Listed by Skyline Properties, Inc.
$1,250,000

520 Sumner Ave Unit 524 Sumner, WA 98390

Estimated payment $7,535/month

Total Views 269
7 Beds
5 Baths
3,640 Sq Ft
$343 Price per Sq Ft

Highlights

  • Mountain View
  • Wood Flooring
  • No HOA
  • Maple Lawn Elementary School Rated A-
  • Corner Lot
  • 2-minute walk to Loyalty Park

About This Home

One-of-a-kind 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.

Listing Agent

Aaron Wright

Skyline Properties, Inc. License #118677 Listed on: 09/04/2025

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2427953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,309

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Property Views

  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Outbuilding

Schools

  • Maple Lawn Elementary School
  • Sumner Middle School
  • Sumner Snr High School

Utilities

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

Community Details

  • No Home Owners Association
  • Downtown Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9060100470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,309

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1958
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3640
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 5

Interior Features

  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco, Wood
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner
  • WaterSewerGarbage: 8882

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sumner-Bonney Lake
  • High School: Sumner Snr High
  • Middle Or Junior School: Sumner Middle

Lot Info

  • Parcel Number: 9060100470
  • Lot Size Acres: 0.2997
  • Lot Size Sq Ft: 13056
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14.57
  • LeasedItems: None
  • TotalMonthlyIncome: 7150

Multi Family

  • Gross Scheduled Income: 85800
  • Net Operating Income: 57132
  • Number Of Units Total: 5
  • Insurance Expense: 3253
  • Leasable Area: 3640
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9309

MLS Schools

  • Elementary School: Maple Lawn Elem

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

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $1,250,000 -- $343 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2427953

Northwest Multiple Listing Service (NWMLS)