Residential Income

Mount Vernon, WA Residential Income Properties for Sale

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Burlington, WA Sedro Woolley, WA La Conner, WA Bow, WA Anacortes, WA Stanwood, WA Arlington, WA Oak Harbor, WA
6 properties
7-Unit Multifamily Compound
Updated: Mar 16
7-Unit Multifamily Compound

1307 Fir Lane, Unit 7, Mount Vernon, WA 98273

$1,628,500
5,824 sqft
Seven‑unit multifamily compound built in 1952
All units are single‑story 2 bed, 1 bath with private yards
Attached carports for all units
Complex includes 3 buildings with new TPO roofs
Many units have new flooring (ownership of appliances to be confirmed at sale)
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Well-Maintained Quadplex with Garages
Updated: Feb 24
Well-Maintained Quadplex with Garages

1509 Sunset, Mount Vernon, WA 98273

$1,200,000
4,624 sqft
4,624‑square‑foot quadplex built in 1987
Unit mix includes two 2‑bedroom, 1‑bath units and two 3‑bedroom, 2‑bath units
Each unit includes a garage and an exterior parking spot
Every unit has A/C, dishwasher, stove, fridge, washer and dryer
Long‑standing tenants include one since 2002 and another since 2015
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Remodeled 4-Plex Residential Income
Remodeled 4-Plex Residential Income

130 Stanford Drive, Mount Vernon, WA 98273

$887,600
3,576 sqft

Four 2-bedroom, 1-bath units offer central laundry, off-street parking, and a recently installed roof.

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Multifamily Residential Land For Sale
Multifamily Residential Land For Sale

425 21st St, Mount Vernon, WA 98273

$595,000
29,185 sqft

0.67 acre multifamily residential land with utilities on site.

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7-Unit Apartment Compound
7-Unit Apartment Compound

1307 - 1321 Fir Lane, Mount Vernon, WA 98273

Contact for pricing

Seven 2-bedroom, 1-bath units in a well-maintained 1955 building, each with a carport and updated roofing.

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Skagit Valley Manufactured Home Lots
Skagit Valley Manufactured Home Lots

1400 30th St, Mount Vernon, WA 98273

$23,500,000

172 lots with public utilities and strong occupancy history.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Mount Vernon, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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 6-Plex Investment
Updated 6-Plex Investment

410 Murdock, Unit 6, Sedro Woolley, WA 98284

$1,360,000
4,224 sqft

Well-established 6-plex within city limits, with updated units, in-unit washer and dryer hookups, and a recently installed roof.

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Mixed-Use Flex Building
Mixed-Use Flex Building

105 S Pine St, Burlington, WA 98233

Contact for pricing
6,212 sqft 0.14 AC lot

Two-story building includes retail/office space on the first floor and a 2nd-floor apartment.

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Sedro Woolley Multifamily Property
Sedro Woolley Multifamily Property

Sedro Woolley, WA 98284

Contact for pricing
6,340 sqft

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

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Residential Income Triplex Property
Residential Income Triplex Property

12081 Pulver Rd, Burlington, WA 98233

Contact for pricing

Three separate homes on one lot, each with its own address, septic, and power meter, sold as-is.

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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.

Anacortes Land in Sunset Ridge
Anacortes Land in Sunset Ridge

2810 Grady Ln, Anacortes, WA 98221

Contact for pricing
0.23 AC lot

Residential lot in desirable neighborhood near amenities and scenic views.

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Forested Land in Happy Valley
Forested Land in Happy Valley

0 156th St Nw, Stanwood, WA 98292

$295,000
15.00 AC lot

Secluded, heavily forested 15-acre land in Stanwood, WA.

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5.2 Acre Residential Land Parcel
5.2 Acre Residential Land Parcel

184xx 123rd Ave NE, Arlington, WA 98223

Contact for pricing
5.20 AC lot

Peaceful 5.2 acre parcel near Stillaguamish River.

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Bellingham Development Opportunity
Bellingham Development Opportunity

3001 East Sunset Drive, Bellingham, WA 98226

$2,750,000

Approved townhome development site in desirable Bellingham neighborhood.

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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

Mount Vernon, WA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Mount Vernon, WA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 43,209 square feet of properties for sale, with an estimated market value of $27,811,100.

Sale prices for residential income properties in Mount Vernon, WA start at $595,000, averaging $5,562,220, and reaching up to $23,500,000 — 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

Multifamily properties 6
Apartment buildings 2
Quadplexes 2
Duplexes 1
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 $2.9M

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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