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.
Sold
Listed by: Skyline Properties, Inc.
Bought with: Better Properties Real Estate
$1,000,000
520 Sumner Avenue #524, Sumner, WA 98390
7beds
5baths
3,640sqft
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$275/sqft
$4,687 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,687/mo
Zestimate® history
Owner options
List your home for rent
$4,687/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,687/mo
Rent Zestimate®
Refinance and save
$6,054/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,054/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
New windowsBeautiful landscaping
Zillow last checked:
Listing updated:
Listed by:
Aaron Wright,
Skyline Properties, Inc.
Bought with:
Mark Hulen, 50093
Better Properties Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2427953
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air, Wall Furnace, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Hardwood, Laminate, Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,640
- Total interior livable area: 3,640 sqft
Property
Parking
- Total spaces: 4
- Carport spaces: 4
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 0.30 Acres
- Features: Corner Lot, Paved, Sidewalk, Cable TV, Gas Available, High Speed Internet, Outbuildings
Details
- Parcel number: 9060100470
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Stucco, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1958
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Sumner
- Water: Public, Company: City of Sumner
Community & neighborhood
Location
- Region: Sumner
- Subdivision: Downtown Sumner
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 155 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $1,000,000-13%$275/sqft |
Source:  NWMLS as distributed by MLS GRID #2427953 Report a problem | ||
| 2/5/2026 | Pending sale | $1,150,000$316/sqft |
Source: NWMLS as distributed by MLS GRID #2427953 Report a problem | ||
| 12/4/2025 | Price change | $1,150,000-4.2%$316/sqft |
Source: NWMLS as distributed by MLS GRID #2427953 Report a problem | ||
| 11/4/2025 | Price change | $1,200,000-4%$330/sqft |
Source: NWMLS as distributed by MLS GRID #2427953 Report a problem | ||
| 9/5/2025 | Listed for sale | $1,250,000+106.7%$343/sqft |
Source: NWMLS as distributed by MLS GRID #2427953 Report a problem | ||
| 11/14/2017 | Sold | $604,719+75.3%$166/sqft |
Source: Public Record Report a problem | ||
| 8/9/2005 | Sold | $345,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,309 +4.5% | $795,400 -7.7% |
| 2023 | $8,906 +2.7% | $861,400 |
| 2022 | $8,670 -2% | $861,400 +15% |
| 2021 | $8,851 +25% | $749,000 +20% |
| 2019 | $7,081 +41.5% | $624,200 +10% |
| 2018 | $5,005 +14.9% | $567,400 +60.4% |
| 2017 | $4,356 +11.9% | $353,800 +21% |
| 2016 | $3,892 | $292,400 |
| 2014 | $3,892 -7.9% | $292,400 |
| 2013 | $4,225 | $292,400 |
| 2011 | -- | $292,400 -3.9% |
| 2010 | -- | $304,400 |
Find assessor info on the county website
Neighborhood: 98390
Nearby schools
GreatSchools rating
- 9/10Maple Lawn Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 9/10Sumner Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Sumner Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Maple Lawn Elem
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Washington
- Pierce County
- Sumner
- 98390
- 520 Sumner Avenue Unit 524
Nearby cities
Nearby zip codes
Other Sumner Topics
