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$440,000   Price Analysis
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5408 McKinley Ave Unit 5410
Tacoma, WA 98404
Unknown bed None bath 1,912 SqFt ($230/SqFt)
6,000SqFt lot. Built 1941
Listed 2024-07-19, Taxes $4,224
Ⓧ USDA Ineligible
due to location

near Tacoma

Rare investment opportunity!!

* Sale Pending *

The duplex ( possible triplex) you've been waiting for in a residential neighborhood!! Whether you're an investor seeking a property with lucrative rental opportunities or a homeowner looking to generate additional income, this duplex is a glden opportunity. It's like a triplex with a 3rd electrical service to garage, Possible ADU! With a total of 1, 912+sqft of rentable space, 2 car garage, each unit offers 2 bedrooms and 1 bath with individual laundry hookups, a fenced backyard and a low-maintenance yard ensuring comfort and convenience and separate entrances.

Commuting is a breeze, connecting effortlessly to Tacoma and beyond. Explore a myriad of nearby amenities, including shopping, restaurants and schools.


Presented by Valerie Verburg at
Keller Williams Realty Bothell.
Listing Agent Photo

Property MLS #2266826 from NWMLS

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

Heating Features: Wall
Heating Fuel: Electric
Heating: Yes

Wood

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

Lot Description: Alley, Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.137741
Lot Size Square Feet: 6000

View: Territorial
Security Features: PartiallyFenced

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

Sheridan is a public elementary school located approximately 0.1 miles away.
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Stewart is a public middle school located approximately 0.7 miles away.
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Lincoln is a public high school located approximately 1.6 miles away.
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Concordia Christian Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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Gross Scheduled Income: 27994
Leasable Area: 1912
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: 1
Unit-2 Description: 2
Unit-1 Square Feet: 1061
Unit-2 Square Feet: 851
Unit 1 Total Actual Rent: 1110
Unit 2 Total Actual Rent: 1325

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 4877
Source Listing Status: Pending
Country Region: US
County: Pierce
Directions: Follow I-5 S to WA-167 S in Fife. Take exit 135. Merge onto WA-167 S. Take Portland Ave E exit Toward Tacoma Dome. Turn right onto Portland Ave E. Turn left on E 56th St. Turn right on McKinley Ave.
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Multi-Family
Area: 58 - Southeast Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 2625000292
Street Suffix Modifier: Avenue
Subdivision: Tacoma
Zoning: Multi-Family
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2021$262,700 + $136,600
$399,300
$4,224
2020$233,600 + $102,400
$336,000
$4,156
2019$221,000 + $85,400
$306,400
$3,622
2018$210,300 + $68,300
$278,600
$3,344
2017$159,200 + $52,400
$211,600
$2,805
2016$129,100 + $44,900
$174,000
$2,694
2015$120,600 + $39,000
$159,600
$2,621
2014$112,800 + $37,900
$150,700
$2,239
2013$96,800 + $33,200
$130,000
$2,167
2012$90,200 + $33,200
$123,400
$2,514
2011$113,400 + $45,500
$158,900
$2,460
2010$112,900 + $56,800
$169,700
$2,396
2008$131,100 + $80,800
$211,900
$2,686

Listed 2024-07-19
$440,000
NWMLS
Listing removed 2024-04-06
$0
NWMLS
Listed 2024-03-01
$475,000
NWMLS
Listing removed 2015-10-16
$200,000
NWMLS
Listed 2006-10-05
$200,000
NWMLS

Net Operating Income: 23866
Operating Expense: 4877

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

Building Area Total: 1912
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 83
Property Condition: Average
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 1991
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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.