930 S 22nd Court, Mount Vernon, WA 98274
- $595,000
- 1,832
- SqFt
Listing courtesy of RE/MAX Elite.
- List Price
- $595,000
- Status
- ACTIVE
- MLS#
- 2566629
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 1,832
- Lot Size (sq ft)
- 9,148
Property Description
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.
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Additional Information
- List Date
- 2026-08-13 19:37:12
- Community
- Mount Vernon
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1992
- Roof
- Composition
- Site Features
- Fenced-Fully
- School District
- Mount Vernon
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,150
- Gross Scheduled Income
- $49,800
- Gross Adjusted Income
- $49,800
- Tax Year
- 2026
- Insurance Expense
- $1,400
- W/S/G Expenses
- $3,600
- Total Expenses
- $11,034
- Net Operating Income
- $38,765
- Gross Rent Multiplier
- 11.94
- Cap Rate
- 6.5
Mortgage Calculator
Based on information submitted to the MLS GRID as of . 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.