470 - 480 S River Avenue, Buckley, WA 98321

Property Description

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!

Listing Status:

Pending

Data Last Updated:

May 20, 2026 at 8:21PM

Listing Office:

WeLakeside : 425-246-1453

Listing Agent:

Kevin Nguyen : 425-246-1453

MLS ID:

2517605

Interior

• Flooring: VinylCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: Parking spaces: 12

Construction

• Roofing: Composition
• General: 54 - 4-PlexSlab

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: White River
• County: Pierce

Lot

• Zoning: 9540100371

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls