$1,199,000
321 4th Street #A-D
Mount Vernon, WA 98273
Beds
—
Baths
—
Sq Ft
—
Lot
0.22 ac
Year built
1917
Type
Residential Income
Days listed
51
MLS #
2562279
About this home
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!
Exterior features
Schools
Elementary
Buyer To Verify
Middle
La Venture Mid
High
Mount Vernon High
Property details
- Heating
- Ductless
- Cooling
- Ductless
- Flooring
- Vinyl, Vinyl Plank
- View
- River, Territorial
- Lot
- Paved
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $6,635 (2026)
Estimate your monthly payment
$6,616/mo
- Principal & interest
- $6,063
- Property taxes
- $553
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Mount Vernon, WA 98273
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Windermere RE Whatcom, Inc.— Wynden Holman.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
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