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Sold on 12/06/2019

1817 54th Stct Stct E, Sumner, WA 98390

  • $1,160,912

    Last sold 12/06/2019 for $721K

  • —

    bed

  • —

    bath

  • 4,440

    Sqft ($162/Sqft)

House not for sale
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About 1817 54th Stct Stct E

Property type House
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 10,450 Sqft
Movoto estimate
Property description
Check out this centrally located Downtown Sumner townhome style 4 plex! Solid investment with great rental history & long term tenants in 3 of 4 units! Each unit is 2 generously sized bedrooms, 1.5 bath, kitchen, big living room & washer/ dryer in unit. Rents are below market, will increase on Jan 1st & cap to 7.5%. Walking distance to everything downtown Sumner has to offer; Sounder train, antique stores, night market, parades, concerts, parks, great coffee, amazing restaurants & much more!
Listed by
Listing Agent - Spencer Gray
Listing Office - John L. Scott R.E. Lake Tapps
Source: NWMLS mls logo
MLS#1537455 • last updated 1 year ago
Movoto checked NWMLS for data 20 minutes ago
Overview
Levels/Style Quadruplex
MLS # 1537455
SubType Multi-Family
Type Residential Income
SqFt 4440
Status Sold
Lot Size (SqFt) 10450
Lot Size (Acres) 0.2399
Property Tax 5494
Buying Office Windermere Real Estate/PSR Inc
Year Built 1977
Buying Office Phone 425-235-7777
HOA Fee Annually, 0
Condition Remodeled
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Composition
Construction Standard Frame
# Open Parking Spaces 6
# Parking Spaces 6
# Uncovered Spaces 6
Amenities / Utilities
Sewer/ Septic Sewer Connected, Sumner
Water Public
Water Company Sumner
Power Company PSE
Power Production: Type Electric, Wood
Location
View Territorial
County Pierce
Subdivision Sumner
Area 73 - Sumner
Elementary School Daffodil Vly Elem
Middle School Sumner Middle
High School District Sumner
High School Sumner Snr High
APN 967000-001-8
Zoning Residential
Multifamily Details
Net Operating Income 43754
Capitalization Rate 6.24
Expense: Insurance 954
Gross Scheduled Income 51000
Gross Adjusted Income 51000
Total Expenses 7254
Gross Rent Multiplier 16
Nwm_Totalmonthlyincome 4250
Vacancy Rate 5
Lot/ Land Details
Site Features Cable TV, High Speed Internet, Patio
$1.16M
Range: $1.04M-$1.27M
Last 30 days 
Rental est.: $1,574/month
Gross rent multiplier: 38.2
Powered By Movoto
  • Dec 2019
    mls logo MLS # 1537455
  • Dec 6, 2019 Sold
    $721,000 (+3.0%)
  • Nov 1, 2019 Listed
    $699,999 (+77.2%)
  • Jan 2005
    mls logo MLS # 24152901
  • Jan 22, 2005 Sold
    $395,000
  • Nov 10, 2004 Listed
    $395,000
  • 1817 54th Stct Stct E
    $721K
  • 73 - Sumner
    —
  • 98390
    $569K -5% y/y
  • Sumner
    $569K -7% y/y
No chart available
Statistics calculated by Movoto

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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 73 - Sumner

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