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Marius Ion
Duy Hoang

402 1st Street

$475,000 402 1st Street, Sultan, WA 98294
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.
  • Pending
    Status
  • 1979
    Year Built
  • 1,620 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Pending
  • Living Space: 1,620 Sq.Ft.
  • Lot Size: 5,227 Sq.Ft.
  • MLS® ID: 2411535
  • Type: Multi-Family
  • Year Built: 1979
  • View Description: Territorial
  • Elementary School:Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: Sultan

Interior

  • Flooring: Engineered Hardwood, Vinyl, Carpet

Exterior & Building

  • Stories: 1
  • Water Source: Public
  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Heat Type: Baseboard
  • Air Conditioning: None
  • Sewer: Sewer Connected
  • Substructure: Poured Concrete
  • Other Exterior Features: Wood Products

Financial

  • Sales Price: $475,000
  • Real Estate Tax: $3,113/yr

402 1st Street

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