About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

808 4th St, Sultan, WA 98294

$985,000

Last sold 06/15/2023 for $840K

—
bed
—
bath
2,880
Sqft ($292/Sqft)

House not for sale

About 808 4th St

Property type House

Neighborhood

Year built 1982

HOA fee $0/month

Lot size 9,583 Sqft

Movoto estimate

Property description

Multi Family investment property in the heart of Sultan. Close to schools, restaurants, parks, etc. Don't miss this rare opportunity to own a multi family 4 plex for under a mil. Each unit has 2 bed, 1 bath. Flat lot for easy maintenance. Building has newer entry and roof. Good condition of the units and can continue to be leased as is or, upgraded for higher rents in future. The tenants are on month to month to keep options open for new owner. $4650 monthly revenue as is. Utilities separate from revenue number are that tenants have individual electrical meters that they pay and pool payments for water,sewer,garbage which are paid by landlord and reimbursed by tenants.

Listed by

Listing Agent - Kyle Stevens

Listing Office - Northland Real Estate

Source: NWMLS

MLS#2050201 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Quadruplex
MLS #	2050201
SubType	Multi Family
Type	Residential Income
SqFt	2880
Status	Sold
Lot Size (SqFt)	9583
Lot Size (Acres)	0.22
Property Tax	5792.28
Buying Office	Windermere Real Estate/HLC
Year Built	1982
Buying Office Phone	425-483-5100

Interior

Exterior
Roof	Composition
# Open Parking Spaces	11
# Parking Spaces	11
# Uncovered Spaces	11
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
View	Territorial
County	Snohomish
Subdivision	Sultan
Area	750 - East Snohomish County
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Sultan
High School	Buyer To Verify
APN	28083200314900

Multifamily Details
Net Operating Income	51141
Capitalization Rate	5.68
Expense: Insurance	1267
Gross Scheduled Income	58200
Gross Adjusted Income	58200
Total Expenses	7059.28
Gross Rent Multiplier	15.45
Nwm_Totalmonthlyincome	4800

Lot/ Land Details
Site Features	Cable TV, High Speed Internet

$985K

Range: $847K-$1.12M

Last 30 days

Rental est.: $2,513/month

• Gross rent multiplier: 27.9

Lower your payment with the loan terms that fit you.

Jun 2023
Public Records
Jun 15, 2023 Sold
$840,000
Jun 2023
MLS # 2050201
Jun 15, 2023 Sold
$840,000 (-6.6%)
May 10, 2023 Pending
—
Apr 24, 2023 Listed
$899,000

Year Property taxes Tax assessment
2025
$7,510 +29.7%

$820,000 +10.81%
2023
$5,792 +75.6%

$740,000 +104.53%
2022
$3,298 -15.6%

$361,800 +3.37%
2021
$3,910 +11.4%

$350,000
2020
$3,508 +7.0%

$350,000 +2.94%
2019
$3,279 -23.5%

$340,000 -5.56%
2018
$4,289 +16.7%

$360,000 +20.0%
2015
$3,676

$300,000

808 4th St
$840K
750 - East Snohomish County
—
98294
$559K -2% y/y
Sultan
$559K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
816 4th St, Sultan, WA 98294	$424,000	2/1	880	0.01
405 High Ave, Sultan, WA 98294	$320,000	3/2	1,152	0.02
820 4th St, Sultan, WA 98294	$451,000	2/1	1,019	0.03
407 High Ave, Sultan, WA 98294	$452,000	3/2	964	0.03
409 High Ave, Sultan, WA 98294	$523,000	4/2	1,279	0.04
824 4th St, Sultan, WA 98294	$373,000	—/1	896	0.05
402 High Ave, Sultan, WA 98294	$627,000	5/2	2,248	0.05
870 4th St, Sultan, WA 98294	$551,000	3/1	1,850	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.