Property Details

531 N Barker
Mount Vernon, WA 98273
$459,000
MLS# 2539202 courtesy of NWMLS Listing firm: Windermere RE Whatcom, Inc.

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531 N Barker , Mount Vernon, WA 98273, Mount Vernon

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531 N Barker , Mount Vernon, WA 98273, Mount Vernon

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Multi-Family
Property Type
1,200
Bldg Sq Ft
2
Units
5.88%
Cap Rate
1939
Year Built

Property Overview

Charming Westside Mount Vernon 3-bedroom, 2-bath property tucked at the end of a quiet dead-end street, with expansive westerly views, beautiful sunsets over surrounding farm fields, and access from both N Barker St and N Wall St.Currently configured as an upstairs 2 bed/1 bath and downstairs 1 bed/1(.75) bath duplex with separately metered gas and electricity, this flexible property offers multiple ways to live or invest. With the swing of a door, it can function as a single-family home or continue offering multifamily flexibility. Ideal for house hacking, extended living, rental income potential, or enjoying the entire home yourself.Recent improvements include complete electrical rewiring with new electrical service entrances, new flooring throughout much of the home, a new upstairs kitchen and bathroom, new refrigerators, washer/dryer, interior and exterior paint, and more. Roof replaced in 2016.Enjoy a private, rural feel while still being close to town. Downtown Mount Vernon is just a 15-minute walk away, with groceries at the Co-op, restaurants, shops, and local amenities nearby. Even closer are public river and fishing access at Young’s Bar and 54-acre Edgewater Park, featuring an 18-hole disc golf course, playground, playfields, and concrete boat launch.A rare mix of flexibility, location, views, updates, and lifestyle. Come see it for yourself. Use the home’s alternate address, 524 N Wall St, for access.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Skagit
Neighborhood West Mount Vernon
Listed Jun 11, 2026
Structure Type Duplex
Parcel Number P26411

Tax & HOA

Annual Property Tax $4,531 (2026)
Est. Monthly Tax $378/mo

Financial Summary

Cap Rate 5.88%
Net Operating Income $26,643
Gross Scheduled Income $38,280
Gross Rent Multiplier 11.99
Total Expenses $9,723
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 1,200
Leasable Area 1,200 sqft
Total Units 2
Zoning Residential
Possible Use Residential
Lot Size 5,227 sqft
Year Built 1939

Exterior & Lot

Lot Size 0.12 sqft
Year Built 1939
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Dead End Street
Exterior Features Wood

Community & Access

Directions Follow GPS to 524 Wall St.

Location

City Mount Vernon
County Skagit
Coordinates 48.42536, -122.34593

Additional Information

Tax Year 2026
Annual Taxes $4,531
Possession Array
Listed By
Samuel Schell
Windermere RE Whatcom, Inc.

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