Listed by Corey Crain, Keller Williams Realty Bothell
- 1,600
- Square feet
- $234
- Per sq ft
- Multi Family
- Type
- 1950
- Year built
- 7,405 sq ft
- Lot
- 0
- Days on market
About this property
Three units at $125,000 per door. Two 1BR/1BA and one 2BR/1BA, all single-level with private entries on a 7,405 SF lot, minutes from I-5 and downtown Mount Vernon. 100% occupied. The opportunity is the rent gap. In-place rents total $2,575/month. Comparable Mount Vernon one-bedrooms are currently leasing between $1,380 and $1,600. At conservative market rents this property produces $44,400 annually, roughly $13,500 above today, with no change to the building. Self-managed by the same ownership since 2017. Owner pays water, sewer, garbage and common electric; tenants pay in-unit power. Off-street parking, fenced rear yard, single-story construction with no shared stairwells or common corridors. Seller-operated NOI $14,464. Pro forma NOI $26,464.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2577601
- Listed
- September 4, 2026
- Days on market
- 0
- Price per sq ft
- $234
Unit & building
- Stories in building
- 1
- Units in building
- 3
Parking
- Total spaces
- 6
Construction
- Year built
- 1950
- Style
- 53 - Tri-plex
- Structure
- Triplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- VinylCarpet
Lot
- Lot size
- 7,405 sq ft
Terms
- Terms offered
- CashConventionalFarm Home Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Mount Vernon
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Triplex
- Composition
- Baseboard
- None
- Electric
- Natural Gas
- Vinyl
- Carpet
- Cash
- Conventional
- Farm Home Loan
- Public
Listing history
Listed
$375,000
September 4, 2026
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$2,184
- Principal & interest
- $1,896
- Property tax (est.)
- $288
Assumes $75,000 down (20%), a $300,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$464,000
908 S 20th
Mount Vernon, WA
$419,800
1812 N 30th Street
Mount Vernon, WA
$485,000
5319 Timber Ridge Drive
Mount Vernon, WA
$395,000
116 S 7th Street
Mount Vernon, WA
$390,000
1509 S 7th Street S
Mount Vernon, WA
$455,000
1905 E Belair Drive
Mount Vernon, WA
Based on information submitted to the MLS GRID as of September 4, 2026 at 12:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.