520 Sumner Ave, Unit 524

Sumner, WA 98390

$1,150,000
Price
7
Beds
5
Baths
3,640 Sq. Ft.
$316 / Sq. Ft.
3,640
Sq. Ft.
$316
per Sq. Ft.
an aerial view of residential houses with outdoor space
a front view of a house with a yard
a white house with palm trees in front of it
a front view of a house with a yard
a front view of a house with a yard and garage
a front view of a house with a yard
a car parked in front of house
an aerial view of houses with yard
an aerial view of houses with outdoor space
an aerial view of a house with a big yard
an aerial view of a house with a swimming pool
an aerial view of multiple house
an aerial view of residential houses with outdoor space
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
wooden floor in an empty room with a window
a view of wooden floor and a chandelier in a room
a kitchen with a refrigerator and a stove top oven
a kitchen with stainless steel appliances a sink cabinets and wooden floor
a view of an empty room
a view of a park
Listing provided courtesy of Skyline Properties, Inc.

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...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.
  1. Listed by Aaron Wright • Skyline Properties, Inc.

Property Details for 520 Sumner Avenue, Unit 524

Community Name
Downtown Sumner
School District
Sumner-Bonney Lake
View
Mountain(s), Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
09-04-2025
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 12/10/2025 02:58 PM

Property Details for 520 Sumner Avenue, Unit 524

StatusActive
MLS #2427953
Days on Market111
Cumulative Days on Market111
Taxes$9,309 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.30 AC / 13,056 SF
CountyPierce County

Location

Listing Courtesy of Skyline Properties, Inc.
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Building Information for 520 Sumner Avenue, Unit 524

Stories1Residences5Year Built1958Building Size-Lot Size0.30 AC / 13,056 SF

Payment Calculator

$6,458 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,683

Property Taxes

$776

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 520 Sumner Avenue, Unit 524

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Gas Available, High Speed Internet, Outbuildings
  • Area: 74 - Sumner
  • Elementary School: Maple Lawn Elem
  • Middle Or Junior School: Sumner Middle
  • High School: Sumner Snr High
  • Effective Year Built Source: Public Records
  • 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.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8882
  • Power Company: PSE
  • Sewer Company: City of Sumner
  • Water Company: City of Sumner
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1985
  • Photos Count: 20
Lot Information
  • Lot Details: Corner Lot, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 9060100470
  • Building Condition: Good
  • Calculated Square Footage: 3640
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3640.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 1
  • Unit Number: 524
  • Vacancy Rate: 1
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 27810
  • Gross Adjusted Income: 84942
  • Gross Rent Multiplier: 13.4
  • Gross Scheduled Income: $85,800
  • Insurance Expense: $3,253
  • Net Operating Income: $57,132
  • Other Expenses: $6,366
  • Total Monthly Income: 7150
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 520
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 870
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1212
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1208
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 680
  • Rent Unit 3: $1,150.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1204
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 640
  • Rent Unit 4: $1,400.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 524
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 650
  • Rent Unit 5: $1,150.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3640.0

Property History for 520 Sumner Avenue, Unit 524

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Price Change

NWMLS #2427953

$1,150,000—
Nov 4, 2025

Price Change

NWMLS #2427953

$1,200,000—
Sep 4, 2025

Listed (Active)

NWMLS #2427953

$1,250,000—
Nov 8, 2017

Sold (Public Record)

Public Record #609004425

$605,000

+4.7% / yr

Aug 9, 2005

Sold (Public Record)

Public Record #162389807

$345,000—
DateEvent & SourcePrice
12/04/2025

Price Change

NWMLS #2427953

$1,150,000
11/04/2025

Price Change

NWMLS #2427953

$1,200,000
09/04/2025

Listed (Active)

NWMLS #2427953

$1,250,000
11/08/2017

Sold (Public Record)

Public Record #609004425

$605,000

+4.7% / yr

08/09/2005

Sold (Public Record)

Public Record #162389807

$345,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 Sumner Avenue, Unit 524

Taxable ValueLand$407,100Additions$388,300Total$795,400
Tax Record2025$9,309 ($776 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Ground SqFt3,000 SqFtStories1Lot Size13,056 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1985ZoningLDR-6CountyPIERCEAPN9060100470

Schools near 520 Sumner Avenue, Unit 524

This home is within Sumner School District.
Rating
School
Type
Grades
Distance
Maple Lawn Elementary School
Public - PK to 5
Sumner Middle School
Public - 6 to 8
Sumner Senior High School
Public - 9 to 12
Tehaleh Heights Elementary School
Public - PK to 5
Rating
School
Distance
Maple Lawn Elementary School
PublicPK to 5

Sumner Middle School
Public6 to 8

Sumner Senior High School
Public9 to 12

Tehaleh Heights Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 520 Sumner Avenue, Unit 524, Sumner, WA 98390

520 Sumner Avenue, Unit 524 is a multi-family home for sale in Sumner, WA 98390. This property was listed for sale on September 4, 2025 by Skyline Properties, Inc., it's currently listed at $1,150,000. It has been on the market for a total of 111 days and was last sold on November 8, 2017. This listing's school district is Sumner School District. Nearby schools include Maple Lawn Elementary School, Sumner Middle School and Sumner Senior High School. 520 Sumner Avenue, Unit 524 is a 7-bed, 5-bath, 3,640 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 07:11 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.