Sumner, WA 98390 414 Sumner Avenue
$689,950
17 more
Presented By: John L. Scott, Inc and NWMLS
- MLS# 2329115
- 02/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,584
Home Details
Located on a quiet street in downtown Sumner, this craftsman style triplex is full of character & charm. Property features three one bed units which have been recently renovated. An 860 sq. ft. separately metered attic w/ 14’ vaulted ceilings provides an excellent opportunity to create a 4th rentable unit or finish the space for owner occupancy. Lrg basement offers ample storage. Current below market rents present strong potential for increased income. Property includes 4 parking spaces plus abundant off-street parking. Recent updates include complete rewiring with all units separately metered for gas and electricity. Enjoy Mount Rainier views from this unique property. An outstanding investment opportunity in a highly desirable location.
Presented By: John L. Scott, Inc and NWMLS
Interior Features for 414 Sumner Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringSoftwood, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 414 Sumner Avenue
AmenitiesBasement
Building Area UnitsSquare Feet
Building NameThompsons L F Rep # 1
Cap Rate3.8
Carport Spaces
Carport Y/NNo
CitySumner
CoolingNone
CountyPierce
DirectionsFrom Main St in Downtown Sumner go south on Sumner Ave. Triplex is on Right.
Electric Expense1080
Elementary SchoolBonney Lake Elem
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High SchoolBonney Lake High
High School DistrictSumner-Bonney Lake
Insurance Expense2828
Leasable Area2104
Listing TermsCash Out, Conventional
Lot Size Square Feet12016
Lot Size UnitsSquare Feet
MLS Area74 – Sumner
Middle/Junior High SchoolSumner Middle
ModificationTimestamp2025-08-27T01:43:10.753Z
NWM_ShowMapLinkY
Net Operating Income28477
New ConstructionNo
Number Of Units Total3
Open Parking Spaces4
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family, Residential
Property ConditionGood
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksLocated on a quiet street in downtown Sumner, this craftsman style triplex is full of character & charm. Property features three one bed units which have been recently renovated. An 860 sq. ft. separa
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameDowntown Sumner
Tax Annual Amount5679
Tax Year2024
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water CompanyCity of Sumner
Water Sewer Garbage3756
Year Built1900
Zoning DescriptionMulti-Family, Residential
Exterior for 414 Sumner Avenue
Building Area Total2584
Covered Spaces
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk, Value In Land
Lot Size Acres0.2758
Parking Uncovered Spaces4
Site FeaturesCable TV, Gas Available, Outbuildings
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Sumner Middle
High School
Bonney Lake High
Elementary School
Bonney Lake Elem
Josh QA1
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