314 East Section Street Mount Vernon, WA 98273

$179,995
2
Beds
1
Baths
0.07
Acres
768
SQFT
234
$/SQFT
$179,995
2
Beds
1
Baths
768   sf
$234 / sf
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active
1/20
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Prime Development Opportunity! This property comes w/approved SFR plans, completed permitting, demolition permit, & proposed duplex permit—offering flexibility for multiple development paths & saving valuable time & upfront costs. The existing structure has been yellow tagged, it is not currently habitable & must be brought up to current building codes if retained—making this a perfect candidate for redevelopment. Located in both a flood zone & federally designated Opportunity Zone, this is a 1031 investor's dream, with potential tax benefits & long-term upside. Whether you're an investor looking to build for rental income, a builder, or homeowner ready to bring your vision to life, this nearly shovel-ready lot is primed for success.

Prime Development Opportunity! This property comes w/approved SFR plans, completed permitting, demolition permit, & proposed duplex permit—offering flexibility for multiple development paths & saving valuable time & upfront costs. The existing structure has been yellow tagged, it is not currently habitable & must be brought up to current building codes if retained—making this a perfect candidate for redevelopment. Located in both a flood zone & federally designated Opportunity Zone, this is a 1031 investor's dream, with potential tax benefits & long-term upside. Whether you're an investor looking to build for rental income, a builder, or homeowner ready to bring your vision to life, this nearly shovel-ready lot is primed for success.

Listed by:
KW North Sound

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-06-29 12:22:10. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
  • Parking Off-Street

Interior Features

  • Master Downstairs

Property History

DateDays AgoEventNew Price
Jun 25, 20254 days agoPrice decreased19,005 (10%)$179,995
May 1, 20252 mos agoNew on market$199,000
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