Listed by Skyline Properties, Inc., Bought with Better Properties Real Estate
$1,000,000
SOLD APR 30, 2026

520 Sumner Ave Unit 524 Sumner, WA 98390

7 Beds
5 Baths
3,640 Sq Ft
0.3 Acres Lot

Sale Details

Date Sold: April 30, 2026

$275 Per Sq Ft

20% Below List Price

Highlights

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

About This Home

As of April 2026

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.

Last Agent to Sell the Property

Aaron Wright

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

Skyline Properties, Inc.

Last Buyer's Agent

Mark Hulen

Better Properties Real Estate License #50093

Better Properties Real Estate

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

  • 13,056 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

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

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
  • 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

0.3 Acres

Listing Details

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

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: Mountains, 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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Furnace
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sumner
  • WaterCompany: City of Sumner

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
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13.4
  • LeasedItems: None
  • TotalMonthlyIncome: 7150

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9309

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Maple Lawn Elem
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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 List to Sale Price per Sq Ft
04/30/2026 04/30/26 Sold $1,000,000 -13.0% $275 / Sq Ft
02/05/2026 02/05/26 Pending -- -- --
12/04/2025 12/04/25 Price Changed $1,150,000 -4.2% $316 / Sq Ft
11/04/2025 11/04/25 Price Changed $1,200,000 -4.0% $330 / Sq Ft
09/04/2025 09/04/25 For Sale $1,250,000 -- $343 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2427953

Northwest Multiple Listing Service (NWMLS)
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