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$1,150,000

  • For Sale
  • Active
  • Multi-Family

Listed by Aaron Wright | Skyline Properties, Inc. | (253) 604-6000

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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.

Full Property Details for 520 Sumner Ave #524

General

  • Price: $1,150,000
  • Taxes: $9,309 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2427953
  • Updated: 12/4/2025
  • Added to Site: 134 day(s) ago

Interior

  • Flooring: Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Cable TV, Gas Available, High Speed Internet, Outbuildings

Parking

  • Carport Spaces: 4

Location

  • Area: 74 - Sumner
  • County: Pierce
  • Subdivision: Downtown Sumner
  • Driving Directions: From WA-167 S: Take WA-410 E exit toward Sumner/Yakima. Exit toward E Main/Traffic Ave. L onto E Main Ave. R onto Thompson St. Building on corner of Thompson St and Sumner Ave.

School Information

  • High School District: Sumner-Bonney Lake
  • Elementary School: Maple Lawn Elem
  • 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.: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 3,640
  • Year Built: 1958
  • Property Condition: Good

Unit Information

  • Units in Building: 5

Lot Features

  • Property View: Mountain(s), Territorial
  • Lot Size (Acres): 0.2997
  • Lot Size (Sq. Ft.): 13,056
  • Lot Size Source: Public Records
  • Lot Features: Corner Lot, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $9,309
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 9060100470

Listed by Aaron Wright | Skyline Properties, Inc. | (253) 604-6000

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Schools serving 520 Sumner Ave #524

School District:Sumner School District
NameGradesDistance
Maple Lawn Elementary School
230 Wood Avenue, Sumner, WA 98390
K-50.4 mi
Sumner Middle School
1508 Willow Street, Sumner, WA 98390
6-80.3 mi
Sumner Senior High School
1707 Main Street, Sumner, WA 98390
9-120.5 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 520 Sumner Ave #524 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$1,150,000
-4.17%
MLS
11/04/2025
Price Reduced
$1,200,000
-4%
MLS
9/04/2025
Listed
$1,250,000
106.71%
MLS
11/08/2017
Sold
$604,719
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 520 Sumner Ave #524

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,309
5%
$795,400
-8%
2024
$8,906
3%
$861,400
—
2023
$8,670
-2%
$861,400
15%
2022
$8,851
8%
$749,000
20%
2021
$8,222
-3%
$624,200
—
2020
$8,455
19%
$624,200
10%
2019
$7,081
41%
$567,400
60%
2018
$5,005
15%
$353,800
10%
2017
$4,356
11%
$321,700
10%
2016
$3,937
-3%
$292,400
—
2014
$4,040
—
$292,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Aaron Wright | Skyline Properties, Inc. | (253) 604-6000

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520 Sumner Avenue #524, Sumner, WA 98390 (MLS# 2427953) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 520 Sumner Avenue #524 is currently listed for $1,150,000 and was received on September 04, 2025. Want to learn more about 520 Sumner Avenue #524? 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.

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