2008 E College Way Mount Vernon, WA 98273
Estimated payment $6,363/month
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
About This Home
INVESTMENT ALERT! Prime Development Opportunity on East College Way with two homes producing a combined rental income of $3200 per month plus land for future development potential. This unique offering comprises two individual parcels: Parcel 1 (P25686): This commercially zoned parcel currently features two existing homes, presenting immediate rental income. Parcel 2 (P26010): This adjacent parcel offers a blank canvas of vacant, unimproved land, ready for your vision to take shape. The combined 2.42 acres provide ample space for a significant project, benefiting from excellent exposure! Buyer to verify all information and development potential to own satisfaction.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2388370
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,315
Year Built
- Built in 1900
Lot Details
- 2.41 Acre Lot
- P26010
Parking
- 2 Covered Spaces
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 1,196 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Vinyl Plank
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Mount Vernon Subdivision
Listing and Financial Details
- Assessor Parcel Number P25686
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,612 | $309,800 | $299,800 | $10,000 |
| 2023 | $2,612 | $255,200 | $245,200 | $10,000 |
| 2022 | $3,477 | $282,600 | $272,600 | $10,000 |
| 2021 | $3,632 | $296,200 | $286,200 | $10,000 |
| 2020 | $3,735 | $287,900 | $0 | $0 |
| 2019 | $3,319 | $287,900 | $0 | $0 |
| 2018 | $3,594 | $289,900 | $0 | $0 |
| 2017 | $3,563 | $241,600 | $0 | $0 |
| 2016 | $3,598 | $241,600 | $231,600 | $10,000 |
| 2015 | $3,202 | $241,600 | $231,600 | $10,000 |
| 2013 | $1,487 | $207,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | For Sale | $1,100,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2388370
APN: P25686
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Based on information submitted to the MLS GRID
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