470 S River Avenue, Buckley, WA 98321

Buckley
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: kevin nguyen
Office: welakeside
MLS#:2517605
Source:NWMLS
470 S River Avenue,Buckley, WA 98321
$1,700,000
  • - Beds
  • - Baths
  • 6,080 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$279.61

About this home

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!

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Home facts

  • Year built:1980
  • Listing ID #:2517605
  • Updated:May 14, 2026 at 01:06 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:6,080 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Building area:6,080 sq. ft.
  • Lot area:0.3 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$279.61
  • Tax amount:$14,326 (2026)

Parking

  • Total parking spaces:12
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