402 1st Street , Sultan, Wa 98294

WA, Sultan
$550,000
  • 1,620 Sqft
  • Residential Income Property Type
  • 1979 Year Built
  • Expired Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2364807
  • Price: $550,000
  • View: Territorial
  • Square Footage: 1,620 Sqft
  • Year Built: 1979
  • Lot Area: 0.12 Acre
  • Status: Expired
  • Office Name: COMPASS
  • Agent Name: Marius ion
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood Products
  • Flooring Carpet, Vinyl, Engineered Hardwood
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Snohomish
  • City Sultan
  • Zipcode 98294
  • Street: 1st
  • Street Number: 402
  • Street Suffix: Street
  • Longitude: W122° 10' 46.4''
  • Latitude: N47° 51' 53''
  • Directions: Heading E. on Hwy 2, Turn left on 3rd St, then left on Cedar Ave,Then right on 1st St. Property on the right corner
  • Mls Area Major: 750 - East Snohomish County
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Sultan
  • Middle School: Buyer To Verify
Additional Information
  • Lot Size Dimensions: 76x70
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2025-04-24
  • Number Of Units Total: 2
  • Lot Features: Paved, Curbs, Sidewalk, Corner Lot
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 3113
Listing Information
  • Co List Agent Full Name: Duy D Hoang
  • Co List Agent Mls Id: 82443
  • Co List Office Mls Id: 5813
  • Co List Office Name: COMPASS
  • List Agent Mls Id: 118191
  • List Office Mls Id: 5813
  • Listing Term: Cash Out,Conventional,FHA,USDA Loan,VA Loan
  • Mls Status: Expired
  • Modification Timestamp: 2025-07-22T07:17:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-07-22T07:15:15Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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