21 E Sullivan Street, Allyn, WA 98524
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: jared schmitz, monique r losk
Office: re/max realty south
MLS#:2498531
Source:NWMLS
21 E Sullivan Street,Allyn, WA 98524
$899,999
- - Beds
- - Baths
- 3,502 sq. ft.
- Multi-family
- Active
Price summary
- Price:$899,999
- Price per sq. ft.:$257
About this home
Exceptional newer construction duplex with North Bay views in Allyn! Built in 2022, this thoughtfully designed 2-story duplex offers a rare investment or living opportunity with two identical mirrored units, each featuring a spacious open-concept layout, high ceilings, and durable vinyl plank flooring throughout. Each unit includes a beautifully appointed kitchen with an 8-foot quartz island, farmhouse sink, propane range, crown molding cabinetry, and soft-close cabinets, ideal for everyday living and entertaining. The primary suite offers a walk-in closet and an ensuite bath with soaking tub, oversized walk-in shower, and double sinks. Additional features include tankless on-demand water heaters, dedicated mudrooms, and two-car garages for each unit. Situated on a fully fenced 7,841 sq ft lot, the property offers peaceful North Bay territorial and partial water views. Conveniently located near Lakeland Village Golf Course and the Allyn waterfront. Investment highlights include projected gross rents of $67,080 annually, 6% vacancy estimate, and adjusted gross income of $63,055. Operating expenses approximately $6,585 annually with an estimated NOI of $56,470. At a list price of $989,000, this reflects an approximate 5.7% cap rate. Buyer to verify all information to their satisfaction....
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Home facts
- Year built:2022
- Subdivision & Development:Allyn
- Listing ID #:2498531
- Updated:August 14, 2026 at 11:20 AM
Rooms and interior
- Flooring:Vinyl Plank
- Living area:3,502 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2022
- Building area:3,502 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Dead-end Street, Paved
- Construction Materials:Cement Planked
- Exterior Features:Fenced-Partially, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$899,999
- Price per sq. ft.:$257
- Tax amount:$4,852 (2025)
Features and amenities
- Amenities:Cable TV, High Speed Internet, Propane
Parking
- Total parking spaces:17
- Garage:Yes
- Garage spaces:4
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