3316 E College Way Mount Vernon, WA $ 785,000
3316 E College Way
$ 785,000
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3316 E College Way

Mount Vernon, WA, 98273
$ 785,000
Bedrooms8 Baths3.0 Sq 3,396

Monthly Estimate*

$ 4,957

Listed by Best Choice Realty LLC
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Multi-Family Home for sale in Mount Vernon, WA

for $785,000 with 8 bedrooms and 3 full baths. This 3,396 square foot home was built in 1937 on a lot size of 0.3.

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.

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Multi-Family Active

Price

$ 785,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,793

Style

Duplex

Lot Size

0.3

Year Built

1937

Town/City

Mount Vernon

County/Region

Skagit

MLS | Web ID

2579849

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1937
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Skagit
Net Operating Income 53228
Insurance Expense 1512.1
New Construction N
Property Type Residential Income
HOA N
Subdivision Name College
Possible Use Multi-Family
Special Listing Conditions None
Status First Look
Directions Take Exit 227 and head east. The property is 1/3 of a mile past Skagit Valley College on the right.
High School Buyer To Verify
City Mount Vernon
Senior Community Y/N N
High School District Mount Vernon
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 13068
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 6793.55
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks 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 bui
Leasable Area 3396
Structure Type Duplex
Building Area Units Square Feet
Standard Status Coming Soon
Water Company PUD
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 3726.22
Property Style 52 - Duplex
Cap Rate 6.78
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Exterior
Exterior Amenities Metal/Vinyl
Lot Features Paved Sidewalk
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 3396
Lot Size Acres 0.3
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Patio
Parking Uncovered Total 12
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2579849
Street Number 1 3316
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* Excluded Features
List By
Brent Wolters

Listing Agent

Best Choice Realty Llc

Broker

Affordability Calculator

$5,523
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,957
Monthly Property Taxes
$566
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3100151 Elementary School
3100090 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$785,000 Listed Price

Map


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3316 E College Way, Mount Vernon, WA, 98273 is a Multi-Family Home for sale at $785,000 with 3,396 sqft and a lot size of 0.3. 3316 E College Way has 8 bedrooms, 3.0 baths, and was built in 1937. The property's zip code is 98273 which is in Mount Vernon, WA