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  • Listed by: 

    Marius ion,

    COMPASS,

    Duy D Hoang,

    COMPASS

    $550,000

    402 1st Street, Sultan, WA 98294

    4beds
    2baths
    1,620sqft
    : 
    Duplex
    Built in 1979
    -- sqft lot
    $543,300 Zestimate®
    $340/sqft
    $-- HOA

    What's special

    Off-street parkingSeparate entrances for privacyFunctional layout
    Investor opportunity in growing Sultan! This fully leased duplex features two spacious 2 bed, 1 bath units with solid tenants and strong rental history. Current rents are below market, offering immediate upside potential with room to increase cash flow. Ideally located just minutes from Hwy 2 for an easy commute and close to local shops, dining, and everyday conveniences. Each unit offers a functional layout, off-street parking, and separate entrances for privacy. Whether you're expanding your portfolio or looking for a stable, income-producing asset with long-term upside, this is a smart addition. Don’t miss out on this value-add duplex in a rapidly developing area.
    1 day
    on Zillow
    |
    135
    |
    1
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    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 08:58am

    Listed by:

    Marius ion,

    COMPASS,

    Duy D Hoang,

    COMPASS

    Source: NWMLS,MLS#: 2364807MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 402 1st Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: Engineered Hardwood, Vinyl, Carpet, Wall to Wall Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,620
    • Total interior livable area: 1,620 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Uncovered spaces: 4
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 76 x 70
    • Features: Corner Lot, Curbs, Paved, Sidewalk
    Details
    • Parcel number: 00586300100100
    • Zoning description: Multi-Family,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 1979

    Utilities & green energy

    • Electric: Company: Snohomish County PUD
    • Sewer: Sewer Connected
    • Water: Public, Company: City of Sultan

    Community & HOA

    Community
    • Subdivision: Baring
    Location
    • Region: Sultan

    Financial & listing details

    • Price per square foot: $340/sqft
    • Tax assessed value: $351,400
    • Annual tax amount: $3,113
    • Date on market: 4/23/2025
    • Listing terms: Cash Out,Conventional,FHA,USDA Loan,VA Loan
    • Cumulative days on market: 3 days
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