Movoto Real Estate
Sold on 04/17/2020

15906 Elm St E, Sumner, WA 98390

  • $1,612,289

    Last sold 04/17/2020 for $1.02M

  • bed

  • bath

  • 6,400

    Sqft ($161/Sqft)

House not for sale
Learn about Sumner's top local Real Estate agents

About 15906 Elm St E

Property type House
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 0.4 Acre
Movoto estimate
Property description
Opportunity of a life time to own a high-end money maker! Each unit is 1,600 sq ft, 3 bedrooms, 2.25 baths, master is complete w/ en-suite. All have been totally remodeled to include modern finishes, fresh paint, new trim, new appliances, updated electrical, plumbing & fresh exterior paint. Each unit includes private washer/dryer, dishwasher & additional storage. 5.16% cap rate with under market value rents! With a fantastic rental history, this is an opportunity that you won't want to overlook!
Listed by
Listing Agent - David MacPhail
Listing Office - Redfin Corp.
Source: NWMLS mls logo
MLS#1551436 • last updated 1 year ago
Movoto checked NWMLS for data 22 minutes ago
Overview
Levels/Style Quadruplex
MLS # 1551436
SubType Multi-Family
Type Residential Income
SqFt 6400
Status Sold
Lot Size (SqFt) 17220
Lot Size (Acres) 0.3953
Property Tax 8732
Buying Office Coldwell Banker Danforth
Year Built 1978
Buying Office Phone 800-945-4110
Condition Very Good
Interior
Exterior
Foundation Slab
Roof Composition
# Open Parking Spaces 8
# Parking Spaces 8
# Uncovered Spaces 8
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Sumner
Water Public
Water Company City Of Sumner
Power Company PSE
Power Production: Type Electric
Security Features PartiallyFenced
HOA Amenities Thermal Windows
Location
County Pierce
Subdivision Sumner
Area 74 - Sumner
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Sumner
High School Buyer To Verify
APN 9225000115
Zoning Multi-Family
Multifamily Details
Net Operating Income 60679
Capitalization Rate 5.16
Expense: Insurance 1800
Gross Scheduled Income 75900
Gross Adjusted Income 79500
Total Expenses 18821
Gross Rent Multiplier 15
Nwm_Totalmonthlyincome 6625
Lot/ Land Details
Site Features Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings
$1.61M
Range: $1.45M-$1.77M
Last 30 days 
Rental est.: $1,596/month
Gross rent multiplier: 53.6
Powered By Movoto
  • Apr 2020
    Public Records
  • Apr 17, 2020 Sold
    $1,027,500
  • Apr 2020
    mls logo MLS # 1551436
  • Apr 17, 2020 Sold
    $1,027,500 (-12.6%)
  • Jan 3, 2020 Listed
    $1,175,000 (+79.0%)
  • Jun 2007
    Public Records
  • Jun 27, 2007 Sold
    $656,550
  • Jun 2007
    mls logo MLS # 27010262
  • Jun 27, 2007 Sold
    $656,550 (-2.7%)
  • Jan 16, 2007 Listed
    $675,000
  • 15906 Elm St E
    $1.02M
  • 74 - Sumner
  • 98390
    $570K -4% y/y
  • Sumner
    $579K -5% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Daffodil Valley Elementary School
public Grades PK, K-5
Sumner School District
8/10
Sumner Middle School
public Grades 6-8
Sumner School District
7/10
Sumner Senior High School
public Grades 9-12
Sumner School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 74 - Sumner

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Sumner, WA

Nearby homes for sale in Sumner, WA

Newest listings in 98390

  • Real Estate
  • WA
  • Pierce County
  • Sumner
  • 98390
  • 15906 Elm St E
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by NWMLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All listings featuring the "three tree" icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS).
DMCA Notice
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.