Sumner, WA 98390,824 Kincaid AVE #1-6
Sumner, WA 98390,824 Kincaid AVE #1-6
Sumner, WA 98390,824 Kincaid AVE #1-6
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Molly Haines

Molly Haines

+1(206) 498-4137
Listed by Real Broker LLC Charles Burnett 
$1,100,000
Est. payment /mo
4 Beds
6 Baths
3,280 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $335

Subdivision Downtown Sumner

MLS Listing ID 2423801

Style 55 - 5-9 Units

Bedrooms 4

Year Built 1929

Annual Tax Amount $8,753

Lot Size 7,200 Sqft

Property Sub-Type Multi Family

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.

Location

State WA

County Pierce

Area 74 - Sumner

Interior

Flooring Ceramic Tile, Laminate

Fireplace false

Exterior

Exterior Feature Cement/Concrete

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Sumner-Bonney Lake

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

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Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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824 Kincaid AVE #1-6