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    Mount Vernon, WA
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    Mount Vernon, WA Residential Income Properties for Sale

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    Burlington, WA Sedro Woolley, WA La Conner, WA
    Six-Unit Apartment Building
    $899,000
    0.21 Acres
    Six-Unit Apartment Building

    520 North 1st Street, Mount Vernon, WA 98273

    Six-unit multifamily property with dedicated rear parking and a mix of 1- and 2-bedroom units.
    • Six‑unit apartment building with 100% occupancy.
    • Low tenant turnover.
    • Central core location in Mount Vernon, Washington.
    • Mix of 1‑bedroom/1‑bath and 2‑bedroom/1‑bath units.
    • Dedicated parking in rear and off‑street parking.
    Updated: Mar 3
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    45-Unit Apartment Complex For Sale
    $7,895,000
    23,922 SF
    45-Unit Apartment Complex For Sale

    401 Stanford Dr, Mount Vernon, WA 98273

    Large apartment complex near schools and hospital.
    • 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.
    Updated: Apr 20
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    New Construction Multifamily Investment Property
    $4,350,000
    New Construction Multifamily Investment Property

    New 10-unit complex plus adjacent 4-plex near amenities.

    403 21st St, Mount Vernon, WA 98273

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    Mount Vernon Multifamily Property
    $1,787,000
    Mount Vernon Multifamily Property

    Well-maintained 8-unit apartment building with recent upgrades.

    325 21st St, Mount Vernon, WA 98273

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Vernon, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Well-Maintained 4-Plex Investment
    $1,195,000
    3,264 SF
    Well-Maintained 4-Plex Investment

    A remodeled four-unit property with private patios and large garages, presented for sale with a low-maintenance setup.

    1202 Nelson, Sedro Woolley, WA 98284

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    Income-Producing Property in Oak Harbor
    $1,300,000
    4,350 SF
    Income-Producing Property in Oak Harbor

    Two duplexes and a house with great rental history.

    3100 Taylor Rd, Oak Harbor, WA 98277

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    Sedro Woolley Multifamily Property
    $1,453,000
    6,340 SF
    Sedro Woolley Multifamily Property

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

    Sedro Woolley, WA 98284

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    Downtown Oak Harbor Waterview Property
    $349,000
    0.70 Acres
    Downtown Oak Harbor Waterview Property

    Mixed-use property with retail and residential potential in developing area.

    945 SE Pioneer Way #34,35,36,53, Oak Harbor, WA 98277

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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 Mixed-Use Development Opportunity
    $2,600,000
    0.78 Acres
    Anacortes Mixed-Use Development Opportunity

    0.78+ acre site for mixed-use development in Anacortes.

    2821 Commercial Avenue, Anacortes, WA 98221

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    Anacortes Land Redevelopment Opportunity
    $299,000
    Anacortes Land Redevelopment Opportunity

    Level, in-town property with redevelopment potential near downtown Anacortes.

    1311 H Avenue #11-14, Anacortes, WA 98221

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    Forested Land in Happy Valley
    $295,000
    15.00 Acres
    Forested Land in Happy Valley

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

    0 156th St Nw, Stanwood, WA 98292

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    Mixed-Use Development Opportunity
    $890,000
    Mixed-Use Development Opportunity

    Shovel-ready mixed-use development with permits, near Angel of the Winds Arena.

    3122 Broadway Avenue #15&16, Everett, WA 98201

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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
    1,504 SF Lot: 15.32 Acres
    Value Estimation by Request

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

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    11453 Bayview Edison Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.85 Acres
    Estimated value
    $3,025,000

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

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    1222 2nd St
    APARTMENT HOUSE (5+ UNITS)
    2,132 SF Lot: 0.14 Acres
    Value Estimation by Request

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

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    1224 2nd St
    APARTMENT HOUSE (5+ UNITS)
    3,440 SF Lot: 0.14 Acres
    Estimated value
    $585,000

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

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    405 4th St
    APARTMENT HOUSE (5+ UNITS)
    3,784 SF Lot: 0.16 Acres
    Estimated value
    $815,000

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

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    1008 2nd St
    APARTMENT HOUSE (5+ UNITS)
    21,084 SF Lot: 0.16 Acres
    Estimated value
    $3,410,000

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

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    427 21st St
    APARTMENT HOUSE (5+ UNITS)
    4,856 SF Lot: 0.30 Acres
    Value Estimation by Request

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

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    203 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)
    10,763 SF Lot: 0.80 Acres
    Estimated value
    $925,000

    203 Stanford Dr, Mount Vernon, WA 98273-3573

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    520 1st St
    APARTMENT HOUSE (5+ UNITS)
    3,360 SF Lot: 0.21 Acres

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

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    317 Stanford Dr, Unit 325
    APARTMENT HOUSE (5+ UNITS)
    10,976 SF Lot: 5.00 Acres
    Estimated value
    $875,000
    Unit 325

    317 Stanford Dr, Mount Vernon, WA 98273-3584

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    303 Stanford Dr, Unit 307
    APARTMENT HOUSE (5+ UNITS)
    10,976 SF Lot: 0.95 Acres
    Estimated value
    $855,000
    Unit 307

    303 Stanford Dr, Mount Vernon, WA 98273-3583

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    215 Stanford Dr, Unit 225
    APARTMENT HOUSE (5+ UNITS)
    10,976 SF Lot: 0.00 Acres
    Estimated value
    $870,000
    Unit 225

    215 Stanford Dr, Mount Vernon, WA 98273-3585

    View details
    212 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)
    8,400 SF Lot: 5.00 Acres
    Estimated value
    $660,000

    212 Stanford Dr, Mount Vernon, WA 98273-3541

    View details
    220 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)
    8,640 SF Lot: 0.00 Acres
    Estimated value
    $645,000

    220 Stanford Dr, Mount Vernon, WA 98273-3542

    View details
    230 Stanford Dr
    APARTMENT HOUSE (5+ UNITS)
    8,640 SF Lot: 0.00 Acres
    Estimated value
    $645,000

    230 Stanford Dr, Mount Vernon, WA 98273-3543

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    200 Laventure Rd
    APARTMENT HOUSE (5+ UNITS)
    1,932 SF Lot: 3.98 Acres
    Value Estimation by Request

    200 Laventure Rd, Mount Vernon, WA 98274-4795

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    1701 Windsor Dr, Unit 1719
    APARTMENT HOUSE (5+ UNITS)
    3,984 SF Lot: 0.56 Acres
    Estimated value
    $2,205,000
    Unit 1719

    1701 Windsor Dr, Mount Vernon, WA 98273-5662

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    107 7th St
    APARTMENT HOUSE (5+ UNITS)
    1,740 SF Lot: 0.14 Acres
    Estimated value
    $625,000

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

    View details
    4103 College Way
    APARTMENT HOUSE (5+ UNITS)
    5,250 SF Lot: 4.58 Acres
    Value Estimation by Request

    4103 College Way, Mount Vernon, WA 98273-9173

    View details
    1011 Division St
    APARTMENT HOUSE (5+ UNITS)
    9,924 SF Lot: 0.00 Acres
    Estimated value
    $1,605,000

    1011 Division St, Mount Vernon, WA 98274-4051

    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 4 active listings 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 residential income 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

    Multifamily properties 5
    Apartment buildings 4
    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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