Listing provided courtesy of RE/MAX Whatcom County, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2543565MLS Provider

11087 N Skagit Street #A & BBurlington, WA 98233

Multi-Family · 4 Beds · 1,920 Sq. ft. | 0.36 Acres
$605,000 Active

11087 N Skagit Street #A & B Overview

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Excellent opportunity for investors and owner-occupants alike! This well-maintained duplex offers two 2-bedroom, 1-bath units with a total of 1,920 square feet and strong rental history. Current rents total $4,000/month, providing immediate income potential, while the layout and financing options make it equally appealing for those looking to live in one unit and offset their mortgage with rental income from the other. Situated on a generous lot in a convenient Burlington location, each unit enjoys its own fully fenced backyard, creating privacy and outdoor space rarely found in multifamily properties. Recent improvements include a new roof and updated flooring. One unit has been tastefully updated and shows beautifully, while the second offers an opportunity to add value over time. Both units feature functional floor plans with spacious living areas, two bedrooms, full bathrooms, and ample parking. Whether you’re looking to expand your investment portfolio, begin your real estate investment journey, or take advantage of a house-hacking opportunity, this property offers flexibility, upside potential, and a desirable location close to schools, shopping, dining, and easy I-5 access. Potential to put an RV on the lot for additional rental income. Buyer to verify. A rare chance to own an income-producing property with long-term potential in the heart of Skagit County.

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11087 N Skagit Street #A & B Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,920
  • Price/Sq.ft. $315
  • Lot 0.36 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Burlington

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 48000
  • Insurance Expense: 1500
  • Net Operating Income: 37081
  • Total Expenses: 8518.46
  • Total Monthly Income: 4000
  • Water/Sewer/Garbage: 1800

Building Information

  • New Construction: No
  • Year Built: 1979

Location/Region

  • Country: US
  • County Or Parish: Skagit
  • MLS Area Major: 825 - Burlington
  • Subdivision Name: Burlington

Tax Information

  • Tax Annual Amount: $5,218.46
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
  • Parcel Number: P80557
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Possible: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 1920
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1920
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 1920
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 1

Unit Information

  • Unit Number: A & B

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 2
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • Lot Size Acres: 0.36
  • Lot Size Square Feet: 15682
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 1 Details

  • Actual Rent: 2000
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2000
  • Beds Total: 2
  • Baths Total: 1

11087 N Skagit Street #A & B Neighborhood

Community

98233 (BURLINGTON) Demographics

40
Median Age
478
Population Density (per sq. mile)
34%
College Educated
$65,336
Estimated Median Income
4,056
Estimated Total Home Owners
2,228
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

11087 N Skagit Street #A & B Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11087 N Skagit Street #A & B Market Data

Based on the last 30 days in this zip code

$572,303
Average List Price
$349
Average Price per Square Foot
19
Properties Sold
70
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

11087 N Skagit Street #A & B History

Date Event Value Agent
6/23/2026Source: NWMLS Added to Database
June 23, 2026