Listing Office: Windermere RE Whatcom, Inc. Northwest Multiple Listing Service Logo

321 N 4th Street A-d, Mount Vernon, WA

$1,199,000

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2,891

Square feet

0.22

Acres

About 321 N 4th Street A-d

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!

Features of 321 N 4th Street A-d

MLS® # 2562279
Price $1,199,000
Square Footage 2,891
Acres 0.22
Year Built 1917
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 321 N 4th Street A-d
Area 835 - Mount Vernon
Subdivision Mount Vernon
City Mount Vernon
County Skagit
State WA
Zip Code 98273

Amenities

Parking Spaces 6
# of Garages 1
View River, Territorial
Is Waterfront No

Interior

Heating Ductless
Cooling Ductless
Fireplace No
# of Stories 2

Exterior

Exterior Features Wood
Lot Description Paved
Foundation Poured Concrete

School Information

District Mount Vernon
Elementary Buyer To Verify
Middle La Venture Mid
High Mount Vernon High

Additional Information

Date Listed August 3rd, 2026
Days on Market 10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere RE Whatcom, Inc.

Listing Map

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