Property Details

811 & 813 E Fairhaven Avenue
Burlington, WA 98233
$524,950
MLS# 2502046 courtesy of NWMLS Listing firm: COMPASS

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811 & 813 E Fairhaven Avenue , Burlington, WA 98233, Burlington

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811 & 813 E Fairhaven Avenue , Burlington, WA 98233, Burlington

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Multi-Family
Property Type
2
Units
6.15%
Cap Rate
1915
Year Built

Property Overview

Incredible opportunity to own 2 homes on one lot- zoned COMMERCIAL. Be a part of this thriving and growing community. Both homes are well maintained and updated. New siding (partial) in 2020 and new exterior paint. Low maintenance private fully fenced yard, front and back .Great walkability to all that the town of Burlington has to offer with this great location in the heart of town. Perfect for investor or first time homeowner. Easy to rent and interiors are in great shape. Includes storage building. Charming interior and open floor plans. Perfect for investor to live in one and rent the other while building portfolio. Or rebuild as mixed use! One side is lower rent/ family member. one lease, one MTM.SELLER FINANCING!This one won't last!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Skagit
Neighborhood Burlington
Listed Apr 2, 2026
Original Price $549,950
Structure Type Duplex
Parcel Number P71540

Tax & HOA

Annual Property Tax $3,514 (2025)
Est. Monthly Tax $293/mo

Financial Summary

Cap Rate 6.15%
Net Operating Income $33,851
Gross Scheduled Income $42,000
Gross Rent Multiplier 15.27
Total Expenses $8,149
Vacancy Rate 1.0%

Building & Use

Leasable Area 1,116 sqft
Total Units 2
Year Built 1915

Exterior & Lot

Lot Size 0.12 sqft
Year Built 1915
Exterior Materials Metal/Vinyl
Sewer Sewer Connected
Exterior Features Metal/Vinyl

Community & Access

Directions From I-5 exit 230, go east on HWY 20 to E. Fairhaven Ave. go east to homes on the left.

Location

City Burlington
County Skagit
Coordinates 48.47565, -122.32434

Additional Information

Tax Year 2025
Annual Taxes $3,514
Possession Array
Listed By
Lisa Shilling
COMPASS

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