$700,000

8 Beds 6 Baths 2,880 SQFT 0.20 Acres
Type: Multi-Family

513 4th Street
Sultan, WA 98294

MLS#: 2589782
Presented by: KW Everett and NWMLS

Property Description

 

Built in 2020, this low-maintenance duplex offers a rare opportunity for both owner-occupants and investors. Live in one side while rental income from the other helps offset your monthly payment, or add a newer income-producing property to your portfolio without the maintenance concerns that often come with older multifamily properties. Each spacious unit features 3 bedrooms, 2.5 bathrooms, plus a main-floor office that provides flexibility for working from home office space or 4th bedroom option. Modern interiors include durable LVP flooring, stainless steel appliances, gas forced-air heat and tankless water heaters. Hardie siding, private yard spaces and ample parking add to the property's long-term functionality and tenant appeal. Conveniently located near schools and within walking distance of downtown Sultan, with easy access to everyday amenities and recreation. Whether you're looking for a house hack, multigenerational setup or long-term rental investment, this newer duplex offers flexibility, income potential and an opportunity to build equity in one of Snohomish County's growing communities.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

AppliancesTankless Water Heater
Building Area Units0 sqft
Cap Rate5.6
Carport Spaces0
Carport Y/NNo
CitySultan
CoolingNone
CountySnohomish
DirectionsFrom SR 2, go North on 4th St (second left after crossing bridge) then go past Date Street and property is on the left.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air
High SchoolBuyer To Verify
High School DistrictSultan
Insurance Expense2180
Leasable Area2,880 sqft
Listing TermsCash, Conventional, FHA, State Bond, USDA Loan, VA Loan
Living Area0 sqft
Lot Size Square Feet8,712 sqft
Lot Size UnitsSquare Feet
MLS Area750 - East Snohomish County
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income39171
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksBuilt in 2020, this low-maintenance duplex offers a rare opportunity for both owner-occupants and investors. Live in one side while rental income from the other helps offset your monthly payment, or ad
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSultan Town
Tax Annual Amount$5,929
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewMountains, Territorial
Water CompanyCity of Sultan
Water Sewer Garbage4320
Year Built2020

Exterior

Building Area Total2,880 sqft
Covered Spaces0
Exterior AmenitiesCement/Concrete
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.2
Parking Uncovered Total4
Site FeaturesFenced-Partially, Gas Available, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$700,000

8 Beds 6 Baths 2,880 SQFT 0.20 Acres
Type: Multi-Family

513 4th Street
Sultan, WA 98294

MLS#: 2589782