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$899,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 6 days ago

Listed by Kim Esquivel | Lamb Real Estate | (425) 243-9745

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OFFERING $25,000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With two units currently occupied, new exterior paint and partially updated roofing, this property offers a strong foundation for continued investment. There is even more potential with an unfinished fourth unit and the possibility to add a DADU, creating the opportunity for additional income-producing units. The lower-level unit has been thoughtfully refreshed with a wide-open floor plan, fresh paint, new flooring, and a bright kitchen featuring new cabinetry, countertops, appliances, and fixtures. Two comfortable bedrooms are accompanied by a refreshed full bathroom and laundry room with new tile and fixtures. The two occupied units have been fully remodeled inside, and each offers two bedrooms, one bathroom, and in-unit laundry. Outside, a shared backyard and ample parking add to the appeal, while Sultan favorites, local schools, and everyday amenities are all within easy walking distance.

Full Property Details for 507 3rd St

General

  • Price: $899,000
  • Taxes: $5,102 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2587795
  • Updated: 10/2/2026
  • Added to Site: 10 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Deck, Fenced-Partially, Patio
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 8

Location

  • Area: 750 - East Snohomish County
  • County: Snohomish
  • Subdivision: Sultan
  • Driving Directions: From Hwy-2, Head North on 3rd St. Triplex is on your Left!

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: Triplex
  • Exterior Const.: Cement Planked, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Flat, See Remarks
  • Stories in Building: 2
  • Square Feet: 3,874
  • Year Built: 1952

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: Realist
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $5,102.93
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 28083200307600

Listed by Kim Esquivel | Lamb Real Estate | (425) 243-9745

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Schools serving 507 3rd St

School District:Sultan School District
NameGradesDistance
Sultan Elementary School
501 Date St., Sultan, WA 98294
K-50.2 mi
Sultan Middle School
301 High Avenue, Sultan, WA 98294
6-80.2 mi
Sultan Senior High School
1000 Turk Dr, Sultan, WA 98294
9-120.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/30/2026
Listed
$899,000
11.68%
MLS
9/07/2022
Sold
$805,000
—
Public Record
Get Price Alerts and Save Property
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 for 507 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,103
-2%
$581,800
6%
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kim Esquivel | Lamb Real Estate | (425) 243-9745

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507 3rd Street, Sultan, WA 98294 (MLS# 2587795) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 507 3rd Street is currently listed for $899,000 and was received on September 30, 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.

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