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Listed by: Wynden Holman (360) 319-8717 | Windermere RE Whatcom, Inc. (360) 371-5100
$1,199,000
Monthly Est:$5,968
7 Beds
4 Baths
2,891sqft
321 N 4th Street #A-D, Mount Vernon, WA 98273
$1,199,000
$5,968/moEst:
Get Pre-Approved
Multi Family
Built in 1917
$-- HOA
9,581 sqft lot
$415/sq.ft
Description
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!
- Houzeo last checked: 10 hours ago
- Listing updated: September 23, 2026 at 1:37 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2562279
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1917
HOA Fees
-
Finished Area
2,891 sqft
Lot Size
9,581 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2562279
MLS Status
Active
Days on Market
59
Cumulative Days on Market
59
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Heating
Ductless
Cooling
Ductless
Sewer
Sewer Connected
Flooring
Vinyl, Vinyl Plank
Exterior Features
Wood
Construction
Year Built
Year Built: 1917
Home type
Multi Family
Roof
Shake
Foundation Details
Poured Concrete
Property Condition
Good
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Paved
Subdivision Name
Mount Vernon
Price History
| Date | Event | Price |
|---|---|---|
08/03/2026 Source: | Listed for Sale | $1,199,000 +135.10% $415/sqft |
06/16/2021 Source: | Sold | $510,000 $176/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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