Emma Lazo

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Listing provided courtesy of Keller Williams RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2481592MLS Provider

15912 Elm Street ESumner, WA 98390

Multi-Family · 8 Beds · 3,728 Sq. ft. | 0.41 Acres
$1,025,000 Active

15912 Elm Street E Overview

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Great opportunity to own a well-located 4-plex in the heart of downtown Sumner with a brand new roof. Each unit offers 2 bedrooms and 1 bathroom with desirable features including dishwashers, washer/dryer hookups, fireplaces, individual storage lockers, and covered parking. Situated in a highly sought after downtown location within the Sumner-Bonney Lake School District. Tenants enjoy easy access to freeways, the Sumner Sounder Station, shopping, dining, entertainment, and more. A solid investment with updating/remodeling, fresh paint, new carpets, and strong rental appeal in a prime location.

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15912 Elm Street E Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,728
  • Price/Sq.ft. $275
  • Lot 0.41 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Sumner-Bonney Lake

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 86400
  • Insurance Expense: 0
  • Net Operating Income: 61826
  • Total Expenses: 20253.29
  • Total Monthly Income: 7200
  • Water/Sewer/Garbage: 9600

Building Information

  • Building Name: S P 78-486
  • New Construction: No
  • Year Built: 1983

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 74 - Sumner
  • Subdivision Name: Downtown Sumner

Tax Information

  • Tax Annual Amount: $10,653.29
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 9225000129
  • Possible Use: Multi-Family
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3728
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3728
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 3728
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Wood
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 9
  • Parking Uncovered Total: 5

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved
  • Lot Size Acres: 0.4071
  • Lot Size Square Feet: 17735
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 4
  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1850
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1850
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1850
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1900
  • Beds Total: 2
  • Baths Total: 1

15912 Elm Street E Neighborhood

Community

98390 (Bonney Lake) Demographics

39
Median Age
1,131
Population Density (per sq. mile)
38%
College Educated
$70,374
Estimated Median Income
2,474
Estimated Total Home Owners
2,195
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15912 Elm Street E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15912 Elm Street E Market Data

Based on the last 30 days in this zip code

$632,478
Average List Price
$317
Average Price per Square Foot
12
Properties Sold
63
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

15912 Elm Street E History

Date Event Value Agent
2/17/2026Source: NWMLS Added to Database
February 17, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021