Multi-Family – Duplexes, triplexes, fourplexes and large apartment buildings for sale
View all the Skagit County Apartment Buildings For Sale. Compare prices, view property information, and find your next Multi-Family Building.
Buyers
One of the top choices today for investors today is apartment buildings. Josh and Jolene represent both buyers and sellers of apartment buildings ranging from the smaller duplexes to more significantly sized Apartment Buildings. Call for an update on the Multi-Family market.
Market Overview – Skagit Multifamily
From the Skagit County Commercial Market Report (Mid-Year 2025):
- Sales Volume: Multifamily remains the strongest asset class, dominating statewide with 50%+ of volume.
- Vacancy: Sub-2% across most cities, with Mount Vernon and Burlington showing the tightest absorption.
- Rents: Gradual increases across the board, strongest near I-5 corridors.
- Cap Rates: Competitive compared to Snohomish County, drawing outside investors.
Property Types in Skagit County
- Downtown Apartments – Core properties in Mount Vernon and Anacortes.
- Student/Workforce Housing – Driven by Skagit Valley College and local industries.
- Mixed-Use Multifamily – Apartments above retail in Sedro-Woolley and Burlington.
- Affordable/LIHTC – Long-term stable investments.
Selling
Considering selling your multi-family units? Contact Josh and Jolene for a Comparative Market Analysis of your apartment building.