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.
Active
Listed by:
Charles Burnett,
Real Broker LLC
$1,100,000
824 Kincaid Avenue #1-6, Sumner, WA 98390
4beds
6baths
3,280sqft
Est.:
Multi Family
Built in 1929
-- sqft lot
$1,058,400 Zestimate®
$335/sqft
$-- HOA
What's special
Modern updatesCorner lotPrime corner lotNew gas heatersFresh exterior paintNew roofWelcoming courtyard
- 115 days |
- 313 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: August 25, 2025 at 08:34am
Listed by:
Charles Burnett,
Real Broker LLC
Source: NWMLS,MLS#: 2423801
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Ceramic Tile, Laminate
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 3,280
- Total interior livable area: 3,280 sqft
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,200.47 Square Feet
- Features: Corner Lot, Paved, Sidewalk, Value In Land
Details
- Parcel number: 7985000750
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1929
- Major remodel year: 1989
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Downtown Sumner
Location
- Region: Sumner
Financial & listing details
- Price per square foot: $335/sqft
- Annual tax amount: $8,753
- Date on market: 8/20/2025
- Cumulative days on market: 189 days
- Listing terms: Conventional
Estimated market value
$1,058,400
$1.01M - $1.11M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Listed for sale | $1,100,000$335/sqft |
Source:  NWMLS #2423801 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,672/mo
Principal & interest
$5480
Property taxes
$807
Home insurance
$385
Climate risks
Neighborhood: 98390
Nearby schools
GreatSchools rating
- 7/10Daffodil Valley Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 8/10Sumner Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Sumner Senior High SchoolGrades: 9-12Distance: 0.5 mi
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