Listed by Realty One Group Orca
$949,000

507 3rd St Sultan, WA 98294

Estimated payment $5,503/month

Total Views 338
7 Beds
4 Baths
3,874 Sq Ft
$245 Price per Sq Ft

Highlights

  • Hot Property
  • Territorial View
  • Thermal Windows
  • 0.29 Acre Lot
  • No HOA
  • Vinyl Plank Flooring

About This Home

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!

Listing Agent

Jose Zaragoza

Realty One Group Orca License #20111666 Listed on: 07/02/2026

Realty One Group Orca

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2549035

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,878

Year Built

  • Built in 1952

Lot Details

  • 12,632 Sq Ft Lot

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
  • Territorial Views

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Schools

  • Sultan Elementary School
  • Sultan Mid Middle School
  • Sultan Snr High School

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

0.29 Acres

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
  • Structure Type: Quadruplex
  • 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: Mountains, Territorial
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Restored

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Furnace
  • 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: 7023

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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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax 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
2026 $5,211 $581,800 $257,000 $324,800
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2026 07/02/26 For Sale $949,000 +17.9% $245 / Sq Ft
09/30/2022 09/30/22 Sold $805,000 -2.4% $208 / Sq Ft View Prior Sale
08/12/2022 08/12/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $825,000 -1.2% $213 / Sq Ft
06/23/2022 06/23/22 For Sale $835,000 +259.9% $216 / Sq Ft
02/28/2013 02/28/13 Sold $232,000 -9.9% $70 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
09/08/2011 09/08/11 For Sale $257,500 -- $78 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title
Warranty Deed $232,280 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $493,000 New Conventional
Previous Owner $162,400 New Conventional
Source: Public Records

About the Listing Agent

Jose Zaragoza
Jose Zaragoza

Realty One Group Orca

(360) 994-1328

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View Jose's Profile

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2549035

Northwest Multiple Listing Service (NWMLS)

APN: 280832-003-076-00

Washington Snohomish County Sultan 98294

507 3rd St, Sultan, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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Jose Zaragoza
Jose Zaragoza
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Realty One Group Orca
(360) 994-1328
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