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$375,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 hour ago

Listed by Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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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.

Full Property Details for 49 Willow Ln

General

  • Price: $375,000
  • Taxes: $6,314 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2577601
  • Updated: 9/4/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Parking

  • Uncovered Spaces: 6

Location

  • Area: 825 - Burlington
  • County: Skagit
  • Subdivision: Mount Vernon
  • Driving Directions: Use Navigation

School Information

  • High School District: Mount Vernon

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,600
  • Year Built: 1950
  • Property Condition: Good

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Realist
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,314
  • Tax Year: 2026
  • Terms: Cash, Conventional, Farm Home Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: p26158

Listed by Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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Schools serving 49 Willow Ln

School District:Mount Vernon School District
NameGradesDistance
Washington Elementary School, Mount Vernon, WA
1020 McLean Road, Mount Vernon, WA 98273
K-51 mi
La Venture Middle School
1200 North Laventure Road, Mount Vernon, WA 98273
6-81.2 mi
Mount Vernon High School
1075 East Fulton Street, Mount Vernon, WA 98273
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 49 Willow Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$375,000
37.61%
MLS
6/14/2017
Sold
$272,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 49 Willow Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,314
15%
$511,600
11%
2025
$5,475
9%
$461,400
7%
2024
$5,004
19%
$433,200
33%
2021
$4,196
—
$326,100
10%
2021
$4,196
8%
$295,400
11%
2020
$3,876
16%
$265,300
4%
2019
$3,351
-11%
$255,600
13%
2018
$3,777
27%
$226,400
26%
2017
$2,980
-1%
$179,600
—
2016
$3,007
-9%
$179,600
-5%
2015
$3,301
16%
$188,400
14%
2014
$2,850
—
$164,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Corey Crain | Keller Williams Realty Bothell | (425) 482-6100

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49 Willow Lane, Mount Vernon, WA 98273 (MLS# 2577601) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 49 Willow Lane is currently listed for $375,000 and was received on September 04, 2026. Want to learn more about 49 Willow Lane? 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.

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