$2,850,000
Est. $15,446/mo14,196 sq ft
404 Front Street, Sumas, WA 98295
• Listed Jul 8, 2026•49 days active · 49 cumulative
Listing Broker: Muljat Group; Troy C. Muljat; 360-820-2000; troy@muljat.com
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Listing Broker: Muljat Group; Troy C. Muljat; 360-820-2000; troy@muljat.com
About this home
12-unit apartment complex (3 fourplexes) in the tight-knit border community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9, and minutes from the US/Canada border crossing. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.
Listed by Troy C. Muljat • Muljat Group
Listing updated: September 21, 2026 at 11:36pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2551532
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
404 Front Street, Sumas, WA 98295
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 10+ Units
Flooring
- Vinyl Plank
- Carpet
Heating & cooling
- Fireplace Insert heating
- Insert cooling
Schools
Ratings via SchoolDiggerNooksack Valley School District
- Sumas ElementaryPublic · Grades PK-5 · State rank 719 of 1,1384/10
- Nooksack Vly MidPublic · Grades Middle—
- Nooksack Vly HighPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 12
- Units in building
- 12
- Units below grade
- false
- Building square feet
- 14,196 sq ft
Income & expenses
- Gross scheduled income
- $280,800
- Total monthly income
- $23,900
- Additional monthly income
- $500
- Gross adjusted income
- $275,568
- Net operating income
- $203,309
- Cap rate
- 7.13%
- Gross rent multiplier
- 10.15
- Vacancy rate
- 4%
- Total expenses
- $72,258
- Insurance
- $12,145
- Electric
- $300
- Other expenses
- $32,778
- Water / sewer / garbage paid by
- 16200
Parking & storage
- Parking spaces
- 30
- Uncovered parking
- 30
Taxes & assessment
- Annual taxes
- $10,835
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Mortgage payment forecast
$17,062 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Muljat Group; Troy C. Muljat; 360-820-2000; troy@muljat.com
Market pulse
Sumas is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Sellers are often willing to negotiate on price and terms.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 88 days.
Recent sales nearby
Within 1 mile · last 6 months$362,000 Sold
5 days ago
3 bd•2.5 ba•~1,597 sq ft•Single Family
226 Morton Street, Sumas, WA 98295
3%
Under list
110
Days on market
0.2 mi
Distance
$330,000 Sold
4 weeks ago
2 bd•1 ba•~1,064 sq ft•Single Family
230 Vancouver Street, Sumas, WA 98295
3%
Under list
83
Days on market
0.2 mi
Distance
$379,000 Sold
4 weeks ago
3 bd•2 ba•~1,300 sq ft•Single Family
232 Front Street, Sumas, WA 98295
0%
Over list
164
Days on market
0.1 mi
Distance
$399,000 Sold
5 weeks ago
3 bd•2.5 ba•~2,173 sq ft•Single Family
319 Vancouver Street, Sumas, WA 98295
0%
Over list
92
Days on market
0.2 mi
Distance
$339,000 Sold
5 weeks ago
3 bd•2 ba•~1,296 sq ft•Single Family
219 Mitchell Street, Sumas, WA 98295
0%
Under list
82
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:29 AM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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