513 4th Street, Sultan, WA 98294

$700,000
2,880
SqFt

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Listing Broker: KW Everett; Dani Robinett; 425-299-9603; danirobinett@gmail.com

List Price
$700,000
Status
ACTIVE
MLS#
2589782
Days on Market
126
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,880
Area Total SqFt
2880
Annual Tax Ammount
5929
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Built in 2020, this low-maintenance duplex offers a rare opportunity for both owner-occupants and investors. Live in one side while rental income from the other helps offset your monthly payment, or add a newer income-producing property to your portfolio without the maintenance concerns that often come with older multifamily properties. Each spacious unit features 3 bedrooms, 2.5 bathrooms, plus a main-floor office that provides flexibility for working from home office space or 4th bedroom option. Modern interiors include durable LVP flooring, stainless steel appliances, gas forced-air heat and tankless water heaters. Hardie siding, private yard spaces and ample parking add to the property's long-term functionality and tenant appeal. Conveniently located near schools and within walking distance of downtown Sultan, with easy access to everyday amenities and recreation. Whether you're looking for a house hack, multigenerational setup or long-term rental investment, this newer duplex offers flexibility, income potential and an opportunity to build equity in one of Snohomish County's growing communities.

Additional Information

List Date
2026-05-30 00:09:12
Community
Sultan Town
Net Operating Income
$39,171
Gross Scheduled Income
$51,600
Total Monthly Income
$4,100
Insurance Expenses
$2,180
Water/Sewer/Garbage Expenses
$4,320
Total Expenses
$12,429
Cap Rate
5.6
Vacancy Rate
3
Total Number of Units
2
Unit Name
513
Potential Terms
Cash, Conventional, FHA, State Bond, USDA Loan, VA Loan
Year Built
2020
View
Mountains, Territorial
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Patio
Energy Source
Electric, Natural Gas
School District
Sultan
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,100
Gross Scheduled Income
$51,600
Vacancy Rate
3
Tax Year
2026
Insurance Expense
$2,180
W/S/G Expenses
$4,320
Total Expenses
$12,429
Net Operating Income
$39,171
Cap Rate
5.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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