MLS #2423801 / Listing provided by NWMLS & Real Broker LLC.
$1,100,000
824 Kincaid Avenue
Unit 1-6
Sumner,
WA
98390
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 0
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Composition
- Exterior Features: Cement/Concrete
- Foundation: Poured Concrete
Lot Details
- Lot Features: Corner Lot, Paved, Sidewalk, Value In Land
- Acres: 0.1653
- Foundation: Poured Concrete
Schools
- High School District: Sumner-Bonney Lake
Lot Details
- Lot Features: Corner Lot, Paved, Sidewalk, Value In Land
- Acres: 0.1653
- Foundation: Poured Concrete
Power
- Energy Source: Electric, Natural Gas
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 6300
Sarah Gelman
Broker | REALTOR®
Send Sarah Gelman an email