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$975000   Price Analysis
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4030 S Puget Sound Ave
Tacoma, WA 98409
Unknown bed None bath 4120 SqFt ($236/SqFt)
6500SqFt lot. Built 2004
Listed 2024-06-20, Taxes $5026
Ⓧ USDA Ineligible
due to price & location

near Tacoma

Don't miss this fantastic investment opportunity at 4030 S Puget Sound Ave

Tacoma, WA! This 4-plex offers a total of 8 bedrooms and 4 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, refrigerator and range.

Each unit comes with their own garage. Tenants pay for their o wn utilities. With total lot size of 6500 square feet, this is an excellent chance to invest in a versatile property. Close to major freeways. Neighboring properties also available. Tenants are month to month leases. Great for a 1st time home buyer looking for a tenant to pay half of their mortgage.


Presented by Inderveer Basra at
Every Door Real Estate.


Property MLS #2254511 from NWMLS

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

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Wood
Wood Products

Covered Spaces: 4
Open Parking Spaces: 4
Open Parking: Yes
Parking Total: 8

Lot Description: Curbs, Secluded, Sidewalk
Lot Size Acres: 0.1492195
Lot Size Square Feet: 6500

View: Territorial
Security Features: FullyFenced

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 1.6 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: 73080
Leasable Area: 4120
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
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: 4030 A
Unit-2 Description: 4030 B
Unit-3 Description: 4032 A
Unit-4 Description: 4032 B
Unit-1 Square Feet: 1030
Unit-2 Square Feet: 1030
Unit-3 Square Feet: 1030
Unit-4 Square Feet: 1030
Unit 1 Total Actual Rent: 1475
Unit 2 Total Actual Rent: 1595
Unit 3 Total Actual Rent: 1495
Unit 4 Total Actual Rent: 1525

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 11330
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 5
Directions: From I-5 Take exit 132A toward S 38th St, Merge onto S 38th St, Turn left onto S Puget Sound Ave, Destination will be on the left.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 2676
Area: 47 - South Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 2890000562
Street Suffix Modifier: Avenue
Subdivision: Tacoma
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$326100 + $157900
$484000
$5026
2022$311800 + $115300
$427100
$4897
2021$263400 + $86700
$350100
$4400
2020$267300 + $69800
$337100
$4571
2019$233300 + $61000
$294300
$3825
2018$202800 + $44000
$246800
$3899
2017$183200 + $35700
$218900
$3526

Listing removed 2024-06-20
$0
NWMLS
Listed 2024-06-20
$975000
NWMLS
Price Changed 2024-05-28
$499999
NWMLS
Listed 2024-04-30
$595000
NWMLS
Sold 2005-01-14
$261615
Public Record

Net Operating Income: 59024
Operating Expense: 14006

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

Building Area Total: 4120
Building Area Units: Square Feet
Construction Materials: StandardFrame
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 20
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
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.