily Property
For Sale
$1,628,500

7-1307 Fir Ln, Mount Vernon, WA 98273

Three single-story buildings provide two-bedroom, one-bath layouts with yards and attached carports.

Property SizeContact for details
Days on Market110

Property Features for 7-1307 Fir Ln

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 7 x 2BR/1BA
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $12,938

Amenities

yards

Building Details

Buildings 3
Stories 1
Listing Agency: Windermere RE Skagit Valley
Listed By: Balisa E Koetje
Source: Exprealty
Added: May 5 Changed: Aug 20 Last Checked: Aug 21 at 11:58AM

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 Windermere RE Skagit Valley

Investment Insights

Based on property information with market context.

This multifamily property includes 7 units arranged across 3 single-story buildings. Each residence offers 2 bedrooms, 1 bathroom, and a yard, while every unit includes an attached carport. Many units feature new flooring, and all three buildings have new TPO roofing.

The property is located in Mount Vernon on elevated ground outside the flood plain. Schools, medical services, retail, and restaurants are located nearby, providing access to several everyday amenities. The configuration combines a consistent unit layout with separate buildings and individual outdoor areas.

Key Highlights

  • 7‑unit multifamily property with consistent 2‑bedroom, 1‑bath layouts
  • 3 single‑story buildings comprise the property
  • Every unit includes an attached carport and a yard

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Butcher Wine and Liquor Store

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,257
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three single-story buildings provide two-bedroom, one-bath layouts with yards and attached carports.
Where is this apartment building located?
The property is located at 7-1307 Fir Ln Mount Vernon, WA.
What is the asking price?
The asking price for this property is $1,628,500.
What are key features of this property?
This property features: 7‑unit multifamily property with consistent 2‑bedroom, 1‑bath layouts; 3 single‑story buildings comprise the property; Every unit includes an attached carport and a yard
More about this property
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