321 N 4th Street #A-D, Mount Vernon, WA 98273 (MLS # 2562279)

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Listing provided courtesy of Northwest MLS; Windermere RE Whatcom, Inc.

PRICE $1,199,000
BEDS 0
BATHS 0
HOME SIZE 2,891 sqft
LOT SIZE 9,579 sqft
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Investor Alert - Exceptional Cash-Flow Opportunity with Future Value-Add Potential! Now generating $6,395 per month in gross rental income, this turnkey 4-plex offers immediate cash flow with future flexibility. The property consists of a newly renovated triplex plus a detached 2-bedroom, 1-bath home on one lot, with the potential to adjust the lot line and create two separate properties"”a standalone home and a triplex (buyer to verify feasibility). Extensively updated, the units feature new appliances, mini-split heating and cooling systems, flooring, windows, kitchens, and bathrooms. Each unit is separately metered for simplified utility management. The triplex includes a one-car garage and additional basement storage. Whether you're looking to maximize your investment or occupy one residence, this property offers outstanding flexibility. Choose to adjust the lot line and sell one property while keeping the other, live in the detached home and rent the triplex, or maintain all four units as income-producing rentals. The detached home features a spacious yard, off-street parking, and scenic river views, making it an attractive rental or owner-occupied residence. Conveniently located near shopping, downtown amenities, and freeway access, this property combines strong in-place income, recent renovations, and future upside. Don't miss this exceptional investment opportunity!

LAST UPDATED 8/3/2026 TRACT Mount Vernon
YEAR BUILT 1917 COMMUNITY Mount Vernon
GARAGE SPACES 1.0 COUNTY Skagit
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School La Venture Mid
High School Mount Vernon High


ADDITIONAL DETAILS
AIR Ductless
AIR CONDITIONING Yes
AREA 835 - Mount Vernon
CONSTRUCTION Wood Siding
GARAGE Yes
HEAT Ductless , Electric, Natural Gas
LOT 9579 sq ft
LOT DESCRIPTION Paved
MLS STATUS Active
STORIES 2
STYLE 54 - 4-Plex
SUBDIVISION Mount Vernon
TAXES 6635
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION River, Territorial
WATER Public
ZONING Multi-Family

SATELLITE VIEW



 
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/12/26 2:24 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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