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507 3rd Street Sultan, WA $ 1,175,000
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$ 1,175,000 Get more info
507 3rd Street
$ 1,175,000
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Share Save

507 3rd Street

Sultan, WA, 98294
$ 1,175,000
Baths0.0 Sq 3,874

Monthly Estimate*

$ 7,330

Listed by Realty One Group Orca
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Studio

Multi-Family Home for sale in Sultan, WA

for $1,175,000. This 3,874 square foot home was built in 1952 on a lot size of 0.29.

Welcome to your updated 4-plex with an unfinished unit ready for your vision! Great upside potential as all occupied units have been remodeled. Main units 505 & 507 feature new kitchens, baths, appliances, quartz countertops, LVP flooring, carpet, & interior paint. Bottom unit 503 includes a new bath remodel, all new LVP flooring, & carpet. Unit 509 is unfinished, perfect to convert into a 1-bed, add storage units, or create something else. It also has its own separate legal address. Exterior updates include new siding, new paint & front half of the roof replaced. Plumbing & some electrical upgrades completed. Situated on a huge lot near Sultan schools with plenty of street parking. This property is turnkey with little to do for the future!

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,878

Style

4-Plex

Lot Size

0.29

Year Built

1952

Town/City

Sultan

County/Region

Snohomish

MLS | Web ID

2448371
Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1952
View Mountain(s) Territorial
Property Subtype Multi Family
Tax Year 2024
County Snohomish
Net Operating Income 46788
Insurance Expense 4829.35
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Sultan
Special Listing Conditions None
Status Active
Directions From US 2 in Sultan turn North on3rd St. Home is on the left about 5 blocksNorth.
High School Sultan Snr High
City Sultan
Senior Community Y/N N
High School District Sultan
Open Parking Spaces 8
Number Of Units Total 4
MLS Area 750 - East Snohomish County
Lot Size Units Square Feet
Lot Size Square Feet 12632
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Sultan Elem
Tax Annual Amount 4878.3
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Sultan Mid
Property Condition Restored
Public Remarks Welcome to your updated 4-plex with an unfinished unit ready for your vision! Great upside potential as all occupied units have been remodeled. Main units 505 & 507 feature new kitchens baths applian
Leasable Area 3874
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Thermal Windows
Water Company City of Sultan
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 7123.04
Property Style 54 - 4-Plex
Cap Rate 3.98
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Exterior
Exterior Amenities Cement Planked
Lot Features Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete Slab
Building Area Total 3874
Lot Size Acres 0.29
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 8
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2448371
Street Number 1 507
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* Excluded Features
List By
Jose Zaragoza

Listing Agent

Realty One Group Orca

Broker

Affordability Calculator

$7,737
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,330
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257021 Elementary School
258784 Middle School
Sultan Snr High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/24/2025$1,175,000 Listed Price

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507 3rd Street, Sultan, WA, 98294 is a Multi-Family Home for sale at $1,175,000 with 3,874 sqft and a lot size of 0.29. 507 3rd Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 98294 which is in Sultan, WA

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