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$800,000

  • Sold
  • Closed
  • Multi-Family

Listed and Sold by Ron L Wortham | Brown McMillen Real Estate | (360) 757-6013

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This is a unique opportunity to develop multi-unit housing right across from Skagit Valley College. The property currently has three houses that generate rental income, while you can plan the property's highest and best use. The city of Mt. Vernon encourages the development of multi-story units, retail spaces, and mixed-use buildings such as apartments. There is a sewer line located across the back third of the property.

Full Property Details for 2302 E College Way

General

  • Sold For: $800,000
  • Taxes: $12,903 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2227916
  • Added to Site: 633 day(s) ago

Interior

  • Flooring: Laminate, Vinyl

Additional Information

  • Amenities: Gas Available

Location

  • Area: 835 - Mount Vernon
  • County: Skagit
  • Subdivision: Mount Vernon
  • Building Name: MV-4-99 & MV-3-99
  • Driving Directions: East on College Way, Right past McDonalds. On the Right. 3 houses in a row.

School Information

  • High School District: Mount Vernon
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Year Built: 1956
  • Property Condition: Average

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 1.45
  • Lot Size (Sq. Ft.): 63,162
  • Lot Size Source: County
  • Lot Features: Paved
  • Zoning: Business, Multi-Family, Residential, See Remarks

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $12,903
  • Tax Year: 2024
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: P24953
  • Lot Number: 123

Listed and Sold by Ron L Wortham | Brown McMillen Real Estate | (360) 757-6013

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2302 E College Way

School District:Mount Vernon School District
NameGradesDistance
Mount Baker Middle School
2310 East Section Street, Mount Vernon, WA 98274
6-81.5 mi
Mount Vernon High School
1075 East Fulton Street, Mount Vernon, WA 98273
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2302 E College Way

Date
Details
Price
Change
Source
8/08/2025
Sold
$800,000
-8.57%
MLS
5/02/2025
Price Reduced
$875,000
-27.08%
MLS
7/16/2024
Price Reduced
$1,200,000
-17.24%
MLS
4/24/2024
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Ron L Wortham | Brown McMillen Real Estate | (360) 757-6013

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2302 E College Way, Mount Vernon, WA 98274 (MLS# 2227916) is a Multi-Family property that was sold at $800,000 on August 08, 2025. Want to learn more about 2302 E College Way? Do you have questions about finding other Multi-Family real estate for sale in Mount Vernon? You can browse all Mount Vernon real estate or contact a Coldwell Banker agent to request more information.