Listed by Keller Williams Realty
$1,025,000

15912 Elm St E Sumner, WA 98390

Estimated payment $6,221/month

Total Views 2,325
8 Beds
4 Baths
3,728 Sq Ft
$275 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Deck
  • No HOA
  • Sumner Middle School Rated A-
  • Corner Lot
  • Patio

About This Home

Great opportunity to own a well-located 4-plex in the heart of downtown Sumner with a brand new roof. Each unit offers 2 bedrooms and 1 bathroom with desirable features including dishwashers, washer/dryer hookups, fireplaces, individual storage lockers, and covered parking. Situated in a highly sought after downtown location within the Sumner-Bonney Lake School District. Tenants enjoy easy access to freeways, the Sumner Sounder Station, shopping, dining, entertainment, and more. A solid investment with updating/remodeling, fresh paint, new carpets, and strong rental appeal in a prime location.

Listing Agent

Bobby Brown

Keller Williams Realty License #23234 Listed on: 02/17/2026

Keller Williams Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2481592

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,653

Year Built

  • Built in 1983

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,728 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • S P 78 486 Condos
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 9225000129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,653

Year Built

Built in 1983

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1983
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: S P 78-486
  • New Construction: No
  • CalculatedSquareFootage: 3728
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake

Lot Info

  • Parcel Number: 9225000129
  • Lot Size Acres: 0.4071
  • Lot Size Sq Ft: 17735
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • LotNumber: 3

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7200

Tax Info

  • Year: 2025
  • Tax Annual Amount: 10653.29

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric,Wood
  • UnitsBelowGrade: false

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,903 $1,036,000 $277,100 $758,900
2024 $8,903 $910,400 $264,800 $645,600
2023 $8,903 $861,100 $264,800 $596,300
2022 $8,590 $800,300 $290,600 $509,700
2021 $8,012 $608,200 $177,600 $430,600
2019 $5,798 $541,400 $154,800 $386,600
2018 $6,055 $464,500 $132,900 $331,600
2017 $4,797 $428,100 $109,500 $318,600
2016 $4,219 $334,100 $78,100 $256,000
2014 $3,618 $317,000 $81,800 $235,200
2013 $3,618 $275,900 $74,500 $201,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2026 02/17/26 For Sale $1,025,000 +81.4% $275 / Sq Ft
07/13/2018 07/13/18 Sold $564,950 -5.8% $152 / Sq Ft View Prior Sale
06/05/2018 06/05/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $599,950 -- $161 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $564,669 Fidelity National Title
Warranty Deed $389,950 Fidelity National Title Ins
Warranty Deed $2,980,000 Lawyers Title Agency Of Sout
Warranty Deed $203,300 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,713 New Conventional
Previous Owner $292,450 Commercial
Previous Owner $2,650,864 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2481592

Northwest Multiple Listing Service (NWMLS)

APN: 922500-0129

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