3601 31 Street, Vernon
Great investment opportunity in Downtown Vernon! Central location right near Civic Memorial Park, and the Vernon Tourism Office. A nicely renovated 6-Plex which includes 5 x 1 Bedroom Suites, as well as 1 Bachelor suite. Fully rented with great tenants, ( 2026 projected rental Income ) $6,164 total per month ($73,968 per year) , of rental income. Easy to manage building, with the location & affordability, the suites rent quickly when available. Coin Operated Laundry Room. Many upgrades include paint, flooring, and 2 fireplaces. Zoning CMUB ( Commercial Mixed Use Buisness) allows for many uses see supplements for list of permitted uses. (id:1945)
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Property details for 3601 31 Street, Vernon
- Type
- Multi-family
- Living Area
- 2,500 square feet
- Lot Size
- 0.15
- Stories
- 2
- Parking
- Offset, Rear
- Heating
- Forced air, See remarks
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $5,260
Nearby Listings Stat
Estimated price and comparable properties near 3601 31 Street
Active Listings
283
Min Price
$1,000
Max Price
$9,630,000
Avg Price
$848,277
Days on Market
128
days
Sold Listings
74
Min Sold Price
$229,000
Max Sold Price
$2,699,000
Avg Sold Price
$721,553
Days until Sold
103
days
Neighbourhood Census Data
Vernon, British Columbia / Colombie-Britannique
Population
423
Median Age
35.3
Median Income
$20,768
Dwelling Value
$129,831
Housing Tenure
Owners 30%
Renters 68%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 2,306.4/km²
Avg Shelter Cost: $818/mo
Owners with Mortgage: 73.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 59.4%
English only: 91.8%
French only: 1.2%
English and French: 5.9%
Neither: 1.2%
Median Household Income: $37,024
Median Employment Income: $22,891
Price History
Listed
August 5, 2026
by RE/MAX Vernon
Current Price
$945,000
-5.5% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $945,000 | $54,900 (-5.5%) |
| Sep 11, 2026 | $999,900 | Listed |