OFF MARKET

Listed by Ken Crotts • John L. Scott, Inc. Bought with John L. Scott, Inc.

Off market aug 2015 for $325K

—

Est. refi paymentEst. refi $2,101/mo

•

3,600

sq ft

1503 Academy St, Sumner, WA 98390

About this home

Invest in your future! Put your money to work with this impeccably well maintained 4-plex. Original owner. Excellent location - just a short walk to the Sounder Station! This property will help put your retirement on track with stable, long term tenants in addition to the potential to raise rents! A classic investment in the heart of a growing city. Longevity + stability + reliability = an incredible financial opportunity! Imagine the possibilities! Going, going, gone!

Multi-familyProperty Type

1959Year Built

0.32 acresLot Size

$90Price/Sq.Ft.

8 spacesParking

Listed by Ken Crotts • John L. Scott, Inc

Bought with Ken Crotts • John L. Scott, Inc

Redfin checked: a few seconds ago

•Source:NWMLS as Distributed by MLS Grid #811436

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 98390, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.0%

0.3% MoM

Median sale price

$557K

$32K MoM

Avg. days on market

28d

6 days MoM

Recently sold homes

6 MoM

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VIDEO TOUR
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Provided by Redfin

Sale history for 1503 Academy St

Date

Event

Price

Aug 31, 2015

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #811436

$325,000

$90/sq ft

Aug 7, 2015

Pending

NWMLS as Distributed by MLS Grid #811436

—

Aug 4, 2015

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #811436

—

Aug 3, 2015

Relisted (Active)

NWMLS as Distributed by MLS Grid #811436

—

Jul 20, 2015

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #811436

—

Jul 6, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #811436

$350,000

$97/sq ft

Jun 22, 1984

Sold

Public Records

$60,000

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$11,493 (+11.4%)

$262,800 + $703,900

$966,700

2025

$10,317 (+20.8%)

$262,800 + $703,900

$966,700

2024

$8,539 (+10.7%)

$248,700 + $632,900

$881,600

2023

$7,713 (−6.1%)

$248,700 + $577,200

$825,900

2022

$8,214 (+5.0%)

$273,000 + $493,100

$766,100

2021

$7,821 (+5.6%)

$219,900 + $475,100

$695,000

2020

$7,404 (+28.8%)

$166,800 + $426,900

$593,700

2019

$5,750 (−5.3%)

$143,800 + $402,700

$546,500

2018

$6,069 (+26.5%)

$101,800 + $327,300

$429,100

2017

$4,799 (+6.8%)

$101,800 + $327,300

$429,100

2016

$4,495 (+5.7%)

$84,800 + $269,700

$354,500

2015

$4,253 (+10.0%)

$72,600 + $261,400

$334,000

2014

$3,865 (+7.5%)

$76,000 + $243,600

$319,600

2013

$3,595 (−7.7%)

$69,200 + $210,600

$279,800

2012

$3,896 (−2.6%)

$65,000 + $183,700

$248,700

2011

$4,001 (−5.6%)

$85,500 + $217,700

$303,200

2010

$4,238 (+0.5%)

$108,300 + $229,400

$337,700

2009

$4,218

$128,900 + $265,900

$394,800

Tax history for 1503 Academy St

Year

Property tax

Land + Additions

Assessment*

2026

$11,493 (+11.4%)

$262,800 + $703,900

$966,700

2025

$10,317 (+20.8%)

$262,800 + $703,900

$966,700

2024

$8,539 (+10.7%)

$248,700 + $632,900

$881,600

2023

$7,713 (−6.1%)

$248,700 + $577,200

$825,900

2022

$8,214 (+5.0%)

$273,000 + $493,100

$766,100

2021

$7,821 (+5.6%)

$219,900 + $475,100

$695,000

2020

$7,404 (+28.8%)

$166,800 + $426,900

$593,700

2019

$5,750 (−5.3%)

$143,800 + $402,700

$546,500

2018

$6,069 (+26.5%)

$101,800 + $327,300

$429,100

2017

$4,799 (+6.8%)

$101,800 + $327,300

$429,100

2016

$4,495 (+5.7%)

$84,800 + $269,700

$354,500

2015

$4,253 (+10.0%)

$72,600 + $261,400

$334,000

2014

$3,865 (+7.5%)

$76,000 + $243,600

$319,600

2013

$3,595 (−7.7%)

$69,200 + $210,600

$279,800

2012

$3,896 (−2.6%)

$65,000 + $183,700

$248,700

2011

$4,001 (−5.6%)

$85,500 + $217,700

$303,200

2010

$4,238 (+0.5%)

$108,300 + $229,400

$337,700

2009

$4,218

$128,900 + $265,900

$394,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

14,106

Year renovated

1984

Sq. Ft.

3,600

Year built

1959

Style

Multi-Family (2-4 Unit)

County

Pierce County

APN

7370000100

Parking Spaces

Basement

Accessible

Yes

HOA Dues

—

Garage

Features

—

Last updated by owner on Sep 18, 2025.

LDR-6

Low Density Residential District

The purpose of this district is to stabilize and preserve low density residential neighborhoods, to create a stable and satisfying environment for family life and to prevent intrusions by incompatible land uses.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Carport Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Hardwood, Wall to Wall Carpet
Flooring: Hardwood, Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $1,226
Net Operating Income: $16,969
Gross Adjusted Income: 16969
Gross Scheduled Income: $26,160
Total Monthly Income: 2180
Gross Rent Multiplier: 13
Total Expenses: 2180

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 6
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Brick

Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: Realist
Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.3238
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $3,866
Tax Year: 2014

Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: Sumner Utilities
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: Sumner Utilities
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 4099

Location

School Information
Elementary School: Daffodil Vly Elem
Middle Or Junior High School: Sumner Middle
High School: Sumner Snr High
High School District: Sumner

Location Information
Directions: From State Route 410 E/WA-410 E toward Sumner/Yakima, Take the E Main ramp toward Traffic Ave., Turn left onto Main Ave., Turn right onto Thompson St., Take the 2nd right onto Academy St.

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 3,600
Stories: 1.0
Parking Spaces: 8
Basement: No
Accessible: Yes
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1959
Year Renovated: 1984
County: Pierce County
APN: 7370000100
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Sep 18, 2025

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, July 6, 2015

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3084
Building Area Total: 3084
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Quadruplex
Stories Total: 1

Around this home

Schools

K - 12
Preschool & daycare

Maple Lawn Elementary School

Public PreK-5 • Assigned • 0.5mi

9/10

Sumner Middle School

Public 6-8 • Assigned • 0.5mi

9/10

Sumner Senior High School

Public 9-12 • Assigned • 0.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 89° expected this year, 16 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

9 unhealthy days expected this year, 11 days in 30 years

Provided by First Street

Historical weather

Sumner, WA • 98390

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

1.7 hrs

JuneDecember

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