$645,000 Price Analysis    ♡   Tacoma, WA 98444 Unknown bed None bath 2,101 SqFt ($306/SqFt) 9,000SqFt lot. Built 1965 Listed 2024-03-07, Taxes $5,777 | Ⓧ USDA Ineligible due to location near Tacoma |
Add to your investment portfolio today!
6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen and living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring and new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand Brand new water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, county and state rental rules apply. Onsite property manager. Buyer to verify all info. Grat locatio n!
Close to PLU, JBLM, restaurants, shopping & bus line.
Presented by Mataya Lewis at
Icon Group.
Property MLS #2207841 from NWMLS
Laminate
Flooring: Laminate, Wall to Wall Carpet
Heating Features: Baseboard, Forced Air
Heating Fuel: Electric
Heating: Yes
Wood Products
Lot Size Acres: 0.2066116
Lot Size Square Feet: 9000
Open Parking: Yes
Parking Total: 6
High School: Buyer To Verify
High School District: Franklin Pierce
Middle School: Buyer To Verify
Map directions Map directions Map directions Map directionsLeasable Area: 2076
Leasable Area Units: Square Feet
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Description: #1/Office
Unit-2 Description: #2
Unit-3 Description: #3
Unit-4 Description: #4
Unit-5 Description: #5
Unit-1 Square Feet: 672
Unit-2 Square Feet: 357
Unit-3 Square Feet: 315
Unit-4 Square Feet: 336
Unit-5 Square Feet: 396
Unit 1 Total Actual Rent: 1150
Unit 2 Total Actual Rent: 860
Unit 3 Total Actual Rent: 875
Unit 4 Total Actual Rent: 800
Unit 5 Total Actual Rent: 900
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 6.3
Directions: GPS friendly
Tax Year: 2023
Other Expense: 1237
Source Property Type: Multi-Family
Possible Use: Commercial, Multi-Family, Residential
Insurance Expense: 3704
Area: 63 - Parkland
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 6260001101
Street Suffix Modifier: Street
Subdivision: Tacoma
Zoning: Commercial, MultiFamily,
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $350,500 + $165,000 $515,500 | $5,777 |
| 2022 | $295,700 + $143,300 $439,000 | $5,496 |
| 2021 | $252,900 + $109,400 $362,300 | $4,871 |
| 2020 | $219,300 + $90,500 $309,800 | $4,439 |
| 2019 | $191,400 + $77,300 $268,700 | $3,545 |
| 2018 | $168,700 + $49,900 $218,600 | $3,805 |
| 2017 | $152,500 + $43,400 $195,900 | $3,570 |
| 2016 | $132,300 + $43,400 $175,700 | $3,283 |
| 2015 | $130,600 + $39,900 $170,500 | $3,291 |
| 2014 | $119,700 + $36,400 $156,100 | $3,095 |
| 2013 | $112,200 + $33,500 $145,700 | $2,926 |
| 2012 | $114,600 + $43,400 $158,000 | $2,579 |
| 2011 | $117,800 + $60,800 $178,600 | $2,634 |
| 2010 | $133,400 + $71,200 $204,600 | $2,678 |
| 2008 | $134,000 + $82,500 $216,500 | $2,728 |
| 2007 | $138,700 + $82,500 $221,200 | $2,686 |
$645,000
NWMLS
Price Changed 2024-04-30
$680,000
NWMLS
Listed 2024-03-07
$699,999
NWMLS
Sold 1993-09-21
$139,900
Public Record
Sold 1992-09-30
$102,500
Public Record
Sold 1981-08-06
$65,000
Public Record
Operating Expense: 20325
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 59
Roof: Built-Up, Flat
Building Total Stories: 1
Structure Type: Multi Family
House Style: 5-9 Units
Elevation Units: Feet
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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.