930 S 22nd Court, Mount Vernon, WA 98274

$595,000
1,832
SqFt

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Listing courtesy of RE/MAX Elite.

List Price
$595,000
Status
ACTIVE
MLS#
2566629
Days on Market
0
Style
52 - Duplex
Finished SqFt
1,832
Area Total SqFt
1832
Annual Tax Ammount
6034.93
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Add a fully occupied Mount Vernon duplex to your investment portfolio with this well-established rental property in a quiet residential setting. Offering approximately 1,832 sq ft, the duplex features two 2-bedroom, 1-bath units with practical layouts that have supported long-term rental use. The property has been professionally managed for many years and is being offered with tenants already in place, creating an attractive opportunity for an investor seeking an income-producing property from day one. Tucked into a dead-end neighborhood yet conveniently located near downtown Mount Vernon, residents enjoy easy access to shopping, restaurants, employment, recreation, and transportation. A solid opportunity to own a multifamily property in an established Mount Vernon location with continued rental potential.

Additional Information

List Date
2026-08-13 19:37:12
Community
Mount Vernon
Net Operating Income
$38,765
Gross Adjusted Income
$49,800
Gross Scheduled Income
$49,800
Total Monthly Income
$4,150
Insurance Expenses
$1,400
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
11.94
Total Expenses
$11,034
Cap Rate
6.5
Total Number of Units
2
Unit Name
930
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1992
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Mount Vernon
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,150
Gross Scheduled Income
$49,800
Gross Adjusted Income
$49,800
Tax Year
2026
Insurance Expense
$1,400
W/S/G Expenses
$3,600
Total Expenses
$11,034
Net Operating Income
$38,765
Gross Rent Multiplier
11.94
Cap Rate
6.5
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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