Welcome to your updated 4-plex with an unfinished unit ready for your vision! Great upside potential as all occupied units have been remodeled. Main units 505 & 507 feature new kitchens, baths, appliances, quartz countertops, LVP flooring, carpet, & interior paint. Bottom unit 503 includes a new bath remodel, all new LVP flooring, & carpet. Unit 509 is unfinished, perfect to convert into a 1-bed, add storage units, or create something else. It also has its own separate legal address. Exterior updates include new siding, new paint & front half of the roof replaced. Plumbing & some electrical upgrades completed. Situated on a huge lot near Sultan schools with plenty of street parking. This property is turnkey with little to do for the future!
Realty One Group OrcaLicense #20111666Listed on: 10/24/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2448371
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,878
Year Built
Built in 1952
Property Views
Mountain
Territorial
Home Design
Quadruplex
Slab Foundation
Poured Concrete
Composition Roof
Cement Board or Planked
Interior Spaces
3,874 Sq Ft Home
2-Story Property
Thermal Windows
Flooring
Carpet
Vinyl Plank
Vinyl
Bedrooms and Bathrooms
7 Bedrooms
4 Bathrooms
Parking
8 Parking Spaces
Open Parking
Schools
Sultan Elementary School
Sultan Mid Middle School
Sultan Snr High School
Additional Features
0.29 Acre Lot
Heating System Mounted To A Wall or Window
Community Details
No Home Owners Association
Sultan Subdivision
Listing and Financial Details
Assessor Parcel Number 28083200307600
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,878
Year Built
Built in 1952
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 54 - 4-Plex
Year Built: 1952
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 3874
EffectiveYearBuiltSource: Public Records
Special Features: None
Interior Features
Total Bedrooms: 7
Fireplace: No
Flooring: Vinyl, Vinyl Plank, Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Amenities: Basement,Thermal Windows
Exterior Features
Roof: Composition
View: Mountain(s), Territorial
Lot Features: Sidewalk
View: Yes
Waterfront: No
Construction Type: Cement Plank
Exterior Features: Cement Planked
Foundation Details: Poured Concrete, Slab
Property Condition: Restored
Structure Type: Quadruplex
Garage/Parking
Carport Y N: No
Open Parking: Yes
Total Parking Spaces: 8
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Wall Unit(s)
Heating Yn: Yes
PowerCompany: Snohomish PUD
SewerCompany: City of Sultan
WaterCompany: City of Sultan
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Sultan
High School: Sultan Snr High
Middle Or Junior School: Sultan Mid
Lot Info
Parcel Number: 28083200307600
Lot Size Acres: 0.29
Lot Size Sq Ft: 12632
Irrigation Water Rights: No
ShowMapLink: true
MLSLotSizeSource: SCR
ZoningJurisdiction: City
Green Features
Efficiency: Thermal Windows
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 18.94
LeasedItems: None
TotalMonthlyIncome: 6568
Tax Info
Year: 2024
Tax Annual Amount: 4878.3
Multi Family
Number Of Units Total: 4
EnergySource: Electric
UnitsBelowGrade: true
MLS Schools
Elementary School: Sultan Elem
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$4,878
$582,800
$229,000
$353,800
2024
$4,878
$550,700
$209,000
$341,700
2023
$4,691
$599,300
$223,000
$376,300
2022
$4,114
$451,300
$164,000
$287,300
2020
$3,541
$353,300
$138,000
$215,300
2019
$3,100
$321,500
$118,000
$203,500
2018
$3,437
$288,500
$98,000
$190,500
2017
$3,156
$262,400
$94,000
$168,400
2016
$2,821
$229,500
$68,000
$161,500
2015
$2,511
$191,300
$55,000
$136,300
2013
$1,241
$184,000
$52,000
$132,000
Source: Public Records
Property History
Date
Event
Price
List to Sale
Price per Sq Ft
Prior Sale
10/24/202510/24/25
For Sale
$1,175,000
+46.0%
$303 / Sq Ft
09/30/202209/30/22
Sold
$805,000
-2.4%
$208 / Sq Ft
View Prior Sale
08/12/202208/12/22
Pending
--
--
--
08/05/202208/05/22
Price Changed
$825,000
-1.2%
$213 / Sq Ft
06/23/202206/23/22
For Sale
$835,000
+259.9%
$216 / Sq Ft
02/28/201302/28/13
Sold
$232,000
-9.9%
$70 / Sq Ft
View Prior Sale
01/24/201301/24/13
Pending
--
--
--
09/08/201109/08/11
For Sale
$257,500
--
$78 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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Jose ZaragozaRealty One Group Orca
Source: Northwest Multiple Listing Service (NWMLS)
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