824 Kincaid Avenue # 1-6 Sumner, WA $ 1,100,000
824 Kincaid Avenue # 1-6
$ 1,100,000
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824 Kincaid Avenue # 1-6

Sumner, WA, 98390
$ 1,100,000
Baths0.0 Sq 3,280

Monthly Estimate*

$ 6,863

Listed by Real Broker LLC
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Studio

Multi-Family Home for sale in Sumner, WA

for $1,100,000. This 3,280 square foot home was built in 1929 on a lot size of 0.1653.

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.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,753

Style

5-9 Units

Lot Size

0.1653

Year Built

1929

Town/City

Sumner

County/Region

Pierce

MLS | Web ID

2423801

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1929
View Territorial
Unit Number 1-6
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 66041
Insurance Expense 2200
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Downtown Sumner
Special Listing Conditions None
Status Active
Directions Kincaid Ave
City Sumner
Senior Community Y/N N
High School District Sumner-Bonney Lake
Open Parking Spaces 0
Number Of Units Total 6
MLS Area 74 - Sumner
Lot Size Units Square Feet
Lot Size Square Feet 7200
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 8753
Electric Expense 750
Fuel Expense 0
Property Condition Average
Public Remarks 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 a
Leasable Area 3280
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 6300
Property Style 55 - 5-9 Units
Cap Rate 6
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Corner Lot Paved Sidewalk Value In Land
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 3280
Lot Size Acres 0.1653
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Ceramic Tile Laminate
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2423801
Street Number 1 824
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* Excluded Features
List By
Charles Burnett

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$7,592
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,863
Monthly Property Taxes
$729
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3108145 Elementary School
3108144 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/22/2025$1,100,000 Listed Price

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824 Kincaid Avenue # 1-6, Sumner, WA, 98390 is a Multi-Family Home for sale at $1,100,000 with 3,280 sqft and a lot size of 0.1653. 824 Kincaid Avenue # 1-6 is a studio with 0.0 baths and was built in 1929. The property's zip code is 98390 which is in Sumner, WA