Multifamily

Mount Vernon, WA Multifamily Properties for Sale

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Burlington, WA Sedro Woolley, WA La Conner, WA Anacortes, WA Stanwood, WA Bow, WA Oak Harbor, WA Arlington, WA
Six-Unit Apartment Building
Updated: Mar 3
Six-Unit Apartment Building

520 North 1st Street, Mount Vernon, WA 98273

$899,000
0.21 AC lot
Six‑unit apartment building built in 1921 in central Mount Vernon, WA
Unit mix includes four 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
100% occupancy with current tenants
Dedicated rear parking plus off‑street parking available
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45-Unit Apartment Complex For Sale
Updated: Apr 20
45-Unit Apartment Complex For Sale

401 Stanford Dr, Mount Vernon, WA 98273

$7,895,000
23,922 sqft 1.95 AC lot
Large 45‑unit apartment complex, a great investment opportunity.
Walking distance to schools and hospital, offering convenience for residents.
Recent complete rehab renovations make this a move‑in ready property.
Stainless steel appliances in units.
On‑site management office and laundry facilities.
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Vernon, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Triplex Residential Income Property
Triplex Residential Income Property

Sedro Woolley, WA 98284

$600,000
1,456 sqft 1.09 AC lot

Triplex residential income property for sale on 1.09 acres in Sedro-Woolley, WA.

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Income-Producing Property in Oak Harbor
Income-Producing Property in Oak Harbor

3100 Taylor Rd, Oak Harbor, WA 98277

$1,300,000
4,350 sqft

Two duplexes and a house with great rental history.

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Sedro Woolley Multifamily Property
Sedro Woolley Multifamily Property

Sedro Woolley, WA 98284

$1,453,000
6,340 sqft

Well-maintained 6-plex with upgraded units in a quiet location.

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Oak Harbor Mixed-Use Building
Oak Harbor Mixed-Use Building

880 SE Pioneer Way, Oak Harbor, WA 98277

$699,999

Mixed-use building with bar, restaurant, and residential income potential.

View details

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.

Sequim Land with Panoramic Views
Sequim Land with Panoramic Views

463 Miller Road, Sequim, WA 98382

$1,199,000
9.90 AC lot

9.9 acres with saltwater, mountain, and city views.

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Secluded RV Lot with Mountain Views
Secluded RV Lot with Mountain Views

1769 Naches Wenas Road, Unit 12, Selah, WA 98942

$164,000
0.12 AC lot

Private RV lot with full hookups and resort amenities.

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Naches RV Resort Bluff-Top Lot
Naches RV Resort Bluff-Top Lot

62-1769 Naches Wenas Rd, Selah, WA 98942

$110,000

Bluff-top RV lot with full hookups and resort amenities.

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RV-Ready Lot Near Pacific Ocean
RV-Ready Lot Near Pacific Ocean

33702 G Street, Ocean Park, WA 98640

$109,000

RV-ready lot with canal frontage near the Pacific Ocean.

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Off-Market Properties in Mount Vernon, WA

Consider similar Off-Market properties in Mount Vernon, 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.

1400 30th St
MOBILE HOME PARK, TRAILER PARK

1400 30th St, Mount Vernon, WA 98273-5743

Value Estimation by Request
1,504 sqft 15.32 AC lot
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11453 Bayview Edison Rd
MOBILE HOME PARK, TRAILER PARK

11453 Bayview Edison Rd, Mount Vernon, WA 98273-7243

$3,025,000
Estimated value
7.85 AC lot
View details
1222 2nd St
APARTMENT HOUSE (5+ UNITS)

1222 2nd St, Mount Vernon, WA 98273-4859

Value Estimation by Request
2,132 sqft 0.14 AC lot
View details
1224 2nd St
APARTMENT HOUSE (5+ UNITS)

1224 2nd St, Mount Vernon, WA 98273-4879

$585,000
Estimated value
3,440 sqft 0.14 AC lot
View details
405 4th St
APARTMENT HOUSE (5+ UNITS)

405 4th St, Mount Vernon, WA 98273-2847

$815,000
Estimated value
3,784 sqft 0.16 AC lot
View details
1008 2nd St
APARTMENT HOUSE (5+ UNITS)

