$800,000
Est. $4,336/mo1,742 sq ft
31503 US 2, Sultan, WA 98294
• Listed Sep 17, 2026•498 days active · 498 cumulative
Listing Broker: Windermere Real Estate/M2, LLC; Nicole Luckenbach; 425-218-0507; nicoleluckenbach@windermere.com
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Listing Broker: Windermere Real Estate/M2, LLC; Nicole Luckenbach; 425-218-0507; nicoleluckenbach@windermere.com
About this home
Prime Sultan location in the up and coming Urban Center ideally located between Hwy 2 and Main Street. Stunning Cascade Mountain views surround, enjoy your lunch at the Riverfront Travelers Park across the street, Dutch Cup or the neighboring Sultan Bakery. UC zoning is Sultan's highest density zoning offering mixed use; residential, multifamily, apartments, retail store fronts, restaurants, administrative, civic and other business buildings. With 24,000 cars passing through daily, this last stop for vacationers heading east to Mountain Recreation offers endless business opportunities. Realize instant revenue from leasing the commercial building and residential home. The Commercial building can support 1-2 leaseholders with a large Entry Foyer, 2 additional office spaces, and a partial kitchen meeting the needs of a variety of business owners. The well cared for 3 bedroom, 1 bath rental has a long term tenant and is move in ready. This double lot has huge potential for long term holding and development. The city of Sultan has plans to identify bike and pedestrian paths for increased walkability and recreation opportunities throughout the urban center and local parks. Come and contribute to the History of a local landmark town, that has been called one of the fastest growing cities in our region! This income producing property awaits your vision, don't miss out on this rare find!
Listed by Nicole Luckenbach • Windermere Real Estate/M2, LLC
Listing updated: September 21, 2026 at 09:21pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2584381
Around this home
How much should you offer?
31503 US 2, Sultan, WA 98294
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
- Comm Bldg Und 10K
Accessory dwelling unit
- 2 accessory dwelling units (detached dwelling)
- 864 sq ft
Flooring
- Laminate
- Carpet
Heating & cooling
- Baseboard heating
- Ductless heating
- Wall Furnace heating
- Ductless cooling
Schools
Ratings via SchoolDigger- Sultan Elementary SchoolPublic · Grades K-5 · 0.4 mi · State rank 408 of 1,1386/10
- Sultan Middle SchoolPublic · Grades 6-8 · 0.6 mi · State rank 340 of 5144/10
- Sky Valley OptionsPublic · Grades 9-12 · 0.8 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 1,742 sq ft
- Office square feet
- 878 sq ft
- Loading
- Grade
- Expansion area
- false
- Year built
- 1963
- Environmental survey
- No
Parking & site
- Parking spaces
- 11
- Uncovered parking
- 11
- Acres
- 0.4 acres
- Lot square feet
- 17,424 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- 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.
Sales & Tax Records for 31503 US 2
NWMLS via MLS Grid · Snohomish County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 17, 2026ListedNWMLS via MLS Grid · #2584381$800,000$459/sq ft
- Sep 17, 2026ListedNWMLS via MLS Grid · #2584927$800,000$459/sq ft
Down payment assistance
6 programs may be available to provide you with up to $40,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,136 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
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere Real Estate/M2, LLC; Nicole Luckenbach; 425-218-0507; nicoleluckenbach@windermere.com
Market pulse
Sultan is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 94 days.
Recent sales nearby
Within 1 mile · last 6 months$495,000 Sold
3 days ago
4 bd•2.5 ba•~1,880 sq ft•Single Family
32709 Marguerite Lane, Sultan, WA 98294
1%
Under list
55
Days on market
0.9 mi
Distance
$570,000 Sold
2 weeks ago
4 bd•2.5 ba•~2,624 sq ft•Single Family
919 Joan Drive, Sultan, WA 98294
0%
Over list
75
Days on market
0.6 mi
Distance
$479,950 Sold
4 weeks ago
3 bd•2.5 ba•~1,458 sq ft•Single Family
610 Date Avenue, Sultan, WA 98294
0%
Over list
29
Days on market
0.3 mi
Distance
$457,500 Sold
4 weeks ago
3 bd•1.75 ba•~1,040 sq ft•Single Family
408 Amberwood Circle, Sultan, WA 98294
2%
Over list
58
Days on market
0.8 mi
Distance
$435,000 Sold
5 weeks ago
2 bd•1 ba•~1,080 sq ft•Single Family
303 Fir Avenue, Sultan, WA 98294
0%
Over list
69
Days on market
0.5 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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