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$1250000   Price Analysis
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230 Broadway
Tacoma, WA 98402
Unknown bed None bath 3510 SqFt ($356/SqFt)
7906SqFt lot. Built 1900
Listed 2024-05-24, Taxes $10391
Ⓧ USDA Ineligible
due to price & location

near Tacoma

Watch the ship traffic roll in from the front porch of this classic

Turn of the century 4 plex and imagine the possibilities. Located in the heart of Tacoma's Stadium District, the citys most dense neighb orhood, the building is an easy walk to the nearest light rail station, groceries at Stadium Thriftway, Wright Park and the Grand Cinema too, all of which your tenants will appreciate.

In fact, w/all the restaurants, bars, concerts and other happenings in the area, theyll never want to move. The building sits on an extra large 7906 SF lot w/DR zoning, w/a 90' height limit & no setbacks; imagine what can happen here. Did I mention the harbor view to the east? Highway access is a breeze - it's a quick hp on to 705 & points beyond.


Presented by Ethan Wing at
Windermere Abode Lakewood.
Listing Agent Photo

Property MLS #2242880 from NWMLS

Ceramic Tile
Wall to Wall Carpet
Flooring: Ceramic Tile, Wall to Wall Carpet

Fuel Expense: 1585
Heating Features: Baseboard, Insert
Heating Fuel: Electric, Natural Gas
Heating: Yes

Wood

Lot Description: Alley, Curbs, Open Space, Paved Street, Sidewalk, ValueValue In Land
Lot Size Acres: 0.1814968
Lot Size Square Feet: 7906

View: Bay, Mountain, Sound, Territorial
Security Features: FullyFenced

Basement

Gross Scheduled Income: 83580
Leasable Area: 3442
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: 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: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-1 Square Feet: 1100
Unit-2 Square Feet: 600
Unit-3 Square Feet: 800
Unit-4 Square Feet: 600
Unit 1 Total Actual Rent: 1925
Unit 2 Total Actual Rent: 1495
Unit 3 Total Actual Rent: 1695
Unit 4 Total Actual Rent: 1690

High School District: Tacoma

Stadium is a public high school located approximately 0.4 miles away.
directions icon Map directions

Jason Lee is a public middle school located approximately 1 miles away.
directions icon Map directions

Mccarver is a public elementary school located approximately 1.4 miles away.
directions icon Map directions

First Presbyterian Church School is a private elementary school located approximately 0.2 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 10392
Source Listing Status: Active
Country Region: US
County: Pierce
Cap Rate: 4.43
Directions: From the heart of the Stadium District - head NE on Division to Broadway - right / SE on Broadway to building on right
Tax Year: 2024
Other Expense: 5889
Source Property Type: Multi-Family
Possible Use: Commercial, Multi-Family, Office, Residential, Retail
Insurance Expense: 2380
Area: 20 - North Tacoma
List Development Name: Stadium District
Source Neighborhood: Stadium District
Parcel Number: 200206-007-0
Subdivision: Stadium District
Zoning: Commercial, MultiFamily,
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$508700 + $493200
$1001900
$10391
2022$425100 + $419200
$844300
$9670
2021$422800 + $326700
$749500
$9407
2020$408900 + $271200
$680100
$9211
2019$390600 + $240400
$631000
$8190
2018$358600 + $211100
$569700
$8988
2017$323800 + $162600
$486400
$7827
2016$306800 + $145600
$452400
$7623
2015$303300 + $136200
$439500
$7632
2014$286200 + $114900
$401100
$6894
2013$259200 + $107300
$366500
$6424
2012$276800 + $149800
$426600
$6736
2011$257000 + $169200
$426200
$6167
2010$309400 + $199300
$508700
$6020
2008$319300 + $214900
$534200
$6362
2007$325000 + $219400
$544400
$7014

Listed 2024-05-24
$1250000
NWMLS
Sold 2011-08-10
$347000
Public Record
Sold 2006-01-03
$500000
Public Record
Sold 1994-06-28
$90000
Public Record

Net Operating Income: 55375
Operating Expense: 28204

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

Building Area Total: 3510
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 124
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.