1008 2nd St, Mount Vernon, WA 98273-4241

$3,410,000
Estimated value
21,084 sqft 0.16 AC lot
View details
427 21st St
APARTMENT HOUSE (5+ UNITS)

427 21st St, Mount Vernon, WA 98273-3567

Value Estimation by Request
4,856 sqft 0.30 AC lot
View details
203 Stanford Dr
APARTMENT HOUSE (5+ UNITS)

203 Stanford Dr, Mount Vernon, WA 98273-3573

$925,000
Estimated value
10,763 sqft 0.80 AC lot
View details
520 1st St
APARTMENT HOUSE (5+ UNITS)

520 1st St, Mount Vernon, WA 98273-2871

$660,000
Estimated value
3,360 sqft 0.21 AC lot
View details
317 Stanford Dr, Unit 325
APARTMENT HOUSE (5+ UNITS)

317 Stanford Dr, Mount Vernon, WA 98273-3584

Unit 325
$875,000
Estimated value
10,976 sqft 5.00 AC lot
View details
303 Stanford Dr, Unit 307
APARTMENT HOUSE (5+ UNITS)

303 Stanford Dr, Mount Vernon, WA 98273-3583

Unit 307
$855,000
Estimated value
10,976 sqft 0.95 AC lot
View details
215 Stanford Dr, Unit 225
APARTMENT HOUSE (5+ UNITS)

215 Stanford Dr, Mount Vernon, WA 98273-3585

Unit 225
$870,000
Estimated value
10,976 sqft
View details
212 Stanford Dr
APARTMENT HOUSE (5+ UNITS)

212 Stanford Dr, Mount Vernon, WA 98273-3541

$660,000
Estimated value
8,400 sqft 5.00 AC lot
View details
220 Stanford Dr
APARTMENT HOUSE (5+ UNITS)

220 Stanford Dr, Mount Vernon, WA 98273-3542

$645,000
Estimated value
8,640 sqft
View details
230 Stanford Dr
APARTMENT HOUSE (5+ UNITS)

230 Stanford Dr, Mount Vernon, WA 98273-3543

$645,000
Estimated value
8,640 sqft
View details
200 Laventure Rd
APARTMENT HOUSE (5+ UNITS)

200 Laventure Rd, Mount Vernon, WA 98274-4795

Value Estimation by Request
1,932 sqft 3.98 AC lot
View details
1701 Windsor Dr, Unit 1719
APARTMENT HOUSE (5+ UNITS)

1701 Windsor Dr, Mount Vernon, WA 98273-5662

Unit 1719
$2,205,000
Estimated value
3,984 sqft 0.56 AC lot
View details
107 7th St
APARTMENT HOUSE (5+ UNITS)

107 7th St, Mount Vernon, WA 98273-3367

$625,000
Estimated value
1,740 sqft 0.14 AC lot
View details
4103 College Way
APARTMENT HOUSE (5+ UNITS)

4103 College Way, Mount Vernon, WA 98273-9173

Value Estimation by Request
5,250 sqft 4.58 AC lot
View details
1011 Division St
APARTMENT HOUSE (5+ UNITS)

1011 Division St, Mount Vernon, WA 98274-4051

$1,605,000
Estimated value
9,924 sqft
View details
1024 Blackburn Rd
APARTMENT HOUSE (5+ UNITS)

1024 Blackburn Rd, Mount Vernon, WA 98273

$605,000
Estimated value
6,684 sqft 0.44 AC lot
View details
327 4th St
APARTMENT HOUSE (5+ UNITS)

327 4th St, Mount Vernon, WA 98273-2870

$1,170,000
Estimated value
2,990 sqft 0.14 AC lot
View details

Mount Vernon, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Mount Vernon, WA on our real estate platform. These investment opportunities span a total of 23,922 square feet of properties for sale, with an estimated market value of $7,895,000.

Sale prices for multifamily properties in Mount Vernon, WA start at $7,895,000, averaging $7,895,000, and reaching up to $7,895,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Mobile home & RV parks 1

Demographics Overview

Population 49K
Population Growth (5Y) +3.7%
Median Household Income $81,862
College Educated 40.6%

High-Yield Neighborhoods for Investment

Identify Mount Vernon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
98273 $3.7M

Taxes & Financing

Tax Rate (average for all types) 1.07%
Property Tax per SF $8.01 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mount Vernon fall within the 100,000+ square foot range.

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