3316 E College Way, Mount Vernon, WA 98273

Mount Vernon, WA 98273 · Mount Vernon
8 bd3 ba3,396 sqft0.3 ac lotBuilt 1937Multi-family
$760,000 $224 / sqft · Cumulative Days Active: 22 Estimate your monthly payment ↓
Multi-family, Mount Vernon Listing by Best Choice Realty LLC 1 / 35
Price / sqft$224
Lot0.3 acres
Year built1937
TypeMulti-family
HOANone
Cumulative Days Active22

About this home

College Way Triplex! A great multifamily property with plenty to offer, conveniently located near Skagit Valley College. The property includes two 3-bedroom, 1-bathroom units in the main two-story building, along with a separate 2-bedroom, 1-bathroom home. Each unit has its own private entrance, giving residents added privacy and convenience. Many important updates have already been completed, including updated bathrooms throughout, newer flooring, fresh paint, and updated appliances. The separate home and one of the units also feature updated kitchens. The large lot provides plenty of space and adds to the overall appeal of the property. With multiple units, separate entrances, ample parking, and numerous updates already completed, this is a property with both flexibility and potential. Zoning allows for a 4th Unit. And there is room for it. A great opportunity for an investor or owner looking for a multifamily property in a convenient location.

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

Listed Sep 30, 2026MLS# 2579849

Facts & features

8Beds
3Baths
3,396 sqftLiving area
$224Price / sqft
1937Year built
0.3 acLot
Interior
Bedrooms8
Bathrooms3
Living area3,396 sqft
FlooringLaminate, Carpet
Building
TypeMulti-family
Year built1937
RoofComposition
FoundationPoured Concrete
Lot & exterior
Lot size0.3 acres (13,068 sqft)
ViewTerritorial
WaterfrontNo
ZoningMulti-Family
Utilities
HeatingElectric, Natural Gas
SewerSewer Connected
WaterPublic
HOA & taxes
HOA duesNone
Property tax (2026)$6,794 / yr
Interior features
Exterior & lot
Metal/Vinyl

Monthly payment

Full calculator →

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$4,51930-year fixed · 6.5%
P&I $3,843Taxes $566Insurance $110
Plus ~$22,800 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.

Schools

Mount Vernon School District
ElementaryBuyer To Verify
MiddleBuyer To Verify
HighBuyer To Verify
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.
Downtown Bellingham35 min
WWU34 min
St. Joseph Hospital36 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$640k244 active listings
Cumulative Days Active69median, active listings
List price per sqft$336this home: $224
Homes for sale244in 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 33% below 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 #2579849
ListedSep 30, 2026
List price$760,000
Cumulative Days Active22
Property typeMulti-family
Listing brokerageBest Choice Realty LLC
SourceNWMLS as distributed by MLS GRID
Listing courtesy of Best Choice Realty LLC. Based on information submitted to the MLS GRID as of Oct 23, 2026, 1:52 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.