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$1,000,000
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Property Description
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
Full Property Details for 520 Sumner Ave #524
General
- Sold For: $1,000,000
- Taxes: $9,309 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2427953
- Added to Site: 263 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 Furnace
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: Mountains, 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, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 9060100470
Listed by Aaron Wright | Skyline Properties, Inc. | (253) 604-6000
Sold by Mark Hulen | Better Properties Real Estate
Get Pre-Approved Today
Schools
Schools serving 520 Sumner Ave #524
School District:Sumner School District
| Name | Grades | Distance |
|---|---|---|
Maple Lawn Elementary School 230 Wood Avenue, Sumner, WA 98390 | K-5 | 0.4 mi |
Sumner Middle School 1508 Willow Street, Sumner, WA 98390 | 6-8 | 0.3 mi |
Sumner Senior High School 1707 Main Street, Sumner, WA 98390 | 9-12 | 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 520 Sumner Ave #524
Date
Details
Price
Change
Source
4/30/2026
Sold
$1,000,000
-13.04%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
520 Sumner Avenue #524, Sumner, WA 98390 (MLS# 2427953) is a Multi-Family property that was sold at $1,000,000 on April 30, 2026. 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.

