513 4th Street, Sultan, WA 98294

$745,000
2,880
SqFt

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Listing courtesy of KW Everett.

List Price
$745,000
Status
ACTIVE
MLS#
2530144
Price Change
▼ $20,000 1782767169
Days on Market
58
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

**$10,000 BUYER CLOSING COST CREDIT!** Built in 2020, this LOW-MAINTENANCE DUPLEX is an ideal HOUSE HACK or LONG-TERM INVESTMENT opportunity. Featuring newer ROOF, PLUMBING, ELECTRICAL, and MECHANICAL SYSTEMS throughout, ownership is simplified with minimal capital expenditure concerns. Each unit offers 3 BEDROOMS, 2.5 BATHROOMS, plus a MAIN FLOOR OFFICE or OPTIONAL 4TH BEDROOM. Interiors feature durable LVP FLOORING, STAINLESS STEEL APPLIANCES, GAS FORCED AIR HEATING, and TANKLESS WATER HEATERS, providing the modern finishes and efficiencies today's renters are looking for. Exterior amenities include LOW-MAINTENANCE HARDIE SIDING, PRIVATE YARD SPACES, and AMPLE PARKING, helping support easy management and long-term durability. Conveniently located near schools and within walking distance to downtown amenities, the property benefits from STRONG RENTAL DEMAND and excellent tenant appeal. Whether you're looking to LIVE IN ONE UNIT WHILE OFFSETTING YOUR MORTGAGE or add a TURNKEY INCOME-PRODUCING ASSET to your portfolio, this property offers LOW MAINTENANCE, STRONG RENTAL POTENTIAL, and LONG-TERM EQUITY GROWTH. A SMART PLACE TO PARK YOUR CAPITAL while tenants help build your wealth. One of Snohomish County's fasted growing communities.

Additional Information

List Date
2026-05-29 16:02:12
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
5.12
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
5.12
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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