107 N 7th Street Mount Vernon, WA $ 800,000
107 N 7th Street
$ 800,000
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107 N 7th Street

Mount Vernon, WA, 98273
$ 800,000
Baths0.0 Sq 2,656

Monthly Estimate*

$ 4,991

Listed by RE/MAX Whatcom County, Inc.
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Studio

Multi-Family Home for sale in Mount Vernon, WA

for $800,000. This 2,656 square foot home was built in 1900 on a lot size of 0.2.

Here is your chance to own a 7 unit building in a quiet residential neighborhood. Whether you’re an experienced investor aiming to diversify or newcomer seeking reliable entry into the market, this 7-plex combines stability with growth potential. Located east of the city, out of the flood plain, near plenty of employers/commerce including the local hospital, community college and tons of shopping and eateries. Some units have been remodeled/updated with vinyl windows, paint, lighting, and new flooring/carpet. Coin op laundry in basement and plenty of off-street parking. Bus stop 1 block away. All units are currently leased providing immediate rental income and a strong addition to any investment portfolio.

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Multi-Family Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,613

Style

5-9 Units

Lot Size

0.2

Year Built

1900

Town/City

Mount Vernon

County/Region

Skagit

MLS | Web ID

2441897

Features
General
Living Area 0
Sewer Sewer Connected
Heating Fireplace Insert
Cooling None
Possession Closing
Roof Composition See Remarks
HOA Fee 0
Year Built 1900
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Skagit
Net Operating Income 56787
Insurance Expense 4400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Mount Vernon
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Follow I-5 N Take exit 226 Kincaid St/WA-536 W right onto Broad St Turn left onto S 10th St Turn left onto E Division St Turn right onto N 7th St Destination will be on the left.
City Mount Vernon
Senior Community Y/N N
High School District Mount Vernon
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 7
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 8712
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 6613
Electric Expense 6400
Fuel Expense 0
Public Remarks Here is your chance to own a 7 unit building in a quiet residential neighborhood. Whether youre an experienced investor aiming to diversify or newcomer seeking reliable entry into the market this 7-p
Leasable Area 2656
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Skagit PUD
Units Below Grade true
Units In Building Total 7
Water Sewer Garbage 4800
Property Style 55 - 5-9 Units
Cap Rate 7
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Exterior
Exterior Amenities See Remarks Wood
Lot Features Paved
Water Source Community
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2656
Lot Size Acres 0.2
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2441897
Street Number 1 107
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* Excluded Features
List By
Chris Edwards

Listing Agent

Re/Max Whatcom County, Inc.

Broker

Affordability Calculator

$5,542
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,991
Monthly Property Taxes
$551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257456 Elementary School
258767 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$800,000 Listed Price

Map


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107 N 7th Street, Mount Vernon, WA, 98273 is a Multi-Family Home for sale at $800,000 with 2,656 sqft and a lot size of 0.2. 107 N 7th Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 98273 which is in Mount Vernon, WA