520 N 1st St

Mount Vernon, WA 98273

$925,000
Price
8
Beds
6
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Listing provided courtesy of NextHome Preview Properties
Source: Northwest MLS

Description

Six-unit apartment building located in the central core of Mount Vernon, Washington. This multi-family investment property experiences low tenant turnover due to its proximity and super affordable units. There are four 1-bedroom/1-bath units and two 2-bedroom/1-bathroom units with 100% occupancy. The property has dedicated parking in the rear of the building as well as off-street parking.Six-unit apartment building located in the central core of Mount Vernon, Washington. This multi-family investment property experiences low tenant turnover due to its proximity and super affordable units. There are four 1-bedroom/1-bath units and two 2-bedroom/1-bathroom units with 100% occupancy. The property has dedicated parking in the rear of the building as well as off-street parking.
  1. Listed by Eric Olson • NextHome Preview Properties
    P: (360)-848-8900 ericolsonpreview@gmail.com
  2. Listed by Becki Olson • NextHome Preview Properties
    P: (360)-848-8900 beckiolsonpreview@gmail.com

Property Details for 520 North 1st Street

Community Name
Mount Vernon
School District
Mount Vernon
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
03-03-2026
Energy Source
Electric,Natural Gas
Sewer
Available
LISTING UPDATED: 05/18/2026 06:13 PM

Property Details for 520 North 1st Street

StatusActive
MLS #2486089
Days on Market85
Cumulative Days on Market85
Taxes$9,496 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.21 AC / 9,147 SF
CountySkagit County
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Location

Listing Courtesy of NextHome Preview Properties
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Building Information for 520 North 1st Street

Stories2Residences6Year Built1921Building Size-Lot Size0.21 AC / 9,147 SF

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$5,401 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,609

Property Taxes

$791

HOA Dues

$0

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Property Information for 520 North 1st Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Partially
  • Area: 835 - Mount Vernon
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Mount Vernon High
  • Effective Year Built Source: Public Records
  • Directions: Exit 226; West, then right on 2nd Street, Continue to High Street, then left (west), then right on 1st Street, to property on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Radiant
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 7229
  • Power Company: PSE
  • Sewer Company: City of Mount Vernon
  • Water Company: PUD
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1921
  • Photos Count: 15
Lot Information
  • Lot Size Source: County
  • Parcel Number Free Text: P26525
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 12
  • Number of Stories in Building: 2
  • Vacancy Rate: 100
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 19324.59
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $85,500
  • Insurance Expense: $2,600
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 7125
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $900.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1A
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $1,200.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Rent Unit 3: $1,200.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 3
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Rent Unit 4: $1,250.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Rent Unit 5: $1,350.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Rent Unit 6: $1,225.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3360.0

Property History for 520 North 1st Street

DateEvent & SourcePriceAppreciation
May 18, 2026

Price Change

NWMLS #2486089

$925,000—
Apr 15, 2026

Price Change

NWMLS #2486089

$949,999—
Mar 3, 2026

Listed (Active)

NWMLS #2486089

$999,999—
DateEvent & SourcePrice
05/18/2026

Price Change

NWMLS #2486089

$925,000
04/15/2026

Price Change

NWMLS #2486089

$949,999
03/03/2026

Listed (Active)

NWMLS #2486089

$999,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 520 North 1st Street

Taxable ValueLand$408,000Additions$442,700Total$850,700
Tax Record2026$9,496 ($791 / month)
Home Facts
Beds0Total Finished SqFt3,360 SqFtAbove Ground SqFt3,360 SqFtLot Size9,148 SqFtStyleSingle Family ResidenceYear Built1921Year Renovated1982CountySKAGITAPN340419-0-178-0001

Schools near 520 North 1st Street

This home is within Mount Vernon School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 5
La Venture Middle School
Public - 6 to 8
Mount Vernon High School
Public - 9 to 12
Mount Vernon Special Ed
Public - PK to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

La Venture Middle School
Public6 to 8

Mount Vernon High School
Public9 to 12

Mount Vernon Special Ed
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 520 North 1st Street, Mount Vernon, WA 98273

520 North 1st Street is a multi-family home for sale in Mount Vernon, WA 98273. This property was listed for sale on March 3, 2026 by NextHome Preview Properties, it's currently listed at $925,000. It has been on the market for a total of 85 days and was last sold on January 22, 2021. This listing's school district is Mount Vernon School District. Nearby schools include Washington Elementary School, La Venture Middle School and Mount Vernon High School. 520 North 1st Street is a 8-bed, 6-bath, multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Preview Properties

Based on information submitted to the MLS GRID as of 05/18/2026 06:13 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.