Sold

Listed by: Real Broker LLC • Charles Burnett

Bought with: Better Properties Real Estate

$995,000

824 Kincaid Avenue #1-6, Sumner, WA 98390

4beds

6baths

3,280sqft

Multi Family

Built in 1929

-- sqft lot

$998,000 Zestimate^®

$303/sqft

$2,741 Estimated rent

Home value

$998,000

$938,000 - $1.07M

$2,741/mo

Zestimate^® history

Owner options

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$2,741/mo

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$2,741/mo

Rent Zestimate^®

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$6,157/mo

Est. payment

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$6,157/mo

Est. payment

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What's special

Modern updatesCorner lotPrime corner lotNew gas heatersFresh exterior paintNew roofWelcoming courtyard

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 6

Heating

Forced Air, Electric, Natural Gas

Cooling

None

Features

Flooring: Ceramic Tile, Laminate
Windows: Thermal Windows
Has fireplace: No

Interior area

Total structure area: 3,280
Total interior livable area: 3,280 sqft

Property

Features

Has view: Yes
View description: Territorial

Lot

Size: 7,200 Square Feet
Features: Corner Lot, Paved, Sidewalk, Value In Land

Details

Parcel number: 7985000750
Zoning description: Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family

Materials

Cement/Concrete
Foundation: Poured Concrete
Roof: Composition

Condition

Average
Year built: 1929
Major remodel year: 1989

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Green energy

Energy efficient items: Thermal Windows

Community & HOA

Community

Subdivision: Downtown Sumner

Location

Region: Sumner

Financial & listing details

Price per square foot: $303/sqft
Annual tax amount: $8,753
Date on market: 11/28/2025
Cumulative days on market: 236 days
Listing terms: Conventional

Price history

Date	Event	Price
2/28/2026	Sold	$995,000-9.5%$303/sqft
Source: NWMLS as distributed by MLS GRID #2423801 Report a problem
12/22/2025	Pending sale	$1,100,000$335/sqft
Source: NWMLS as distributed by MLS GRID #2423801 Report a problem
8/22/2025	Listed for sale	$1,100,000$335/sqft
Source: NWMLS as distributed by MLS GRID #2423801 Report a problem