Well maintained 7-unit apartment building walking distance to downtown Mount Vernon. The property sits prominently on the high part of the street with very nice curb appeal. The building holds three studios and four 1-bed/1-baths with a unique mix of layouts. Four units feature large private balconies which mostly overlook downtown and the Skagit river. Fully occupied by tenants who enjoy the Victorian stye architecture, off-street parking, alley access, and location on the main bus line. Building systems are a mix of old, updated, and new with most of the systems having been upgraded over time. A great income producing property for first time investors or an easy addition to any portfolio!
Sold
Listed by: Muljat Group
Bought with: Fairhaven Realty br of Lakeway
$875,000
405 N 4th Street, Mount Vernon, WA 98273
--beds
--baths
3,784sqft
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$231/sqft
$2,734 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,734/mo
Zestimate® history
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List your homeWhat's special
Alley accessLarge private balconiesVictorian stye architecture
Zillow last checked:
Listing updated:
Listed by:
Troy C. Muljat,
Muljat Group
Bought with:
David Moody, 29923
Fairhaven Realty br of Lakeway
Source: NWMLS as distributed by MLS GRID,MLS#: 2173191
Facts & features
Interior
Heating
- Baseboard, Electric, Natural Gas
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,784
- Total interior livable area: 3,784 sqft
Property
Parking
- Total spaces: 7
- Parking features: Open
- Uncovered spaces: 7
Features
- Has view: Yes
- View description: City, Partial, River
- Has water view: Yes
- Water view: River
Lot
- Size: 6,969 sqft
- Features: Corner Lot, Paved, Sidewalk
Details
- Parcel number: P26599
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1914
- Major remodel year: 1914
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Mount Vernon
- Subdivision: Mount Vernon
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 836 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2023 | Sold | $875,000-12.1%$231/sqft |
Source:  NWMLS as distributed by MLS GRID #2173191 Report a problem | ||
| 10/30/2023 | Pending sale | $995,000$263/sqft |
Source: NWMLS as distributed by MLS GRID #2173191 Report a problem | ||
| 10/20/2023 | Listed for sale | $995,000+50.8%$263/sqft |
Source: NWMLS as distributed by MLS GRID #2173191 Report a problem | ||
| 6/10/2019 | Sold | $660,000+1.5%$174/sqft |
Source: NWMLS as distributed by MLS GRID #1460254 Report a problem | ||
| 5/27/2019 | Pending sale | $650,000$172/sqft |
Source: RE/MAX Valley Homes #1460254 Report a problem | ||
| 5/21/2019 | Listed for sale | $650,000+49.4%$172/sqft |
Source: RE/MAX Valley Homes #1460254 Report a problem | ||
| 11/4/2008 | Sold | $435,000+33.8%$115/sqft |
Source: NWMLS as distributed by MLS GRID #28111083 Report a problem | ||
| 6/7/2005 | Sold | $325,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,125 +3.5% | $767,700 |
| 2023 | $7,848 +2.7% | $767,700 +4% |
| 2022 | $7,644 | $738,100 |
| 2021 | -- | $738,100 +14.8% |
| 2020 | $7,292 +42.8% | $642,700 +14.3% |
| 2019 | $5,107 -21.3% | $562,400 +26.1% |
| 2018 | $6,486 +12.3% | $446,000 +2.3% |
| 2017 | $5,777 -1% | $436,000 +11.3% |
| 2016 | $5,833 +19.5% | $391,700 |
| 2015 | $4,879 +0.5% | $391,700 +24.1% |
| 2013 | $4,855 | $315,700 |
| 2012 | $4,855 -0.4% | $315,700 -5.2% |
| 2011 | $4,873 | $333,000 -11.5% |
| 2010 | $4,873 +37.6% | $376,300 +20.4% |
| 2009 | $3,541 +4.9% | $312,600 |
| 2008 | $3,375 | $312,600 |
| 2007 | $3,375 +2% | $312,600 +29% |
| 2003 | $3,309 -1.1% | $242,300 |
| 2002 | $3,345 +2.3% | $242,300 |
| 2001 | $3,268 +22.8% | $242,300 +33.2% |
| 2000 | $2,662 | $181,900 |
Find assessor info on the county website
Neighborhood: 98273
Nearby schools
GreatSchools rating
- 3/10Washington Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10La Venture Middle SchoolGrades: 6-8Distance: 1.2 mi
- 5/10Mount Vernon High SchoolGrades: 9-12Distance: 0.4 mi
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- Washington
- Skagit County
- Mount Vernon
- 98273
- 405 N 4th Street
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