All homes

$1,199,000

321 4th Street #A-D

Mount Vernon, WA 98273

Active
River viewTerritorial view

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

Wood

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
Loan amount $959,200

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.

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