824 Kincaid AVE #1-6, Sumner, WA 98390
Listed by:Real Broker LLC • Charles Burnett
Bought with: Better Properties Real Estate
$995,000
Est. payment /mo
$1,100,000
9.5%
Est.Price: ?

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4 Beds
6 Baths
3,280 SqFt
SOLD DATE : 02/28/2026

Key Details

Sold Price $995,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $303

Subdivision Downtown Sumner

MLS Listing ID 2423801

Sold Date 02/28/26

Style 55 - 5-9 Units

Bedrooms 4

Year Built 1929

Annual Tax Amount $8,753

Lot Size 7,200 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Pierce

Area 74 - Sumner

Interior

Flooring Ceramic Tile, Laminate

Fireplace false

Exterior

Exterior Feature Cement/Concrete

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Sumner-Bonney Lake

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

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Northwest MLS (NWMLS)

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Karissa Miller

Karissa Miller

+1(253) 250-1524

Real Estate Broker | License ID: 114755

Real Estate Broker License ID: 114755

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