32531 138th Street SE Sultan, WA 98294

Rare Multi-Family Development Site with Existing Home Prime 2.38-acre parcel zoned Land – 42 – Multi-Family offering unmatched potential for townhomes, multi-family housing, retail, or phased development. Existing 3-bedroom, 2-bath home adds versatility—retain as a rental, use as an office, or integrate into future plans. Utilities include electricity on-site, gas, HS internet in street, Lot is lightly treed, partially cleared, minimizing prep costs. Additional improvements include driveway, fencing, and outbuilding(s). This is a rare opportunity combining development-ready land with an existing structure to generate income or support operations while entitlements progress.