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$499,999   Price Analysis
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4028 S Puget Sound Ave
Tacoma, WA 98409
Unknown bed None bath 2,060 SqFt ($242/SqFt)
3,250SqFt lot. Built 2004
Listed 2024-04-30, Taxes $5,026
Ⓧ USDA Ineligible
due to location

near Tacoma

Don't miss this fantastic investment opportunity at 4028 S Puget sound ave

* Sale Pending *

Tacoma, WA! This duplex offers a total of 4 bedrooms and 2 bathrooms (2 bedroom 1 bathroom units), providing flexibility and potential for a savvy investor or someone looking for a house hack. The property features carpet and vinyl floors, dishwasher, refrigrator and range. Each unit comes with their own garage. Tenants pay for their own utilities. With a total lot size of 3250 square feet, this is an excellent chance to invest in a versatile property. Close to major freeways. !

4 neighboring duplexes also available. Unit A is month to month. Great for a first time home buyer looking for someone to cover half of their mortgage.


Presented by Inderveer Basra at
Every Door Real Estate.


Property MLS #2230455 from NWMLS

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

Heating Features: Baseboard, Wall
Heating Fuel: Electric
Heating: Yes

Wood
Wood Products

Covered Spaces: 2
Open Parking Spaces: 2
Open Parking: Yes
Parking Total: 4

Lot Description: Alley, Paved Street, Sidewalk
Lot Size Acres: 0.0746097
Lot Size Square Feet: 3250

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Tacoma
Middle School: Buyer To Verify

Reed is a public elementary school located approximately 1.1 miles away.
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Angelo Giaudrone Middle School is a public middle school located approximately 1.2 miles away.
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Foss is a public high school located approximately 1.5 miles away.
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Visitation Catholic School is a private elementary and middle school located approximately 1.1 miles away.
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Gross Scheduled Income: 37440
Leasable Area: 2060
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Description: 4028 A
Unit-2 Description: 4028 B
Unit-1 Square Feet: 1001
Unit-2 Square Feet: 1001
Unit 1 Total Actual Rent: 1475
Unit 2 Total Actual Rent: 1645

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5665
Source Listing Status: Pending Inspection
Country Region: US
County: Pierce
Cap Rate: 5.1
Directions: From S. Tacoma Way go East on S. 43rd St. 2 blocks to Puget Sound Ave. turn left
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 1388
Area: 47 - South Tacoma
List Development Name: Tacoma Mall
Source Neighborhood: Tacoma Mall
Parcel Number: 2890000561
Street Suffix Modifier: Avenue
Subdivision: Tacoma Mall
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$326,100 + $157,900
$484,000
$5,026
2022$311,800 + $115,300
$427,100
$4,897
2021$263,400 + $86,700
$350,100
$4,400
2020$267,300 + $69,800
$337,100
$4,571
2019$233,300 + $61,000
$294,300
$3,825
2018$202,800 + $44,000
$246,800
$3,899
2017$183,200 + $35,700
$218,900
$3,526

Price Changed 2024-05-28
$499,999
NWMLS
Price Changed 2024-05-15
$549,990
NWMLS
Listed 2024-04-30
$595,000
NWMLS
Sold 2005-01-14
$304,362
Public Record
Sold 2004-02-20
$95,072
Public Record

Net Operating Income: 30387
Operating Expense: 7053

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

Building Area Total: 2060
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 20
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet

Security Features: FullyFenced
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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.