480 S River Avenue Buckley, WA $ 850,000
480 S River Avenue
$ 850,000
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480 S River Avenue

Buckley, WA, 98321
$ 850,000
Baths0.0 Sq 3,040

Monthly Estimate*

$ 5,234

Listed by WeLakeside
480 S River Avenue, Buckley, WA 98321 - Image 1
Studio

Multi-Family Home for sale in Buckley, WA

for $850,000. This 3,040 square foot home was built in 1980 on a lot size of 0.1515.

Great value-add 4 plex opportunity here in Buckley! All units are 2-bed, 1-bath, 760 sqft, with private balconies. Potentially assumable loan at 4.75% interest with approximately 25.5 years remaining. Strong tenant history with long-term occupants, currently all on month-to-month leases at below-market rents, offering immediate upside potential. Each unit is individually metered, providing an opportunity for utility chargebacks—additional income from coin-op laundry. Adjacent 4-plex at 470 S River Ave is also available, offering a rare 8-unit portfolio opportunity! The seller prefers to sell both properties together.

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Multi-Family Pending

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,163

Style

4-Plex

Lot Size

0.1515

Year Built

1980

Town/City

Buckley

County/Region

Pierce

MLS | Web ID

2517698

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1980
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 51933
Insurance Expense 1144
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Buckley
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions Hwy 410 E turn right on wheeler ave then right on river ave.
City Buckley
Senior Community Y/N N
High School District White River
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 111 - Buckley/South Prairie
Lot Size Units Square Feet
Lot Size Square Feet 6600
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Conventional
Tax Annual Amount 7163
Electric Expense 600
Fuel Expense 0
Public Remarks Great value-add 4 plex opportunity here in Buckley! All units are 2-bed 1-bath 760 sqft with private balconies. Potentially assumable loan at 4.75% interest with approximately 25.5 years remaining. S
Leasable Area 6080
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 9360
Property Style 54 - 4-Plex
Cap Rate 6.1
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Slab
Building Area Total 3040
Lot Size Acres 0.1515
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2517698
Street Number 1 480
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* Excluded Features
List By
Kevin Nguyen

Listing Agent

Welakeside

Broker

Affordability Calculator

$5,831
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
258177 Elementary School
256876 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$850,000 Listed Price

Map


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480 S River Avenue, Buckley, WA, 98321 is a Multi-Family Home for sale at $850,000 with 3,040 sqft and a lot size of 0.1515. 480 S River Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 98321 which is in Buckley, WA