Great value-add 4 plex opportunity here in Buckley! All units are 2-bed, 1-bath, 760 sqft, with private balconies. Potentially assumable loan at 4.75% interest with approximately 25.5 years remaining. Strong tenant history with long-term occupants, currently all on month-to-month leases at below-market rents, offering immediate upside potential. Each unit is individually metered, providing an opportunity for utility chargebacks—additional income from coin-op laundry. Adjacent 4-plex at 480 S River Ave is also available, offering a rare 8-unit portfolio opportunity! The seller prefers to sell both properties together.
Sold
Listed by: WeLakeside • Kevin Nguyen
Bought with: Person Real Estate Group LLC
$825,000
470 S River Avenue, Buckley, WA 98321
8beds
4baths
3,040sqft
Quadruplex
Built in 1980
-- sqft lot
$-- Zestimate®
$271/sqft
$3,490 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,490/mo
Zestimate® history
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Private balconies
Zillow last checked:
Listing updated:
Listed by:
Kevin Nguyen,
WeLakeside
Bought with:
Brennan Sallstrom, 23015496
Person Real Estate Group LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2517706
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,040
- Total interior livable area: 3,040 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Lot
- Size: 6,599 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 9540100371
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Wood Siding, Wood Products
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Buckley
Location
- Region: Buckley
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $639,100
- Annual tax amount: $7,163
- Date on market: 6/25/2026
- Cumulative days on market: 4 days
- Listing terms: Assumable,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $825,000-2.9%$271/sqft |
Source:  NWMLS as distributed by MLS GRID #2517706 Report a problem | ||
| 5/8/2026 | Pending sale | $850,000$280/sqft |
Source: NWMLS as distributed by MLS GRID #2517706 Report a problem | ||
| 5/4/2026 | Listed for sale | $850,000+1.2%$280/sqft |
Source: NWMLS as distributed by MLS GRID #2517706 Report a problem | ||
| 10/7/2021 | Sold | $840,000-1.2%$276/sqft |
Source: NWMLS as distributed by MLS GRID #1813798 Report a problem | ||
| 9/5/2021 | Pending sale | $849,950+139.4%$280/sqft |
Source: NWMLS as distributed by MLS GRID #1813798 Report a problem | ||
| 4/11/2019 | Listing removed | $1,095 |
Source: Zillow Rental Manager Report a problem | ||
| 4/4/2019 | Listed for rent | $1,095 |
Source: Zillow Rental Manager Report a problem | ||
| 11/16/2005 | Sold | $355,000+56.4%$117/sqft |
Source: Public Record Report a problem | ||
| 6/14/2002 | Sold | $227,000+20.2%$75/sqft |
Source: Public Record Report a problem | ||
| 2/1/2001 | Sold | $188,875-30%$62/sqft |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $270,000$89/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,960 +12.2% | $639,100 +10% |
| 2023 | $5,314 +2.6% | $581,000 |
| 2022 | $5,181 -1.7% | $581,000 +15% |
| 2021 | $5,272 +4.1% | $505,200 +10% |
| 2019 | $5,063 -0.2% | $459,300 +4% |
| 2018 | $5,073 +32.4% | $441,700 +15% |
| 2017 | $3,831 +5.3% | $384,100 +51% |
| 2016 | $3,638 | $254,400 +11.1% |
| 2014 | $3,638 +6% | $228,900 +6.2% |
| 2013 | $3,433 | $215,500 +3.9% |
| 2012 | -- | $207,500 -14.6% |
| 2011 | -- | $243,000 -5.2% |
| 2010 | -- | $256,300 |
Find assessor info on the county website
Neighborhood: 98321
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Nearby schools
GreatSchools rating
- 7/10Elk Ridge Elementary SchoolGrades: K-5Distance: 0.9 mi
- 6/10Glacier Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10White River High SchoolGrades: 9-12Distance: 2.1 mi
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- Washington
- Pierce County
- Buckley
- 98321
- 470 S River Avenue
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