OFF MARKET

Listed by Meredith Hansen • KW Greater Seattle. Bought with Windermere Mercer Island.

Off market aug 2016 for $263K

$562,157

Est. refi paymentEst. refi $2,052/mo

—

•

— ba

•

2,004

sq ft

318 3rd St, Sultan, WA 98284

About this home

Excellent investment opportunity with 6% cap rate!Long term tenants in unit 318 and other unit is vacant after having tenants for many years. 2 bedroom/1 bath units. Carports are partially enclosed & can park 4 cars tandem on each side. Spacious master bedroom with walk-in closets. The kitchens are very large with eating space and pantries. Plenty of closets including a stackable Washer & dryer. Spacious living rm with lots of light. Large corner lot. Home warranty for Buyer.

Multi-familyProperty Type

2003Year Built

8,276 sq ftLot Size

$281Est. Price/Sq.Ft.

8 spacesParking

Listed by Meredith Hansen • KW Greater Seattle

Bought with Codi Nelson • Windermere Mercer Island

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #865724

Redfin Estimate

$562,157

$298K since sold in August 2016$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.1% higher than the average sale price ($556K) of 6 comparable homes.

SOLD MAY 1, 2026
$635,000
A
4 beds2.5 baths1,942 sq ft
1107 Loves Hill Dr, Sultan, WA 98294
Listing provided by nwmls
SOLD MAY 15, 2026
$525,000
B
4 beds2.5 baths1,928 sq ft
904 Fir Ave, Sultan, WA 98294
Listing provided by nwmls
SOLD SEP 30, 2026
$675,950
C
4 beds2.5 baths2,108 sq ft
13827 Dogwood Ct, Sultan, WA 98294
Listing provided by nwmls
SOLD AUG 10, 2026
$625,000
D
3 beds2.5 baths2,118 sq ft
208 5th St, Sultan, WA 98294
Listing provided by nwmls
SOLD SEP 28, 2026
$515,000
E
4 beds2.5 baths2,390 sq ft
1023 Loves Hill Dr, Sultan, WA 98294
Listing provided by nwmls
SOLD JUN 23, 2026
$360,000
F
4 beds2.5 baths2,382 sq ft
127 10th St, Sultan, WA 98294
Listing provided by nwmls

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Sell

$356,025

Est. take-home

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Est. cash available

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Market trends in 98294, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.0%

+0.3% MoM

Median sale price

$564K

$1K MoM

Avg. days on market

32d

14 days MoM

Recently sold homes

1 MoM

New listings for sale

$610,000
4 beds2.5 baths2,120 sq ft
1045 17th Ave, Sultan, WA 98294
Autumn Long • John L. Scott Snohomish
REDFIN OPEN SAT, 11AM TO 1PM
$699,999
4 beds2.5 baths2,931 sq ft
31424 Rosewood Dr, Sultan, WA 98294
Redfin
$135,000
Studio— baths653 sq ft
33717 US HWY 2 #26, Sultan, WA 98294
Aaron Zehm • Windermere Real Estate/HLC
$995,000
4 beds3.5 baths3,456 sq ft
213 Skywall Dr, Sultan, WA 98294
Diane Lind • Windermere Real Estate/East
See all

Provided by Redfin

Sale history for 318 3rd St

Date

Event

Price

Aug 15, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #865724

$263,950

$132/sq ft

Jul 21, 2016

Pending

NWMLS as Distributed by MLS Grid #865724

—

Jun 28, 2016

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #865724

—

Apr 23, 2016

Relisted (Active)

NWMLS as Distributed by MLS Grid #865724

—

Apr 23, 2016

Price Changed

NWMLS as Distributed by MLS Grid #865724

$264,950

$132/sq ft

Jan 27, 2016

Pending

NWMLS as Distributed by MLS Grid #865724

—

Nov 5, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #865724

$259,950

$130/sq ft

Sep 29, 2004

Sold (MLS)

NWMLS as Distributed by MLS Grid #24069219

$239,950

$120/sq ft

May 19, 2004

Listed

NWMLS as Distributed by MLS Grid #24069219

$239,950

$120/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,308 (−0.6%)

$220,000 + $264,900

$484,900

2025

$4,335 (+3.6%)

$220,000 + $264,900

$484,900

2024

$4,183 (−0.9%)

$200,000 + $272,200

$472,200

2023

$4,221 (+7.4%)

$209,000 + $330,200

$539,200

2022

$3,930 (+3.2%)

