Residential Income

Mount Vernon, WA Residential Income Properties for Sale

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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

$1,200,000
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
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Four-Unit Multifamily Property
Updated: Jul 30
Four-Unit Multifamily Property

1523 Sunset Pl, Mount Vernon, WA 98273

$1,149,999
3,920 sqft
Four‑unit property with 3,920 square feet total
Each unit measures 980 square feet with 2 bedrooms and 2 bathrooms
Two units are rented and two are vacant
Each residence includes a large deck, private storage, washer, and dryer
Interior and exterior repainting completed; each unit has new carpet and fresh paint
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Tenant-Occupied Duplex
Tenant-Occupied Duplex

930 S 22nd Ct, Mount Vernon, WA 98274

$595,000
1,832 sqft

Fully occupied two-unit property near downtown Mount Vernon with professional management history.

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

1509 Sunset, Mount Vernon, WA 98273

$1,200,000
4,624 sqft

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

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Four-Unit Mountain-View Quadplex
Four-Unit Mountain-View Quadplex

1523 Sunset, Mount Vernon, WA 98273

$1,149,999
3,704 sqft

Well-maintained multifamily property with flexible occupancy, covered parking, storage, and private laundry for every residence.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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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Quadplex with Garages
Quadplex with Garages

225 N 21st St, Mount Vernon, WA 98273

$958,000
2,984 sqft

Four-unit property with on-site coin laundry, individual garages, and dedicated exterior parking.

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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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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 10 Active listings in Mount Vernon, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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.

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 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.

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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.

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Waterfront Land with Destination Trailer
Waterfront Land with Destination Trailer

23727 Cove Rd, Sedro Woolley, WA 98284

$215,000

Includes a destination trailer, RV sites, and private community access to fishing and a boat launch.

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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

$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.

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75.97 Acres Zoned R-5a
75.97 Acres Zoned R-5a

2200 E Smith Rd, Bellingham, WA 98226

$695,000
75.97 AC lot

75.97 acres zoned R-5a, development potential, investment opportunity.

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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

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 40,612 square feet of properties for sale, with an estimated market value of $35,309,998.

Sale prices for residential income properties in Mount Vernon, WA start at $595,000, averaging $3,530,999, 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 10
Quadplexes 5
Apartment buildings 3
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 $595K
98273 $3.5M

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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