321 N 4th Street #A-D, Mount Vernon, WA 98273

Mount Vernon, WA 98273 · Mount Vernon
— bd— ba2,891 sqft0.22 ac lotBuilt 1917Multi-family
$1,199,000 $415 / sqft · Cumulative Days Active: 41 Estimate your monthly payment ↓
Multi-family, Mount Vernon Listing by Windermere RE Whatcom, Inc. 1 / 19
Price / sqft$415
Lot0.22 acres
Year built1917
TypeMulti-family
HOANone
Cumulative Days Active41

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!

NWMLS logoListing courtesy of the Northwest Multiple Listing Service (NWMLS).

Listed Aug 3, 2026MLS# 2562279

Facts & features

2,891 sqftLiving area
$415Price / sqft
1917Year built
0.22 acLot
Interior
Living area2,891 sqft
FlooringVinyl, Vinyl Plank
Building
TypeMulti-family
Year built1917
RoofShake
FoundationPoured Concrete
Lot & exterior
Lot size0.22 acres (9,579 sqft)
ViewRiver, Territorial
WaterfrontNo
ZoningMulti-Family
Parking
Garage1-car
Utilities
HeatingElectric, Natural Gas
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2026)$6,635 / yr
Interior features
Exterior & lot
Wood

Monthly payment

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Payment estimate calculated by irenakolbert.com from the assumptions below — not part of the NWMLS listing data. A lender will confirm actual figures.

Loan term
Down payment$20%
Interest rate%
Est. total / month$6,72630-year fixed · 6.5%
P&I $6,063Taxes $553Insurance $110
Plus ~$35,970 closing costs (est. 3%), paid once at closing. Get pre-approval guidance →
Estimate only, using the down payment, interest rate, and loan term set above. The APR, which includes loan costs, may be higher than the rate. Includes estimated property tax (~0.95%), insurance (~$110/mo), and any HOA dues. Not an offer of credit — a lender will confirm actual terms.

Price history

DateEventPrice Aug 3, 2026Listed for sale $1,199,000

Tax history

YearAssessed valueProperty tax
Source: Skagit County Assessor. Assessed value is not a market value.

Schools

Mount Vernon School District
ElementaryBuyer To Verify
MiddleLa Venture Mid
HighMount Vernon High
School assignments come from the listing data provided by NWMLS. They're based on address and can change — verify with the district before relying on them.
⬤ Street view ↗
Downtown Bellingham35 min
WWU34 min
St. Joseph Hospital37 min
Peace Arch border62 min

Drive times are straight-line estimates calculated by irenakolbert.com — not part of the NWMLS listing data.

Median list price$630k243 active listings
Cumulative Days Active69median, active listings
List price per sqft$333this home: $415
Homes for sale243in Mount Vernon

Area figures compiled by irenakolbert.com from current active NWMLS listings — not part of this listing's data.

This home's list price per square foot is about 25% above the median of current Mount Vernon listings. Irena can pull recent closed sales on this street before you write an offer.

Listing details

StatusActive
MLS #2562279
ListedAug 3, 2026
List price$1,199,000
Cumulative Days Active41
Property typeMulti-family
Listing brokerageWindermere RE Whatcom, Inc.
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Windermere RE Whatcom, Inc.. Based on information submitted to the MLS GRID as of Oct 23, 2026, 12:49 PM (date and time MLS GRID Data was obtained). 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. Some IDX listings have been excluded from this website: listings located outside Whatcom and Skagit counties are not displayed.
$1,199,000Tour this home