LKV Realty
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Jared SchmitzRE/MAX Realty South
$899,999
21 E Sullivan Street, Allyn, WA 98524Listing ID 2498531

21 E Sullivan Street, Allyn, WA 98524

Active
Allyn
Last updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
3,502
Acres
Acres
0.18
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
2022
Garages
Garages
4

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.

Property Information

Property Details

Location

Address
21 E Sullivan Street
County
Mason
City
Allyn
Zip Code
98524
Subdivision
Allyn
School District
North Mason #403
High School
Buyer To Verify
Elementary School
Buyer To Verify
MLS Area
180 - North Mason

Interior Features

Heating and Cooling

Cooling
None
Heating
Forced Air

Building

Building Information

Square Feet
3,502
Year Built
2022
Construction
Cement Plank
Foundation
Poured Concrete
Roof
Composition
Condition
Very Good

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,852
Tax Year
2025
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 06:55 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM154088 • NWM46094

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.