See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

31503 US 2, Sultan, WA, 98294

5beds
2baths
1,742sqft
$675,000
$387price/sqft
$4,181/moest. monthly cost
$167,240/yrincome needed

About This Home

Excellent investment opportunity with two versatile buildings on one property! The front building is a 2-bedroom, 1-bath office space, offering flexible use for a business or potential future conversion to residential (buyer to verify with local authorities). The second building is a comfortable 3-bedroom, 1-bath residence, providing excellent rental income potential or space for multi-generational living. Whether you're looking to expand your investment portfolio, operate a business on-site, or take advantage of the property's mixed-use possibilities, this unique property offers exceptional value and opportunity. As an added bonus, the adjacent vacant lot is also available for purchase, providing even more potential for expansion or future development.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

7/10
Sultan Elementary SchoolGrades K-50.7 mi
6/10
Sultan Middle SchoolGrades 6-80.8 mi
5/10
Sultan Senior High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1963

Materials

  • Foundation: Block,Poured Concrete
  • Roof: Composition
  • Construction materials: Metal/Vinyl,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Flooring: Laminate,Vinyl,Carpet

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,742
  • Total interior livable area: 1,742 sqft

Property

Details

  • Parcel number: 00479100200200
  • Zoning description: Commercial,Multi-Family,Residential
  • Special condition: Standard

Lot

  • Lot size: 9,147 sqft
  • Features: Curbs,Secluded,Sidewalk,Deck,Fenced-Partially,RV Parking

Parking

  • Total spaces: 5
  • Parking features: RV Parking
  • Covered spaces: 5
  • Uncovered spaces: 5
  • Carport spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Cold Wave
Heat Wave
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters in Snohomish County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$153$1,836
Property Taxes $466$5,592
Electricity $149$1,793
Total$4,181$50,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,348/yr
40% on housing$125,430/yr
45% on housing$111,493/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 98294$229
Snohomish County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 98294$300
Snohomish County$396

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$675,000

For Sale by Agent

AgentSavannah Dahab
BrokerageONE Realty

Similar Homes