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.
Active
Listed by:
Marius ion,
COMPASS,
Duy D Hoang,
COMPASS
$499,998
402 1st Street, Sultan, WA 98294
4beds
2baths
1,620sqft
Est.:
Duplex
Built in 1979
-- sqft lot
$496,300 Zestimate®
$309/sqft
$-- HOA
What's special
Off-street parkingSeparate entrances for privacyFunctional layout
- 18 days
- on Zillow |
- 431 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 12:30pm
Listed by:
Marius ion,
COMPASS,
Duy D Hoang,
COMPASS
Source: NWMLS,MLS#: 2411535

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Engineered Hardwood, Vinyl, 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: $309/sqft
- Tax assessed value: $370,400
- Annual tax amount: $3,113
- Date on market: 4/24/2025
- Listing terms: Cash Out,Conventional,FHA,USDA Loan,VA Loan
- Cumulative days on market: 109 days
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