402 1st Street Sultan WA 98294 MLS #NWM2411535

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Listing Provided Courtesy of COMPASS
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.
Current real estate data for Multi Family in Sultan as of Sep 09, 2025
2
Multi Family Listed
28
Avg DOM
311
Avg $ / SqFt
$1,487,500
Avg List Price

Property Details

Price:
$475,000
MLS #:
NWM2411535
Status:
Pending
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Baring
Neighborhood:
750eastsnohomishcounty
Listed Date:
Jul 23, 2025
Finished Sq Ft:
1,620
Total Sq Ft:
1,620
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1979
Units:
2
Stevens 2nd Add To Sultan750 – East Snohomish County750eastsnohomishcountyBaringSultanBuyer To VerifyBuyer To VerifyBuyer To Verify

Schools

School District:
Sultan
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Engineered Hardwood, Vinyl, Carpet
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood Products
Parking Spots
4
Roof
Composition

Financial

Net Operating Income
$16,717
Tax Year
2024
Taxes
$3,113

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Property Summary

    Located in the Baring subdivision, 402 1st Street Sultan WA is a Multi Family for sale in Sultan, WA, 98294. It is listed for $475,000 To schedule a showing of MLS#nwm2411535 at 402 1st Street in Sultan, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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