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Listed by:WeLakeside • Kevin Nguyen
$ 850,000
Est. payment /mo
New
470 S River AVE Buckley, WA 98321
8 Beds
4 Baths
3,040 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $279
Subdivision Buckley
MLS Listing ID 2517706
Style 54 - 4-Plex
Bedrooms 8
Year Built 1980
Annual Tax Amount $7,163
Lot Size 6,600 Sqft
Property Sub-Type Multi Family
Property Description
Great value-add 4 plex opportunity here in Buckley! All units are 2-bed, 1-bath, 760 sqft, with private balconies. Potentially assumable loan at 4.75% interest with approximately 25.5 years remaining. Strong tenant history with long-term occupants, currently all on month-to-month leases at below-market rents, offering immediate upside potential. Each unit is individually metered, providing an opportunity for utility chargebacks—additional income from coin-op laundry. Adjacent 4-plex at 480 S River Ave is also available, offering a rare 8-unit portfolio opportunity! The seller prefers to sell both properties together.
Location
State WA
County Pierce
Area 111 - Buckley/South Prairie
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District White River
Others
Senior Community No
Acceptable Financing Assumable, Cash, Conventional, FHA
Listing Terms Assumable, Cash, Conventional, FHA
"Three Trees" icon indicates a listing provided courtesy of NWMLS.