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    Mount Vernon, WA
    Residential Income

    Mount Vernon, WA Residential Income Properties for Sale

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    Found 10 residential income property listings for sale in Mount Vernon, WA, averaging $265/sq ft. Use valuation data to compare deals faster.
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    Four-Unit Apartment Property with Garages
    Updated: Aug 26
    Four-Unit Apartment Property with Garages

    1509 Sunset Pl, Mount Vernon, WA 98273

    $1,100,000
    4,624 sqft
    Four‑unit property totaling 4,624 square feet
    Unit mix includes two 2‑bedroom, 1‑bath units and two 3‑bedroom, 2‑bath units
    Built in 1987
    Each unit includes a garage and an exterior parking spot
    In‑unit air conditioning, dishwasher, stove, fridge, washer, and dryer
    View details
    4-Unit Multifamily Building
    Updated: Oct 13
    4-Unit Multifamily Building

    3400 College Way, Mount Vernon, WA 98274

    $995,500
    4,088 sqft
    Four units, each with 2 bedrooms and 1 bathroom
    2‑story building with 4,088 square feet
    Private entrance for each residence
    Built in 1990
    Near Skagit Valley College in Mount Vernon
    View details
    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    1523 Sunset Pl, Mount Vernon, WA 98273

    $1,149,999
    3,920 sqft

    Well-maintained multifamily asset with flexible occupancy, private outdoor space, and convenient residential amenities.

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    See hot listings in Mount Vernon

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    New Construction Multifamily Property
    New Construction Multifamily Property

    1601 N Waugh Road Unit: A-D, Mount Vernon, WA 98273

    $2,100,000
    5,472 sqft

    Newly built residences include stainless-steel appliances, mini-split heat pumps with A/C, and EV chargers.

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    Well-Maintained Quadplex with Garages
    Well-Maintained Quadplex with Garages

    1509 Sunset, Mount Vernon, WA 98273

    $1,100,000
    4,624 sqft

    Four residential units offer individual garages, exterior parking, and washer, dryer, and kitchen appliances.

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    7-Unit Apartment Compound
    7-Unit Apartment Compound

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

    $1,628,500
    5,824 sqft

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

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    701 S 1st St, Mount Vernon, WA 98273

    $2,300,000
    13,100 sqft

    Historic two-level property combines ground-floor retail with upper-level residential accommodations.

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    7-Unit Multifamily Property
    7-Unit Multifamily Property

    7-1307 Fir Ln, Mount Vernon, WA 98273

    $1,628,500

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

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    15-Unit Apartment Building
    15-Unit Apartment Building

    403 S 20th St, Mount Vernon, WA 98274

    $649,000

    Permit-ready three-story design includes in-unit laundry closets and flex rooms.

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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.

    View details
    10 active listings match your search: Residential Income for sale in Mount Vernon, WA. Based on your search, we've also compiled 69 Potential Opportunities for your consideration: 4 properties in nearby cities, 62 off-market properties to explore as potential leads, and 3 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Quadplex Property
    Updated Quadplex Property

    313 E Woodworth St Unit 4, Sedro Woolley, WA 98284

    $944,000
    3,260 sqft

    Fourplex asset with laundry hookups, ongoing unit improvements, and one recently remodeled vacancy.

    View details
    Mixed-Use Property with Short-Term Rental
    Mixed-Use Property with Short-Term Rental

    1917 Commercial Ave, Anacortes, WA 98221

    $615,000
    1,353 sqft

    Flexible in-town property combines commercial space with a separate rear short-term rental opportunity.

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    Updated Eight-Unit Apartment Property
    Updated Eight-Unit Apartment Property

    315 W Woodworth St, Sedro Woolley, WA 98284

    $868,000
    3,260 sqft

    Two buildings provide laundry hookups and ongoing unit improvements.

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    Updated Duplex with CBD Zoning
    Updated Duplex with CBD Zoning

    520 O Ave, Anacortes, WA 98221

    $687,000
    1,508 sqft

    Two separately entered units offer flexible layouts, modern finishes, and convenient access to downtown Anacortes amenities.

    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.

    Anacortes Land in Sunset Ridge
    Anacortes Land in Sunset Ridge

    2810 Grady Ln, Anacortes, WA 98221

    $349,900
    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

    $269,000
    5 sqft 5.20 AC lot

    Peaceful 5.2 acre parcel near Stillaguamish River.

    View details

    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

    Estimated value:
    $295,000
    1,504 sqft 15.32 AC lot
    View details
    11453 Bayview Edison Rd
    MOBILE HOME PARK, TRAILER PARK

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

    Estimated value:
    $3,230,000
    7.85 AC lot
    View details
    1222 2nd St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $480,000
    2,132 sqft 0.14 AC lot
    View details
    1224 2nd St
    APARTMENT HOUSE (5+ UNITS)

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

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

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

    Estimated value:
    $785,000
    3,784 sqft 0.16 AC lot
    View details
    1008 2nd St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $3,340,000
    21,084 sqft 0.16 AC lot
    View details
    427 21st St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $440,000
    4,856 sqft 0.30 AC lot
    View details
    203 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)

    203 Stanford Dr, Mount Vernon, WA 98273-3573

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

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

    Estimated value:
    $620,000
    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
    Estimated value:
    $875,000
    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
    Estimated value:
    $855,000
    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
    Estimated value:
    $870,000
    10,976 sqft
    View details
    212 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)

    212 Stanford Dr, Mount Vernon, WA 98273-3541

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

    220 Stanford Dr, Mount Vernon, WA 98273-3542

    Estimated value:
    $645,000
    8,640 sqft
    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 10 active listings on our real estate platform. These investment opportunities span a total of 41,652 square feet of properties for sale, with an estimated market value of $36,151,499.

    Sale prices for residential investment properties in Mount Vernon, WA start at $649,000, averaging $3,615,149, 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 11
    Apartment buildings 4
    Quadplexes 4
    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
    98274 $822.3K
    98273 $4.3M

    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.

    How Realmo verifies these figures

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