$156,000 + $275,100

$431,100

2021

$3,808 (+3.7%)

$131,000 + $258,600

$389,600

2020

$3,674 (+18.5%)

$131,000 + $258,600

$389,600

2019

$3,099 (−13.4%)

$131,000 + $235,500

$366,500

2018

$3,580 (−7.8%)

$84,000 + $239,000

$323,000

2017

$3,884 (+8.0%)

$84,000 + $239,000

$323,000

2016

$3,596 (+14.2%)

$84,000 + $239,000

$323,000

2015

$3,149 (+15.3%)

$48,000 + $191,900

$239,900

2014

$2,732 (−9.4%)

$48,000 + $191,900

$239,900

2013

$3,014 (+7.1%)

$49,000 + $160,400

$209,400

2012

$2,813 (−0.4%)

$44,000 + $179,400

$223,400

2011

$2,826 (−15.8%)

$48,000 + $176,100

$224,100

2010

$3,356

$86,000 + $256,600

$342,600

2009

$3,356

$86,000 + $256,600

$342,600

Tax history for 318 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$4,308 (−0.6%)

$220,000 + $264,900

$484,900

2025

$4,335 (+3.6%)

$220,000 + $264,900

$484,900

2024

$4,183 (−0.9%)

$200,000 + $272,200

$472,200

2023

$4,221 (+7.4%)

$209,000 + $330,200

$539,200

2022

$3,930 (+3.2%)

$156,000 + $275,100

$431,100

2021

$3,808 (+3.7%)

$131,000 + $258,600

$389,600

2020

$3,674 (+18.5%)

$131,000 + $258,600

$389,600

2019

$3,099 (−13.4%)

$131,000 + $235,500

$366,500

2018

$3,580 (−7.8%)

$84,000 + $239,000

$323,000

2017

$3,884 (+8.0%)

$84,000 + $239,000

$323,000

2016

$3,596 (+14.2%)

$84,000 + $239,000

$323,000

2015

$3,149 (+15.3%)

$48,000 + $191,900

$239,900

2014

$2,732 (−9.4%)

$48,000 + $191,900

$239,900

2013

$3,014 (+7.1%)

$49,000 + $160,400

$209,400

2012

$2,813 (−0.4%)

$44,000 + $179,400

$223,400

2011

$2,826 (−15.8%)

$48,000 + $176,100

$224,100

2010

$3,356

$86,000 + $256,600

$342,600

2009

$3,356

$86,000 + $256,600

$342,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,276 Sq. Ft.

Year renovated

—

Sq. Ft.

2,004

Year built

2004

Style

Multi-Family (2-4 Unit)

County

Snohomish County

APN

00588801200100

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Property details

Parking

Parking Information
Carport Spaces: 8

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $775
Other Expense: $357
Net Operating Income: $16,119
Gross Adjusted Income: 19380
Gross Scheduled Income: $20,400
Total Monthly Income: 1700
Gross Rent Multiplier: 12
Total Expenses: 4281

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
Vacancy Rate: 5
# of Units (Total): 2
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Metal/Vinyl

Property Information
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,149
Tax Year: 2015

Financial Information
Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Buyer Financing: FHA

Utilities

Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Cable Connected, Sewer Connected, Electric
Water Sewer Garbage: 0

Location

School Information
Elementary School: Sultan Elem
Middle Or Junior High School: Sultan Mid
High School: Sultan Snr High
High School District: Sultan

Location Information
Directions: Hwy 2 to Sultan, left on 3rd, on corner of 3rd and Alder.

Community Information
Amenities: Storage,Thermal Windows

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,004
Stories: 1.0
Lot Size: 8,276 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2004
Year Renovated: —
County: Snohomish County
APN: 00588801200100

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Thursday, November 5, 2015

Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2004
Building Area Total: 2004
Building Area Units: Square Feet
Year Built Effective: 2003
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 2

Around this home

Schools

K - 12
Preschool & daycare

Sultan Elementary School

Public K-5 • Assigned • 0.2mi

7/10

Sultan Middle School

Public 6-8 • Assigned • 0.4mi

6/10

Sultan Senior High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 72-80% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

8 days above 88° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Sultan, WA • 98284

Average low and high temperatures (°F)

46°

35°

47°

35°

52°

39°

60°

42°

66°

47°

72°

52°

77°

55°

78°

58°

73°

54°

58°

44°

50°

41°

47°

39°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.3 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.3 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$535,000 – $647,000

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