470 S River Avenue, Buckley, WA 98321

$825,000
3,040
SqFt

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Listing Broker: WeLakeside; Kevin Nguyen; ; Selling Office: Person Real Estate Group LLC.

Sold Price
$825,000
List Price
$850,000
Status
SOLD
Closing Date
May 29, 2026
MLS#
2517706
Subtype
Residential Income
Style
54 - 4-Plex
Year Built
1980
Living Area
3,040
Lot Size
6,600
Acres
0.15
Subdivision
Buckley
Neighborhood
Buckley
MLS Area Major
Buckley/South Prairie

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.

Additional Information

Amenities
Coin Op Laundry
Exterior Features
Wood, Wood Products
Property Description
54 - 4-Plex
Flooring
Vinyl, Carpet
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
White River
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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