No photo available
$949,000 Just Listed
Property Description
Welcome to your updated 4-plex - the perfect house-hack opportunity or first home for the savvy buyer! Unit 503 is vacant, making this property a great fit for owner-occupant financing (including low-down-payment FHA & VA loans) - move into the fully remodeled, move-in-ready unit while your tenants in units 505 & 507 help cover or completely offset your monthly mortgage. Unit 503 features new cabinets, quartz countertops, appliances, a tile bathroom, new LVP flooring, and fresh interior paint - just bring your furniture! Units 505 & 507 are already-tenanted and have been fully remodeled with new kitchens, baths, appliances, quartz countertops, LVP flooring, carpet, & interior paint. Unit 509 is unfinished, offering exciting upside - convert it into a 1-bed for even more rental income, add storage, or make it your own; it has its own separate legal address. Exterior updates include new siding, new paint, & front half of the roof replaced, plus plumbing & electrical upgrades completed. Situated on a huge lot near Sultan schools with plenty of street parking. Live in one, rent the rest, and grow into unit 509 down the road - this is turnkey house-hacking made easy!
Full Property Details
Full Property Details for 507 3rd St
General
- Price: $949,000
- Taxes: $4,878 (2024)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2549035
- Updated: 7/3/2026
- Added to Site: 4 day(s) ago
Interior
- Flooring: Vinyl, Vinyl Plank, Carpet
Parking
- Uncovered Spaces: 8
Location
- Area: 750 - East Snohomish County
- County: Snohomish
- Subdivision: Sultan
- Driving Directions: From US 2 in Sultan, turn North on3rd St. Home is on the left about 5 blocksNorth.
School Information
- High School District: Sultan
- Elementary School: Sultan Elem
- Middle School: Sultan Mid
- High School: Sultan Snr High
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Cement Planked
- Foundation: Poured Concrete, Slab
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,874
- Year Built: 1952
- Property Condition: Restored
Unit Information
- Units in Building: 4
Lot Features
- Property View: Mountains, Territorial
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size Source: SCR
- Lot Features: Sidewalk
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $4,878.3
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 28083200307600
Listed by Jose Zaragoza | Realty One Group Orca | (360) 363-4803
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 507 3rd St
School District:Sultan School District
| Name | Grades | Distance |
|---|---|---|
Sultan Elementary School 501 Date St., Sultan, WA 98294 | K-5 | 0.2 mi |
Sultan Middle School 301 High Avenue, Sultan, WA 98294 | 6-8 | 0.2 mi |
Sultan Senior High School 1000 Turk Dr, Sultan, WA 98294 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 3rd St
Date
Details
Price
Change
Source
7/02/2026
Listed
$949,000
17.89%
MLS
9/07/2022
Sold
$805,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 507 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,211
11%
$550,700
-8%
2023
$4,691
14%
$599,300
33%
2022
$4,114
-5%
$451,300
—
2021
$4,328
—
$451,300
28%
2021
$4,328
22%
$353,300
—
2020
$3,541
14%
$353,300
10%
2019
$3,100
-10%
$321,500
11%
2018
$3,437
9%
$288,500
10%
2017
$3,156
12%
$262,400
14%
2016
$2,821
12%
$229,500
20%
2015
$2,511
12%
$191,300
12%
2014
$2,232
—
$171,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 3rd St
507 3rd Street, Sultan, WA 98294 (MLS# 2549035) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 507 3rd Street is currently listed for $949,000 and was received on July 02, 2026. Want to learn more about 507 3rd 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.
