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  • Listed by: Terrafin • Dennis Folk
    Bought with: Skyline Properties, Inc.
    $1,400,000

    506 -508 Cherry Avenue, Sumner, WA 98390

    --beds
    --baths
    6,347sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $1,377,500 Zestimate®
    $221/sqft
    $2,421 Estimated rent

    Home value

    $1,377,500

    $1.28M - $1.47M

    $2,421/mo

    Zestimate® history
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    $8,677/mo

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    What's special

    Covered patioOff street parkingGenerous parking area
    An irreplaceable piece of real estate in the heart of downtown Sumner. Simultaneous sale of a single story solid brick 4-plex & 2 story duplex ideal to all renters. These well-maintained adjacent buildings offer sharing access, a generous parking area, carports w/storage lockers plus more off street parking. Community laundry room serves all. 3 Units are 2 Bd/1Bath and 1 unit is 3 Bd/1.5 Bath. Slider to outside covered patio. Duplex has main floor 1 bed/1 bath + upstairs 3 bed/1.75 bath unit has own laundry & spacious deck with Mt. Rainier views! Large 2+car garage. Prime location close to shopping, dining, Sounder station & Loyalty Park. Zoning is High Density Residential (HDR) with a maximum density of 25 dwelling units per acre.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dennis Folk,

    Terrafin

    Bought with:

    Michael Fladseth, 125802

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2318458MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air, Wall Unit(s), Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 6,347
    • Total interior livable area: 6,347 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: RV Parking
    • Carport spaces: 7
    • Uncovered spaces: 4
    Features
    • Has view: Yes
    • View description: Partial
    Lot
    • Size: 0.66 Acres
    • Features: Curbs, Paved, Sidewalk, Cable TV, High Speed Internet, RV Parking
    Details
    • Parcel number: 7710000034
    • Zoning description: Residential,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1968
    • Major remodel year: 1982

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Sumner
    • Water: Public, Company: City of Sumner

    Community & HOA

    Community
    • Subdivision: Downtown Sumner
    Location
    • Region: Sumner

    Financial & listing details

    • Price per square foot: $221/sqft
    • Annual tax amount: $18,410
    • Date on market: 3/10/2025
    • Cumulative days on market: 383 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    8/1/2025Sold$1,400,000-9.7%$221/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem
    7/10/2025Pending sale$1,550,000$244/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem
    5/20/2025Price change$1,550,000-8.8%$244/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem
    5/5/2025Pending sale$1,699,990$268/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem
    2/24/2025Price change$1,699,990-5.6%$268/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem
    1/1/2025Listed for sale$1,800,000$284/sqft
    Source: NWMLS as distributed by MLS GRID #2318458 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98390

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Sumner Middle
    • High: Sumner Snr High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,377,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,377,500