Listing provided courtesy of KW EverettNWMLSas Distributed by MLSGrid- MLS# NWM2530144MLS Provider

513 4th StreetSultan, WA 98294

Multi-Family · 8 Beds · 2,880 Sq. ft. | 0.20 Acres
$745,000 Active

513 4th Street Overview

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**$10,000 BUYER CLOSING COST CREDIT!** Built in 2020, this LOW-MAINTENANCE DUPLEX is an ideal HOUSE HACK or LONG-TERM INVESTMENT opportunity. Featuring newer ROOF, PLUMBING, ELECTRICAL, and MECHANICAL SYSTEMS throughout, ownership is simplified with minimal capital expenditure concerns. Each unit offers 3 BEDROOMS, 2.5 BATHROOMS, plus a MAIN FLOOR OFFICE or OPTIONAL 4TH BEDROOM. Interiors feature durable LVP FLOORING, STAINLESS STEEL APPLIANCES, GAS FORCED AIR HEATING, and TANKLESS WATER HEATERS, providing the modern finishes and efficiencies today's renters are looking for. Exterior amenities include LOW-MAINTENANCE HARDIE SIDING, PRIVATE YARD SPACES, and AMPLE PARKING, helping support easy management and long-term durability. Conveniently located near schools and within walking distance to downtown amenities, the property benefits from STRONG RENTAL DEMAND and excellent tenant appeal. Whether you're looking to LIVE IN ONE UNIT WHILE OFFSETTING YOUR MORTGAGE or add a TURNKEY INCOME-PRODUCING ASSET to your portfolio, this property offers LOW MAINTENANCE, STRONG RENTAL POTENTIAL, and LONG-TERM EQUITY GROWTH. A SMART PLACE TO PARK YOUR CAPITAL while tenants help build your wealth. One of Snohomish County's fasted growing communities.

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513 4th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,880
  • Price/Sq.ft. $259
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Sultan
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 51600
  • Insurance Expense: 2180
  • Net Operating Income: 39171
  • Total Expenses: 12429
  • Total Monthly Income: 4100
  • Water/Sewer/Garbage: 4320

Building Information

  • New Construction: No
  • Year Built: 2020

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 750 - East Snohomish County
  • Subdivision Name: Sultan Town

Tax Information

  • Tax Annual Amount: $5,929.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, State Bond, USDA Loan, VA Loan
  • Parcel Number: 28083200317100
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2880
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2880
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Appliances: Tankless Water Heater
  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2880
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 4
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially, Gas Available, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1950
  • Beds Total: 4
  • Baths Total: 3

Unit 1 Details

  • Actual Rent: 2150
  • Beds Total: 4
  • Baths Total: 3

513 4th Street Neighborhood

Community

98294 (Sultan) Demographics

37
Median Age
122
Population Density (per sq. mile)
23%
College Educated
$69,458
Estimated Median Income
2,163
Estimated Total Home Owners
650
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

513 4th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

513 4th Street Market Data

Based on the last 30 days in this zip code

$633,010
Average List Price
$342
Average Price per Square Foot
23
Properties Sold
65
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

513 4th Street History

Date Event Value Agent
6/29/2026Source: NWMLS Price Reduction
$745,000 -2.6%
5/29/2026Source: NWMLS Added to Database
May 29, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021