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402 1st Street, 
Sultan, WA 98294

$550,000


Bed


Bath


1,620

Sq Ft


Multi-Family

Active

Listed by

Marius Ion

Duy D Hoang

Compass

Last updated:

May 14, 2025, 06:58 PM

MLS#

2364807

Source:

NWMLS

About This Home

402 1st Street

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.

Home Facts

Multi-Family

Built in 1979

Price Summary

550,000

$339 per Sq. Ft.

MLS #:

2364807

Last Updated:

May 14, 2025, 06:58 PM


Rooms & Interior

Interior

Living Area:

1,620 Sq. Ft.


Structure

Structure

Building Area:

1,620 Sq. Ft.

Year Built:

1979


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$339 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 17, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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