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$1,000,000
2427953 MLS ⋅ SOLD Status
Price improvement! 5% Cap Rate. One-of-a-kind 5 unit investment property in Downtown Sumner right across the street from Loyalty Park! Property includes a fourplex (two 1-bed & two 2-bed units) plus a 640 sq ft 1 bed + den single-family home. Both buildings recently painted. The fourplex features new windows and insulation. SFH remodeled this year. Recent remodels of fourplex units, including one this year. Very well maintained with beautiful landscaping and a storage shed on the property. Close to Sounder Train station for commuting. Near vibrant Downtown Sumner's shops and restaurants. Very easy to rent- hardly vacant.

520 Sumner Avenue Unit #524, Sumner

Listing courtesy of Skyline Properties, Inc.. Selling Office: Better Properties Real Estate.

$995,000
2423801 MLS ⋅ SOLD Status
Garden-style 6-unit apartment building in the heart of Downtown Sumner on a prominent corner lot. Mission-inspired arches and a welcoming courtyard highlight timeless charm alongside modern updates and strong investment fundamentals. Fully occupied with proven rental history, offered at a 6% cap rate, the property offers immediate cash flow with major improvements completed, including a new roof, fresh exterior paint, and new gas heaters. Interiors have been updated over the years. A rare opportunity to own a well-maintained historic multifamily in a walkable, high-demand location—offering stable income today and exceptional long-term redevelopment potential on a prime corner lot, with zoning allowing up to four stories of mixed-use.

824 Kincaid Avenue Unit #1-6, Sumner

Listing courtesy of Real Broker LLC. Selling Office: Better Properties Real Estate.

$1,400,000
2318458 MLS ⋅ SOLD Status
An irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These well-maintained adjacent buildings offer sharing access, a generous parking area, carports w/storage lockers plus more off street parking. Community laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Slider to outside covered patio. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. Zoning is High Density Residential (HDR) with a maximum density of 25 dwelling units per acre.

506 -508 Cherry Avenue, Sumner

Listing courtesy of Terrafin. Selling Office: Skyline Properties, Inc..

$2,200,000
2146905 MLS ⋅ SOLD Status
The Salmon Creek Apartments is a fully renovated eight-unit apartment building, located in Sumner. Over the past few years current ownership has performed complete high-end interior & exterior renovation of the asset. The unit mix consists of all beautiful two bedroom/one-bath units, that are approximately 840SF. The unit features include kitchens w/stainless steel appliances, white hardwood cabinets & quartz countertops. Units also feature a balcony/patio, wood-like tile floors, new carpet in bedrooms, new lighting packages, new paint & trim packages, new 6 panel door packages, sliding barn doors for W/D (included) area & updated baths. Ext renovations included new windows, resurfacing the parking lot (17 stalls) & paint 2018.

5011 157th Avenue Ct E, Sumner

Listing courtesy of John L. Scott, Inc. Selling Office: Multifamily Properties.

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