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About the Listing 6529 - 36996
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.
Listing Highlights for 824 Kincaid Avenue 1-6
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
2423801
Year Built
1929
Total Square Footage
2,975
Lot/Acreage
0.17
Interior Details
- Bedrooms: 4
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Paved,Sidewalk,Value In Land
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: Cement/Concrete,Average
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $8,753
- Taxes w/Assessments: N/A
- Tax/Property ID: 7985000750
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
824 Kincaid Avenue 1-6 Sumner, WA 98390
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