507 3rd Street Sultan, WA $ 899,000
507 3rd Street
$ 899,000
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507 3rd Street

Sultan, WA, 98294
$ 899,000
Bedrooms7 Baths4.0 Sq 3,874

Monthly Estimate*

$ 5,676

Listed by Lamb Real Estate
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Multi-Family Home for sale in Sultan, WA

for $899,000 with 7 bedrooms and 4 full baths. This 3,874 square foot home was built in 1952 on a lot size of 0.29.

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.

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Multi-Family Active

Price

$ 899,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,102

Style

Tri-plex

Lot Size

0.29

Year Built

1952

Town/City

Sultan

County/Region

Snohomish

MLS | Web ID

2587795

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing
Roof Composition Flat See Remarks
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1952
View Mountains Territorial
Property Subtype Multi Family
Tax Year 2026
County Snohomish
Net Operating Income 0
Insurance Expense 4829.35
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Sultan
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Hwy-2 Head North on 3rd St. Triplex is on your Left!
High School Sultan Snr High
City Sultan
Senior Community Y/N N
High School District Sultan
Zoning Description Multi-Family
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 Conventional FHA VA Loan
Elementary School Sultan Elem
Tax Annual Amount 5102.93
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Sultan Mid
Public Remarks 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
Leasable Area 3294
Structure Type Triplex
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 6590.99
Property Style 53 - Tri-plex
Cap Rate 5.27
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Exterior
Exterior Amenities Cement Planked Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3874
Lot Size Acres 0.29
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially Patio
Parking Uncovered Total 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 NWM2587795
Street Number 1 507
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* Excluded Features
List By
Kimberly Esquivel

Listing Agent

Lamb Real Estate

Broker

kim@lambandcompany.com

Email

Affordability Calculator

$6,102
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,676
Monthly Property Taxes
$425
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/30/2026$899,000 Listed Price

Map


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507 3rd Street, Sultan, WA, 98294 is a Multi-Family Home for sale at $899,000 with 3,874 sqft and a lot size of 0.29. 507 3rd Street has 7 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 98294 which is in Sultan, WA