OFFERING $25,000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With two units currently occupied, new exterior paint and partially updated roofing, this property offers a strong foundation for continued investment. There is even more potential with an unfinished fourth unit and the possibility to add a DADU, creating the opportunity for additional income-producing units. The lower-level unit has been thoughtfully refreshed with a wide-open floor plan, fresh paint, new flooring, and a bright kitchen featuring new cabinetry, countertops, appliances, and fixtures. Two comfortable bedrooms are accompanied by a refreshed full bathroom and laundry room with new tile and fixtures. The two occupied units have been fully remodeled inside, and each offers two bedrooms, one bathroom, and in-unit laundry. Outside, a shared backyard and ample parking add to the appeal, while Sultan favorites, local schools, and everyday amenities are all within easy walking distance.
Active
Listed by: Lamb Real Estate • Kimberly Esquivel
$899,000
507 3rd Street, Sultan, WA 98294
7beds
4baths
3,874sqft
Triplex, Multi Family
Built in 1952
-- sqft lot
$883,500 Zestimate®
$232/sqft
$-- HOA
What's special
- --
- on Zillow
- 28
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Kimberly Esquivel,
Lamb Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2587795
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 3,874
- Total interior livable area: 3,874 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.29 Acres
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Partially, Patio
Details
- Parcel number: 28083200307600
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Cement Planked, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition,Flat,See Remarks
Condition
- Year built: 1952
Utilities & green energy
- Electric: Company: Snohomish County PUD
- Sewer: Sewer Connected, Company: City of Sultan
- Water: Public, Company: City of Sultan
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Sultan
Location
- Region: Sultan
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $581,800
- Annual tax amount: $5,102
- Date on market: 9/30/2026
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$883,500
$839,000 - $928,000
$2,101/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $899,000+11.7%$232/sqft |
Source:  NWMLS as distributed by MLS GRID #2587795 Report a problem | ||
| 9/30/2022 | Sold | $805,000-2.4%$208/sqft |
Source: NWMLS as distributed by MLS GRID #1955849 Report a problem | ||
| 8/12/2022 | Pending sale | $825,000$213/sqft |
Source: NWMLS as distributed by MLS GRID #1955849 Report a problem | ||
| 8/5/2022 | Price change | $825,000-1.2%$213/sqft |
Source: NWMLS as distributed by MLS GRID #1957986 Report a problem | ||
| 6/23/2022 | Listed for sale | $835,000+259.9%$216/sqft |
Source: NWMLS as distributed by MLS GRID #1955849 Report a problem | ||
| 1/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/10/2020 | Price change | $1,300-9.1% |
Source: Zillow Rental Manager Report a problem | ||
| 10/1/2020 | Listed for rent | $1,430+24.3% |
Source: Zillow Rental Manager Report a problem | ||
| 6/28/2019 | Listing removed | $1,150 |
Source: The Rental Connection Report a problem | ||
| 6/13/2019 | Listed for rent | $1,150 |
Source: The Rental Connection Report a problem | ||
| 2/28/2013 | Sold | $232,000-7.2%$60/sqft |
Source: NWMLS as distributed by MLS GRID #272340 Report a problem | ||
| 1/26/2013 | Pending sale | $249,900$65/sqft |
Source: John L Scott Real Estate #272340 Report a problem | ||
| 6/29/2012 | Price change | $249,900-3.9%$65/sqft |
Source: John L Scott Real Estate #272340 Report a problem | ||
| 2/24/2012 | Price change | $260,000+1%$67/sqft |
Source: John L Scott Real Estate #272340 Report a problem | ||
| 9/9/2011 | Listed for sale | $257,500$66/sqft |
Source: John L Scott Real Estate #272340 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,103 -2.1% | $581,800 -0.2% |
| 2024 | $5,211 +6.8% | $582,800 +5.8% |
| 2023 | $4,878 +4% | $550,700 -8.1% |
| 2022 | $4,691 +14% | $599,300 +32.8% |
| 2021 | $4,114 -4.9% | $451,300 +1.9% |
| 2020 | $4,328 +22.2% | $442,800 +25.3% |
| 2019 | $3,541 | $353,300 +9.9% |
| 2018 | -- | $321,500 +22.5% |
| 2017 | $3,437 +36.8% | $262,400 +14.3% |
| 2016 | $2,511 | $229,500 +20% |
| 2015 | $2,511 +102.3% | $191,300 +4% |
| 2013 | $1,241 | $184,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98294
Nearby schools
Schools provided by the listing agent
- Elementary: Sultan Elem
- Middle: Sultan Mid
- High: Sultan Snr High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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