414 Sumner Avenue

414 Sumner Avenue

Sumner, WA 98390

$750,000
Price
2
Beds
3
Baths
2,584 Sq. Ft.
$290 / Sq. Ft.
2,584
Sq. Ft.
$290
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard
a kitchen with a refrigerator and a sink
a bathroom with a sink toilet vanity and tub
a view of a livingroom with a window
a living room with furniture and a window
a view of an empty room
a bedroom with a bed and a window
a bathroom with a toilet sink and mirror
a bathroom with a sink and mirror
a kitchen with sink a window and appliances
an empty room with windows
an empty room with windows
a view of a building with stairs
an aerial view of a house with a ocean view
a view of a city
a view of yard with outdoor seating
a view of a garden with a tree
a backyard of a house with yard and outdoor seating
a view of an empty room with wooden floor
a view of storage and utility room
Listing provided courtesy of John L. Scott, Inc

Description

Located on a quiet street in downtown Sumner this craftsman style triplex has tons of character and charm. Features two renovated one-bedroom units, one with a separate exterior entrance, and a spacious studio. The 860 sqft separately metered unfinished attic w/ 14’ vaulted ceilings offers an opportunity to finish the space for owner occupancy or an additional unit. Large unfinished basement for storage. Current below-market rents can yield significant additional income. 4 parking spaces & ample...Located on a quiet street in downtown Sumner this craftsman style triplex has tons of character and charm. Features two renovated one-bedroom units, one with a separate exterior entrance, and a spacious studio. The 860 sqft separately metered unfinished attic w/ 14’ vaulted ceilings offers an opportunity to finish the space for owner occupancy or an additional unit. Large unfinished basement for storage. Current below-market rents can yield significant additional income. 4 parking spaces & ample off-street parking. Nicely landscaped grounds & well-maintained walkways. Home was completely rewired in 2019; all units on separate electrical & gas meters. Property has mount Rainier views. Don't overlook this exceptional investment opportunity!
  1. Listed by Troy Kerr • John L. Scott, Inc

Property Details for 414 Sumner Avenue

Community Name
Downtown Sumner
School District
Sumner-Bonney Lake
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
05-14-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of John L. Scott, Inc
Add your commute
LISTING UPDATED: 05/21/2024 04:11 PM

Property Details for 414 Sumner Avenue

StatusActive
MLS #2236952
Days on Market19
Cumulative Days on Market19
Taxes$5,679 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.28 AC / 12,016 SF
CountyPierce County

Location

Listing Courtesy of John L. Scott, Inc
Add your commute

Building Information for 414 Sumner Avenue

Stories2Residences3Year Built1900Building Size-Lot Size0.28 AC / 12,016 SF

Payment Calculator

$4,566 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 414 Sumner Avenue

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Gas Available, Outbuildings
  • Area: 74 - Sumner
  • Elementary School: Bonney Lake Elem
  • Middle Or Junior School: Sumner Middle
  • High School: Bonney Lake High
  • Effective Year Built Source: Public Records
  • Directions: From Main St in Downtown Sumner go south on Sumner Ave. Triplex is on Right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Softwood, Vinyl, Carpet
  • Features: Fir/Softwood, Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3756
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Sumner
  • Water Company: City of Sumner
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1970
  • Photos Count: 22
Lot Information
  • Lot Details: Paved, Sidewalk, Value In Land
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9060100633
  • Building Condition: Good
  • Calculated Square Footage: 2584
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2584.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $1,080
  • Total Expenses: 13343
  • Gross Adjusted Income: 41820
  • Gross Rent Multiplier: 17.93
  • Gross Scheduled Income: $41,820
  • Insurance Expense: $2,828
  • Net Operating Income: $28,477
  • Other Expenses: $0
  • Total Monthly Income: 3485
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 900
  • Rent Unit 1: $1,280.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 700
  • Rent Unit 2: $1,200.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 500
  • Rent Unit 3: $1,005.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2104.0
  • Leasable Area Units: Square Feet

Property History for 414 Sumner Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 414 Sumner Avenue

Taxable ValueLand$238,100Additions$310,800Total$548,900
Tax Record2024$5,679 ($473 / month)
Home Facts
Total Finished SqFt1,904 SqFtAbove Ground SqFt1,904 SqFtStories2Lot Size12,016 SqFtStyleTriplexYear Built1900Year Renovated2011ZoningLDR-6CountyPIERCEAPN9060100633

Schools near 414 Sumner Avenue

This home is within Sumner School District.
Rating
School
Type
Grades
Distance
Maple Lawn Elementary School
Public - PK to 5
Sumner Middle School
Public - 6 to 8
Sumner Senior High School
Public - 9 to 12
Tehaleh Heights Elementary School
Public - PK to 5
Rating
School
Distance
Maple Lawn Elementary School
PublicPK to 5

Sumner Middle School
Public6 to 8

Sumner Senior High School
Public9 to 12

Tehaleh Heights Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 414 Sumner Avenue, Sumner, WA 98390

414 Sumner Avenue is a multi-family home for sale in Sumner, WA 98390. This property was listed for sale on May 14, 2024 by John L. Scott, Inc, it's currently listed at $750,000. It has been on the market for a total of 19 days and was last sold on October 13, 2017. This listing's school district is Sumner School District. Nearby schools include Maple Lawn Elementary School, Sumner Middle School and Sumner Senior High School. 414 Sumner Avenue is a 2-bed, 3-bath, 2,584 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.