470 – 480 S River Avenue, Buckley, WA 98321 (MLS # 2517605)

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Listing provided courtesy of Northwest MLS; WeLakeside

PRICE $1,700,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,080 sqft
LOT SIZE 13,199 sqft
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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. Multifamily inventory in Buckley is extremely limited, making it a rare opportunity to add this to your long-term portfolio!

LAST UPDATED 5/4/2026 TRACT Buckley
YEAR BUILT 1980 COMMUNITY Buckley
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 111 - Buckley/South Prairie
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 0.303 acre(s)
LOT DESCRIPTION Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 2
STYLE 54 - 4-Plex
SUBDIVISION Buckley
TAXES 14326
UTILITIES Sewer Connected
WATER Public
ZONING Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/6/26 2:19 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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