Movoto Real Estate
Sold on 04/17/2026
  • Exterior
  • Kitchen
  • Bath
  • Bedroom
  • Other
  • View/Area

414 Sumner Ave, Sumner, WA 98390

$671,000

Last sold 04/17/2026 after 42 Days

  • bed

  • bath

  • 1,904

    Sqft ($352/Sqft)

House not for sale

About 414 Sumner Ave

Property type House
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Property description
Located on a quiet street in downtown Sumner, this Craftsman-style triplex is full of character and charm. The property features two renovated one-bedroom units, one with a separate exterior entrance, and a spacious studio. The 860 sq ft separately metered unfinished attic with 14’ vaulted ceilings offers an excellent opportunity to finish the space for owner occupancy or potentially create an additional unit. There is also a large unfinished basement for storage. Current below-market rents offer strong potential for increased income. The property includes four parking spaces plus ample off-street parking. Enjoy nicely landscaped grounds and well-maintained walkways. The home was completely rewired in 2019, and all units have separate electrical and gas meters. The property also features Mount Rainier views. Don’t miss this exceptional investment opportunity.
Listed by
Listing Agent - Troy Kerr
Listing Office - John L. Scott, Inc
Source: NWMLS mls logo
MLS#2486570 • last updated 5 months ago
Movoto checked NWMLS for data 11 minutes ago
Overview
Cooling/AC None
Heating Forced Air
Levels/Style Triplex
MLS # 2486570
SubType Multi Family
Type Residential Income
SqFt 1904
Status Sold
Lot Size (SqFt) 12016
Lot Size (Acres) 0.2758
Property Tax 6798
Buying Office John L. Scott R.E. Lake Tapps
Year Built 1900
Buying Office Phone 253-863-4406
Condition Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Construction Wood
Parking Desc RV Parking
# Parking Spaces 4
# Uncovered Spaces 4
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Sumner
Water Public
Water Company City Of Summer
Power Company Puget Sound Energy
Power Production: Type Electric, Natural Gas
HOA Amenities Basement
Location
View Territorial
County Pierce
Subdivision Downtown Sumner
Area 74 - Sumner
Elementary School Bonney Lake Elem
Middle School Sumner Middle
High School District Sumner-Bonney Lake
High School Bonney Lake High
APN 9060100633
Directions From Main St In Downtown Sumner Go South On Sumner Ave. Triplex Is On Right.
Multifamily Details
Net Operating Income 30757
Capitalization Rate 4.53
Expense: Insurance 2828
Expense: Electricity 1080
Gross Scheduled Income 44100
Gross Adjusted Income 44100
Total Expenses 14462
Gross Rent Multiplier 15.4
Nwm_Totalmonthlyincome 3485
Lot/ Land Details
Site Features Cable TV, Gas Available, Outbuildings, RV Parking
$646K
Range: $439K-$852K
Last 30 days 
Rental est.: $1,549/month
Gross rent multiplier: 36.1
Powered By Movoto
  • Apr 2026
    mls logo MLS # 2486570
  • Apr 17, 2026 Sold
    $671,000 (-1.3%)
  • Mar 17, 2026 Pending
  • Mar 6, 2026 Listed
    $679,950 (-1.4%)
  • Aug 2025
    mls logo MLS # 2329115
  • Aug 15, 2025 Price Change
    $689,950 (-1.4%)
  • Mar 21, 2025 Price Change
    $699,500 (-2.8%)
  • Feb 20, 2025 Listed
    $719,500
  • Dec 2024
    mls logo MLS # 2236952
  • Dec 7, 2024 Pending
  • Jul 26, 2024 Price Change
    $719,950 (-4.0%)
  • May 14, 2024 Listed
    $750,000 (+108.3%)
  • Oct 2017
    mls logo MLS # 1181959
  • Oct 13, 2017 Sold
    $360,000 (-4.0%)
  • Aug 25, 2017 Listed
    $375,000 (+11.9%)
  • Mar 2017
    mls logo MLS # 1070520
  • Mar 2, 2017 Sold
    $335,000 (+6.3%)
  • Jan 25, 2017 Listed
    $315,000
  • Year Property taxes Tax assessment
  • 2025
    $6,916 +21.8%
    $590,700 +7.62%
  • 2024
    $5,679 +7.8%
    $548,900 +4.93%
  • 2023
    $5,270 -0.8%
    $523,100 +16.5%
  • 2022
    $5,311 +4.8%
    $449,000 +16.78%
  • 2021
    $5,069 +24.5%
    $384,500 +6.33%
  • 2019
    $4,071 -3.9%
    $361,600 +10.95%
  • 2018
    $4,234 +47.7%
    $325,900 +8.92%
  • 2015
    $2,868
    $299,200
  • 414 Sumner Ave
    $671K
  • Sumner
    $645K +4% y/y
  • 98390
    $579K +5% y/y
  • Sumner
    $584K +6% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
421 Sumner Ave, Sumner, WA 98390 $557,000 3/— 1,476 0.02
418 Sumner Ave, Sumner, WA 98390 $733,000 3/2 2,201 0.02
423 Sumner Ave #1, Sumner, WA 98390 $479,000 3/1 1,014 0.02
419 Sumner Ave, Sumner, WA 98390 $549,000 3/— 1,446 0.02
425 Sumner Ave, Sumner, WA 98390 $502,000 3/1 880 0.03
412 Sumner Ave, Sumner, WA 98390 $892,000 3/— 2,984 0.03
422 Sumner Ave, Sumner, WA 98390 $599,000 2/1 1,234 0.03
407 Sumner Ave, Sumner, WA 98390 $583,000 3/— 1,657 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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