Date
Details
Price
Change
Source
5/04/2026
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,700,000 Just Listed
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Property Description
Rare 8-unit value-add opportunity in Buckley featuring two adjacent 4-plexes. All units are 2-bed, 1-bath, 760 sqft, with private balconies. Potentially assumable financing at 4.75% interest with approximately 25.5 years remaining presents a significant advantage against today's rate! Strong tenant history with long-term occupants all in place for 5+ years, currently all on month-to-month leases at below-market rents-providing immediate upside through rent increases. Each unit is individually metered, creating an opportunity for utility chargebacks, along with additional income from on-site coin-operated laundry. One unit is currently vacant, allowing for owner-occupancy or immediate minimal touch-up to lease at market rents. Multifamily inventory in Buckley is extremely limited, making it a rare opportunity to add this to your long-term portfolio!
Full Property Details
Full Property Details for 470 - 480 S River Ave
General
- Price: $1,700,000
- Taxes: $14,326 (2026)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2517605
- Updated: 5/4/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Parking
- Uncovered Spaces: 12
Location
- Area: 111 - Buckley/South Prairie
- County: Pierce
- Subdivision: Buckley
- Driving Directions: Hwy 410 E, turn right on wheeler ave, then right on river ave.
School Information
- High School District: White River
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood, Wood Products
- Foundation: Slab
- Roof: Composition
- Stories in Building: 2
- Square Feet: 6,080
- Year Built: 1980
Unit Information
- Units in Building: 8
Lot Features
- Lot Size (Acres): 0.303
- Lot Size (Sq. Ft.): 13,200
- Lot Size Source: Realist
- Lot Features: Curbs, Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $14,326
- Tax Year: 2026
- Terms: Assumable, Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 9540100371
Listed by Kevin Nguyen | WeLakeside | (425) 246-1453
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Schools
Schools serving 470 - 480 S River Ave
School District:White River School District
| Name | Grades | Distance |
|---|---|---|
Elk Ridge Elementary School 340 White River Park Road, Buckley, WA 98321 | PK-5 | 0.9 mi |
Glacier Middle School, Buckley, WA 240 C Street, Buckley, WA 98321 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 470 - 480 S River Ave
Estimate the Cost
Estimate the Cost for 470 - 480 S River Ave
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,580Sq. Ft.
Listed by Masab El-Himri | Premier Real Estate Partners and Victoria Rukodaynaya | Premier Real Estate Partners
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,087Sq. Ft.
Listed by Kappie Durr | Redfin
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,888Sq. Ft.
Listed by Hao N. Dang | Windermere Real Estate/East
- Single Family
- Active
- Updated 5 hours ago
- 5Beds
- 3Total Baths
- 2,860Sq. Ft.
Listed by Ron Mezek | Skyline Properties, Inc.
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,574Sq. Ft.
Listed by Cal Farrah | Premier Real Estate Partners
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,040Sq. Ft.
Listed by Todd V. Huizenga | KW Mountains to Sound Realty and Trent Huizenga | KW Mountains to Sound Realty
- Land Residential
- Active
- Updated 21 hours ago
- 2.04Acres
Listed by Anthony Giglio | ListWithFreedom.com
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 3,050Sq. Ft.
Listed by Leah Hamer | Better Properties Real Estate
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,379Sq. Ft.
Listed by Mark W. Johnson | Keller Williams Rty Tacoma
Sold by Kate Humpherys | John L. Scott, Inc. and Bradley Hanson | John L. Scott, Inc.
Sold by Kate Humpherys | John L. Scott, Inc. and Bradley Hanson | John L. Scott, Inc.
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,000Sq. Ft.
Listed by Todd V. Huizenga | KW Mountains to Sound Realty and Trent Huizenga | KW Mountains to Sound Realty
Sold by Evan Leonard | Redfin
Sold by Evan Leonard | Redfin
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,570Sq. Ft.
Listed and Sold by Juli Bergquist | Keller Williams Realty
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 6,090Sq. Ft.
Listed by Michael Morrison | Morrison House Sotheby's Intl
Sold by Beth Traverso | Keller Williams Eastside
Sold by Beth Traverso | Keller Williams Eastside
470 - 480 S River Avenue, Buckley, WA 98321 (MLS# 2517605) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 470 - 480 S River Avenue is currently listed for $1,700,000 and was received on May 04, 2026. Want to learn more about 470 - 480 S River Avenue? Do you have questions about finding other Multi-Family real estate for sale in Buckley? You can browse all Buckley real estate or contact a Coldwell Banker agent to request more information.