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$1,230,000   Price Analysis
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2367 S Yakima Ave
Tacoma, WA 98405
Unknown bed None bath 3,226 SqFt ($381/SqFt)
2,523SqFt lot. Built 2024
Listed 2024-03-11
Ⓧ USDA Ineligible
due to price & location

near Tacoma

CONTEMPORARY CONSTRUCTION 4 plex (built as 2 duplexes)

* Sale Pending *

W/ a 12 year tax abatement, $7050/mth and a proven design! This 'golden goose' features incredibly cost efficient and rentable units w/ each unit offering full-size washers/dryers, extra insulation, Milgard windows, eff ductless mini-split heat and AC, tested systems for easy turn-overs and stylish finishes commonly used in million dollar homes --trim package, doors, quartz, stainless appliances, commercial vinyl plank floors, pre-cast concrete stairs and metal rals.

Two bdrms feature 2.5 bths, an open flr plan, an ensuite in each bdrm and Mt Rainier/City views. One bdrms are highly affordable & rentable w/ a full size kitchen & bath. Immediate cash flow & zero deferred maintenance. BY AP PT ONLY!


Presented by Ryan Meacham at
Windermere Chambers Bay.
Listing Agent Photo

Property MLS #2206989 from NWMLS

Wall to Wall Carpet
Flooring: Vinyl Plank, Wall to Wall Carpet

Cooling Features: Ductless HP-Mini Split
Heating Features: Ductless HP-Mini Split, Wall
Heating Fuel: Electric
Heating: Yes

Cement Planked

Lot Description: Alley, Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.0579201
Lot Size Square Feet: 2523

Open Parking Spaces: 2
Open Parking: Yes
Parking Total: 2

View: City, Mountain, Territorial
Green Energy Efficient: Thermal Windows
Security Features: FullyFenced

Energy Package
Thermal Windows

Gross Scheduled Income: 84600
Leasable Area: 3226
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2.5
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2.5
Unit-1 Description: A
Unit-2 Description: B
Unit-3 Description: C
Unit-4 Description: D
Unit-1 Square Feet: 504
Unit-2 Square Feet: 1114
Unit-3 Square Feet: 494
Unit-4 Square Feet: 1114
Unit 1 Total Actual Rent: 1350
Unit 2 Total Actual Rent: 1950
Unit 3 Total Actual Rent: 1350
Unit 4 Total Actual Rent: 1950

High School District: Tacoma

Mccarver is a public elementary school located approximately 0.2 miles away.
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Jason Lee is a public middle school located approximately 1.5 miles away.
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Stadium is a public high school located approximately 1.9 miles away.
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Christian Brotherhood Academy is a private elementary school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1975
Source Listing Status: Pending
Country Region: US
County: Pierce
Cap Rate: 6.1
Directions: From S 25th & Tacoma Ave S (Tacoma's Brewery District), proceed west on S 25th up the hill, Rt on G St, 1st left on Court G St to the subject 4 unit on your left. OK to park behind 4 plex.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1936
Area: 30 - Central Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 202315-008-2
Street Suffix Modifier: Avenue
Subdivision: Tacoma
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5

Listed 2024-03-11
$1,230,000
NWMLS

Net Operating Income: 74689
Operating Expense: 9911

Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 3226
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
New Construction: Yes
Property Condition: Very Good
Roof: Composition
Building Total Stories: 3
Structure Type: Quadruplex
House Style: 4Plex
Elevation Units: Feet
Year Built Effective: 2024
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.