Courtesy of WeLakeside and NWMLSNWMLS

OverviewEstate Overview - $1,700,000Closed

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470 - 480 S River Avenue,

Buckley, WA 98321

Rare 8-unit value-add opportunity in Buckley featuring two adjacent 4-plexes.All units are 2-bed, 1-bath, 760 sqft, with private balconies.Potentially assumable financing at 4.75% interest with approximately 25.5 years remaining presents a significant advantage against today’s rate! Strong tenant history with long-term occupants all in place for 5+ years, currently all on month-to-month leases at below-market rents—providing immediate upside through rent increases.Each unit is individually metered, creating an opportunity for utility chargebacks, along with additional income from on-site coin-operated laundry.One unit is currently vacant, allowing for owner-occupancy or immediate minimal touch-up to lease at market rents...See More

  • 0 Beds
  • 0 Baths
  • 6080 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,700,000
Listing Date: 05/04/2026
Days on dealty:Was on Dealty for 25 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:1980
Has HOA:No
Status Change Date:May 29, 2026
Pool:No
Cumulative Days on market:3 days
Last Updated:06/29/2026, 10:34:07 PM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Wood
  • Roof: Composition
Flooring
  • Vinyl
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Wood, Wood Products,
Lot Details
  • Lot size: 0.303 Acres / 13200 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Baseboard
Laundry
    --
Parking
  • Garage Spaces: 0

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Kevin Nguyen

(WeLakeside)

MLS # NWM2517605

470 - 480 S River Avenue

Buckley, WA 98321

$1,700,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/470-480-s-river-avenue-buckley-wa-98321
Approx sqft
6080
Year Built
1980
Garage
12
Lot Size
13200 sqft/ 0.304 acres

Rare 8-unit value-add opportunity in Buckley featuring two adjacent 4-plexes. All units are 2-bed, 1-bath, 760 sqft, with private balconies. Potentially assumable financing at 4.75% interest with approximately 25.5 years remaining presents a significant advantage against today’s rate! Strong tenant history with long-term occupants all in place for 5+ years, currently all on month-to-month leases at below-market rents—providing immediate upside through rent increases. Each unit is individually me...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 06/29/2026, 10:34:07 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.