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$475,000

  • Sold
  • Closed
  • Multi-Family

Listed by Marius ion | Compass | (425) 242-6440 and Duy D Hoang | Compass | (425) 242-6440
Sold by Kevin M. Harasimowicz | RE/MAX Metro Realty, Inc.

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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.

Full Property Details for 402 1st St

General

  • Sold For: $475,000
  • Taxes: $3,113 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2411535
  • Added to Site: 176 day(s) ago

Interior

  • Flooring: Engineered Hardwood, Vinyl, Carpet

Parking

  • Uncovered Spaces: 4

Location

  • Area: 750 - East Snohomish County
  • County: Snohomish
  • Subdivision: Baring
  • Building Name: STEVENS 2ND ADD TO SULTAN
  • Driving 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

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,620
  • Year Built: 1979
  • Property Condition: Good

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size Source: Realist
  • Lot Dimensions: 76 x 70
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $3,113
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 586300100100
  • Block: 001 D-00 S
  • Lot Number: 1 and 2

Listed by Marius ion | Compass | (425) 242-6440 and Duy D Hoang | Compass | (425) 242-6440
Sold by Kevin M. Harasimowicz | RE/MAX Metro Realty, Inc.

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Schools serving 402 1st St

School District:Sultan School District
NameGradesDistance
Sultan Senior High School
1000 Turk Dr, Sultan, WA 98294
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 402 1st St

Date
Details
Price
Change
Source
9/30/2025
Sold
$475,000
—
MLS
8/27/2025
Price Reduced
$475,000
-5%
MLS
7/23/2025
Listed
$499,998
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Marius ion | Compass | (425) 242-6440 and Duy D Hoang | Compass | (425) 242-6440
Sold by Kevin M. Harasimowicz | RE/MAX Metro Realty, Inc.

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Price Reduced near 402 1st St

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40018 May Creek Rd, Gold Bar, WA 98251 - Photo 1 Price Reduced
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40018 May Creek Rd  Gold Bar, WA 98251

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314 1st St, Gold Bar, WA 98251 - Photo 1 Price Reduced
-$25,000 (-6.02%)
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314 1st St  Gold Bar, WA 98251

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  • 1,376
    Sq. Ft.
Listed by Lani Fisher | eXp Realty
44514 Pine Rd, Gold Bar, WA 98251 - Photo 1 Price Reduced
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44514 Pine Rd  Gold Bar, WA 98251

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17815 149th St SE, Monroe, WA 98272 - Photo 1 Price Reduced
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Recent Sales near 402 1st St

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415 1st St, Sultan, WA 98294 - Photo 1 Sold
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415 1st St  Sultan, WA 98294

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    Sq. Ft.
Listed by Jeff T. Latham | Latham Realty Unlimited Inc and Tracey Derkowski | Latham Realty Unlimited Inc
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108 Raspberry Ln  Sultan, WA 98294

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Sold by Joshua Lopez | Real Broker LLC
306 3rd St, Sultan, WA 98294 - Photo 1 Sold
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306 3rd St  Sultan, WA 98294

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306 Date Ave, Sultan, WA 98294 - Photo 1 Sold
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306 Date Ave  Sultan, WA 98294

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  • Closed
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    Total Baths
  • 1,125
    Sq. Ft.
Listed by Kathleen T. Morrisson | KandR Home Realty, LLC
Sold by Troy Linn | Real Broker LLC

402 1st Street, Sultan, WA 98294 (MLS# 2411535) is a Multi-Family property that was sold at $475,000 on September 30, 2025. Want to learn more about 402 1st Street? Do you have questions about finding other Multi-Family real estate for sale in Sultan? You can browse all Sultan real estate or contact a Coldwell Banker agent to request more information.