Property Details
930 S 22nd Court
Mount Vernon, WA 98274
$595,000
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Property Overview
Add a fully occupied Mount Vernon duplex to your investment portfolio with this well-established rental property in a quiet residential setting. Offering approximately 1,832 sq ft, the duplex features two 2-bedroom, 1-bath units with practical layouts that have supported long-term rental use. The property has been professionally managed for many years and is being offered with tenants already in place, creating an attractive opportunity for an investor seeking an income-producing property from day one. Tucked into a dead-end neighborhood yet conveniently located near downtown Mount Vernon, residents enjoy easy access to shopping, restaurants, employment, recreation, and transportation. A solid opportunity to own a multifamily property in an established Mount Vernon location with continued rental potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Skagit
Neighborhood
Mount Vernon
Listed
Aug 13, 2026
Structure Type
Duplex
Parcel Number
P90486
Tax & HOA
Annual Property Tax
$6,035 (2026)
Est. Monthly Tax
$503/mo
Financial Summary
Cap Rate
6.50%
Net Operating Income
$38,765
Gross Scheduled Income
$49,800
Gross Rent Multiplier
11.94
Total Expenses
$11,035
Building & Use
Building Sq Ft
1,832
Leasable Area
1,832 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
9,148 sqft
Year Built
1992
Exterior & Lot
Lot Size
0.21 sqft
Year Built
1992
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac
Exterior Features
Wood Products
Community & Access
Directions
From E Division St.; Right on La Venture Road; Left onto 22nd Court, duplex is first on the Rigth
Location
City
Mount Vernon
County
Skagit
Coordinates
48.41447, -122.31296
Additional Information
Tax Year
2026
Annual Taxes
$6,035
Possession
Array
Based on information submitted to the MLS GRID as of August 13, 2026 1:45 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.
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. Copyright 2026 NWMLS. All rights reserved.
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. Copyright 2026 NWMLS. All rights reserved.
