$829500 Price Analysis    ♡   Tacoma, WA 98409 Unknown bed None bath 2840 SqFt ($292/SqFt) 6500SqFt lot. Built 1970 Listed 2024-06-13, Taxes $5718 | Ⓧ USDA Ineligible due to price & location near Tacoma |
Well maintained fourplex close to I-5.
Purchase this cash flowing property. Property has been fully renovated in the last 5 years. Spacious property close to Tacoma Mall. 8 onsite parking spaces. All 4 units are rented collecting gross rent of $5, 954/mon. Onsite laundry room and 5 storage units that can be rented for additional income.
All units have EVP flooring, quartz ctop, stainless steel appliances, LED lights, new windows and modern interior finishes. 2 x 2 bed/1 bath units and 2 x 1 bed/1 bath units. Seller will provide $10, 000 seller credit. Excellent investment opportunity with low down payment opton. Purchase with 5% down payment!
Presented by Seung Baik at
Pellego, Inc.
Property MLS #2249984 from NWMLS
Cooling Features: Wall
Heating Features: Wall
Heating Fuel: Electric
Heating: Yes
Heating Features: Wall
Heating Fuel: Electric
Heating: Yes
Flooring: Vinyl Plank
Wood Products
Lot Description: Corner Lot, Paved Street
Lot Size Acres: 0.1492195
Lot Size Square Feet: 6500
Lot Size Acres: 0.1492195
Lot Size Square Feet: 6500
Open Parking Spaces: 8
Open Parking: Yes
Parking Total: 8
Open Parking: Yes
Parking Total: 8
Coin Op Laundry
Storage
Storage
Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Tacoma
Middle 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.
Map directions
Map directionsAngelo Giaudrone Middle School is a public middle school located approximately 1.1 miles away.
Map directions
Map directionsFoss is a public high school located approximately 1.6 miles away.
Map directions
Map directionsVisitation Catholic School is a private elementary and middle school located approximately 1 miles away.
Map directions
Map directionsGross Scheduled Income: 67000
Leasable Area: 2840
Leasable Area Units: Square Feet
Leasable Area: 2840
Leasable Area Units: Square Feet
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 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
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-1 Square Feet: 800
Unit-2 Square Feet: 620
Unit-3 Square Feet: 800
Unit-4 Square Feet: 620
Unit 1 Total Actual Rent: 1436
Unit 2 Total Actual Rent: 1128
Unit 3 Total Actual Rent: 1495
Unit 4 Total Actual Rent: 1295
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 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
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-1 Square Feet: 800
Unit-2 Square Feet: 620
Unit-3 Square Feet: 800
Unit-4 Square Feet: 620
Unit 1 Total Actual Rent: 1436
Unit 2 Total Actual Rent: 1128
Unit 3 Total Actual Rent: 1495
Unit 4 Total Actual Rent: 1295
Calculated Total Monthly Association Fees: 0
Annual Tax Amount: 6420
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 5.4
Directions: From S Tacoma Way, turn east on S 43rd st. Unit is between S Puget Sound Ave & S Warner St.
Tax Year: 2023
Other Expense: 2000
Source Property Type: Multi-Family
Possible Use: Multi-Family, Residential
Insurance Expense: 3299
Area: 47 - South Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 2890000503
Street Suffix Modifier: Street
Subdivision: Tacoma
Zoning: MultiFamily, Residential
Source System Name: C2C
Buyer Agent Commission: 2.5
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 5.4
Directions: From S Tacoma Way, turn east on S 43rd st. Unit is between S Puget Sound Ave & S Warner St.
Tax Year: 2023
Other Expense: 2000
Source Property Type: Multi-Family
Possible Use: Multi-Family, Residential
Insurance Expense: 3299
Area: 47 - South Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 2890000503
Street Suffix Modifier: Street
Subdivision: Tacoma
Zoning: MultiFamily, Residential
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $363600 + $187200 $550800 | $5718 |
| 2022 | $356000 + $136700 $492700 | $5648 |
| 2021 | $300100 + $102700 $402800 | $5061 |
| 2020 | $250900 + $82700 $333600 | $4524 |
| 2019 | $222400 + $72200 $294600 | $3829 |
| 2018 | $238900 + $53600 $292500 | $4619 |
| 2017 | $213600 + $43500 $257100 | $4140 |
| 2016 | $188100 + $38200 $226300 | $3816 |
| 2015 | $158400 + $37000 $195400 | $3396 |
| 2014 | $129000 + $34600 $163600 | $2815 |
| 2013 | $145400 + $38700 $184100 | $3230 |
| 2012 | $156800 + $47700 $204500 | $3232 |
| 2011 | $174000 + $64400 $238400 | $3452 |
| 2010 | $188500 + $73700 $262200 | $3106 |
| 2008 | $181600 + $89000 $270600 | $3528 |
| 2007 | $212700 + $89000 $301700 | $3743 |
Price Changed 2024-07-08
$829500
NWMLS
Listed 2024-06-13
$849500
NWMLS
Listing removed 2023-12-16
$0
NWMLS
Price Changed 2023-10-06
$839500
NWMLS
Price Changed 2023-07-21
$849500
NWMLS
Price Changed 2023-04-24
$855500
NWMLS
Price Changed 2023-04-18
$865500
NWMLS
Price Changed 2023-04-11
$875500
NWMLS
Listed 2023-04-05
$895500
NWMLS
Sold 2017-11-09
$310000
NWMLS
Listed 2017-06-17
$350000
NWMLS
Listing removed 2015-10-06
$299900
NWMLS
Sold 2009-11-04
$307000
Public Record
Listed 2009-08-12
$299900
NWMLS
Sold 2009-06-19
$200000
Public Record
Sold 2006-12-27
$420000
Public Record
Sold 2005-04-27
$250000
Public Record
Sold 1994-09-02
$113000
Public Record
Sold 1988-12-30
$91109
Public Record
Sold 1984-02-29
$92000
Public Record
$829500
NWMLS
Listed 2024-06-13
$849500
NWMLS
Listing removed 2023-12-16
$0
NWMLS
Price Changed 2023-10-06
$839500
NWMLS
Price Changed 2023-07-21
$849500
NWMLS
Price Changed 2023-04-24
$855500
NWMLS
Price Changed 2023-04-18
$865500
NWMLS
Price Changed 2023-04-11
$875500
NWMLS
Listed 2023-04-05
$895500
NWMLS
Sold 2017-11-09
$310000
NWMLS
Listed 2017-06-17
$350000
NWMLS
Listing removed 2015-10-06
$299900
NWMLS
Sold 2009-11-04
$307000
Public Record
Listed 2009-08-12
$299900
NWMLS
Sold 2009-06-19
$200000
Public Record
Sold 2006-12-27
$420000
Public Record
Sold 2005-04-27
$250000
Public Record
Sold 1994-09-02
$113000
Public Record
Sold 1988-12-30
$91109
Public Record
Sold 1984-02-29
$92000
Public Record
Net Operating Income: 46211
Operating Expense: 20789
Operating Expense: 20789
Electric Expense: 4535
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public
Building Area Total: 2840
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 54
Property Condition: Remodeled
Roof: Flat, Torch Down
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 2018
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 54
Property Condition: Remodeled
Roof: Flat, Torch Down
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 2018
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.