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$1,400,000

  • Sold
  • Closed
  • Multi-Family

Listed by Dennis Folk | Terrafin | (253) 466-3736
Sold by Scott Fladseth | Skyline Properties, Inc.

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An irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These well-maintained adjacent buildings offer sharing access, a generous parking area, carports w/storage lockers plus more off street parking. Community laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Slider to outside covered patio. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. Zoning is High Density Residential (HDR) with a maximum density of 25 dwelling units per acre.

Full Property Details for 506 -508 Cherry Ave

General

  • Sold For: $1,400,000
  • Taxes: $18,410 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2318458
  • Added to Site: 381 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Cable TV, High Speed Internet, RV Parking

Parking

  • Carport Spaces: 7
  • Uncovered Spaces: 4
  • Parking Features: RV Parking

Location

  • Area: 74 - Sumner
  • County: Pierce
  • Subdivision: Downtown Sumner
  • Building Name: Snyder's Addition
  • Driving Directions: From SR 167 go E on SR 410. Take 1st exit onto Traffic Ave/Main St. Left at light onto Main. Right at next light onto Thompson Ave. 3rd right onto Cherry Ave. 1st drive on right accesses all buildings

School Information

  • High School District: Sumner-Bonney Lake
  • Elementary School: Buyer To Verify
  • Middle School: Sumner Middle
  • High School: Sumner Snr High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 6,347
  • Year Built: 1968

Unit Information

  • Units in Building: 6

Lot Features

  • Property View: Mountain(s), Partial
  • Lot Size (Acres): 0.656
  • Lot Size (Sq. Ft.): 28,575
  • Lot Size Source: county records
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $18,410.12
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, Owner Financing

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 7710000034

Listed by Dennis Folk | Terrafin | (253) 466-3736
Sold by Scott Fladseth | Skyline Properties, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 506 -508 Cherry Ave

School District:Sumner School District
NameGradesDistance
Maple Lawn Elementary School
230 Wood Avenue, Sumner, WA 98390
K-50.6 mi
Sumner Middle School
1508 Willow Street, Sumner, WA 98390
6-80.4 mi
Sumner Senior High School
1707 Main Street, Sumner, WA 98390
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 -508 Cherry Ave

Date
Details
Price
Change
Source
8/01/2025
Sold
$1,400,000
-9.68%
MLS
5/20/2025
Price Reduced
$1,550,000
-8.82%
MLS
2/23/2025
Price Reduced
$1,699,990
-5.56%
MLS
1/01/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Dennis Folk | Terrafin | (253) 466-3736
Sold by Scott Fladseth | Skyline Properties, Inc.

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506 -508 Cherry Avenue, Sumner, WA 98390 (MLS# 2318458) is a Multi-Family property that was sold at $1,400,000 on August 01, 2025. Want to learn more about 506 -508 Cherry Avenue? Do you have questions about finding other Multi-Family real estate for sale in Sumner? You can browse all Sumner real estate or contact a Coldwell Banker agent to request more information.