903 S 22nd Court, Mount Vernon, WA 98274
- $605,000
- 2,322
- SqFt
Listing courtesy of RE/MAX Elite.
- List Price
- $605,000
- Status
- ACTIVE
- MLS#
- 2566652
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 2,322
- Lot Size (sq ft)
- 9,148
Property Description
Opportunity awaits with this fully rented Mount Vernon duplex offering an established income stream in a convenient, tucked-away setting. With approximately 2,322 sq ft, each unit features 2 bedrooms and 2 bathrooms, providing a desirable layout for tenants and flexibility for investors. Professionally managed for many years, this property offers the advantage of an established rental history and tenants already in place. Located on a quiet dead-end street while still just minutes from the heart of Mount Vernon, shopping, dining, services, and major commuter routes are all within easy reach. Whether you are expanding an existing portfolio or looking to add a multifamily property with income already in place, this duplex combines location, functionality, and long-term investment 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
- $4,225
- Gross Scheduled Income
- $50,700
- Gross Adjusted Income
- $50,700
- Tax Year
- 2026
- Insurance Expense
- $1,400
- W/S/G Expenses
- $3,600
- Total Expenses
- $11,693
- Net Operating Income
- $39,006
- Gross Rent Multiplier
- 11.93
- Cap Rate
- 6.4
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.