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$975000   Price Analysis
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4017 S Puget Sound Ave
Tacoma, WA 98409
Unknown bed None bath 3140 SqFt ($310/SqFt)
6500SqFt lot. Built 2006
Listed 2024-06-20, Taxes $4732
Ⓧ USDA Ineligible
due to price & location

near Tacoma

Don't miss this fantastic investment opportunity at 4015 S Puget sound ave

* Sale Pending *

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 coms with their own garage. Tenants pay for their own utilities. With a 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 #2254490 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 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: 78240
Leasable Area: 3140
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: 4015 A
Unit-2 Description: 4015 B
Unit-3 Description: 4017 A
Unit-4 Description: 4017 B
Unit-1 Square Feet: 1040
Unit-2 Square Feet: 1040
Unit-3 Square Feet: 1030
Unit-4 Square Feet: 1030
Unit 1 Total Actual Rent: 1825
Unit 2 Total Actual Rent: 1525
Unit 3 Total Actual Rent: 1525
Unit 4 Total Actual Rent: 1645

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10644
Source Listing Status: Pending Inspection
Country Region: US
County: Pierce
Cap Rate: 5.5
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: 2712
Area: 47 - South Tacoma
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 2890000441
Street Suffix Modifier: Avenue
Subdivision: Tacoma
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$297800 + $157900
$455700
$4732
2022$284700 + $115300
$400000
$4587
2021$240200 + $86700
$326900
$4109
2020$241200 + $69800
$311000
$4218
2019$212700 + $61000
$273700
$3558
2018$184900 + $44000
$228900
$3616
2017$165300 + $35700
$201000
$3238
2016$147100 + $31300
$178400
$533
2015$122400 + $30300
$152700
$532
2014$99700 + $28300
$128000
$492
2013$114000 + $31800
$145800
$563
2012$121500 + $39100
$160600
$623
2011$151500 + $51700
$203200
$753
2010$182600 + $59100
$241700
$705
2008$173400 + $71400
$244800
$833
2007$170200 + $71400
$241600
$787

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

Net Operating Income: 64884
Operating Expense: 13356

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

Building Area Total: 3140
Building Area Units: Square Feet
Construction Materials: StandardFrame
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 18
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.