$ 945,000

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

Contact Agent Get in touch about 3601 31 Street, Vernon

Maria Besso
Maria Besso
RE/MAX Vernon

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