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$995,000
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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.
Full Property Details
Full Property Details for 824 Kincaid Ave #1-6
General
- Sold For: $995,000
- Taxes: $8,753 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2423801
- Added to Site: 197 day(s) ago
Interior
- Flooring: Ceramic Tile, Laminate
Location
- Area: 74 - Sumner
- County: Pierce
- Subdivision: Downtown Sumner
- Driving Directions: Kincaid Ave
School Information
- High School District: Sumner-Bonney Lake
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 3,280
- Year Built: 1929
- Property Condition: Average
Unit Information
- Units in Building: 6
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.1653
- Lot Size (Sq. Ft.): 7,200
- Lot Size Source: PR
- Lot Features: Corner Lot, Paved, Sidewalk, Value In Land
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $8,753
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 7985000750
Listed by Charles Burnett | Real Broker LLC | (855) 450-0442
Sold by Mark Hulen | Better Properties Real Estate
Get Pre-Approved Today
Schools
Schools serving 824 Kincaid Ave #1-6
School District:Sumner School District
| Name | Grades | Distance |
|---|---|---|
Maple Lawn Elementary School 230 Wood Avenue, Sumner, WA 98390 | K-5 | 0.7 mi |
Sumner Middle School 1508 Willow Street, Sumner, WA 98390 | 6-8 | 0.6 mi |
Sumner Senior High School 1707 Main Street, Sumner, WA 98390 | 9-12 | 0.5 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 824 Kincaid Ave #1-6
Date
Details
Price
Change
Source
2/28/2026
Sold
$995,000
-9.55%
MLS
8/21/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
824 Kincaid Avenue #1-6, Sumner, WA 98390 (MLS# 2423801) is a Multi-Family property that was sold at $995,000 on February 28, 2026. Want to learn more about 824 Kincaid Avenue #1-6? 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.

