49 Willow Lane, Mount Vernon, WA 98273

Mount Vernon
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: corey crain
Office: keller williams realty bothell
MLS#:2577601
Source:NWMLS
49 Willow Lane,Mount Vernon, WA 98273
$375,000
  • - Beds
  • - Baths
  • 1,600 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$375,000
  • Price per sq. ft.:$234.38

About this home

Three units at $125,000 per door. Two 1BR/1BA and one 2BR/1BA, all single-level with private entries on a 7,405 SF lot, minutes from I-5 and downtown Mount Vernon. 100% occupied. The opportunity is the rent gap. In-place rents total $2,575/month. Comparable Mount Vernon one-bedrooms are currently leasing between $1,380 and $1,600. At conservative market rents this property produces $44,400 annually, roughly $13,500 above today, with no change to the building. Self-managed by the same ownership since 2017. Owner pays water, sewer, garbage and common electric; tenants pay in-unit power. Off-street parking, fenced rear yard, single-story construction with no shared stairwells or common corridors. Seller-operated NOI $14,464. Pro forma NOI $26,464.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Subdivision & Development:Mount Vernon
  • Listing ID #:2577601
  • Updated:September 05, 2026 at 12:20 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:1,600 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:1,600 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$234.38
  • Tax amount:$6,314 (2026)

Parking

  • Total parking spaces:6
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 5, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 49 Willow Lane