This is the investment property that you have been looking for! Close to Downtown Tacoma and future light rail station. This 5 unit building has been professional managed, well maintained and still has room for value adds to create additional income! The unfinished basement has a ton of potential. Major stuff is taken care of so you can walk into a cash flowing building with confidence. Newer roof w/20 year warranty. Exterior recently painted. Don't miss this one!
Listing courtesy of NWMLS / Compass Washington
Last checked:
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Last updated Sep 6, 2023
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MLS# 1503403 —
The Building
Year Built:
1900
Year Built:
1990
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Stucco
Roof:
Flat
Units In Building Total:
5
Foundation Details:
Poured Concrete
# of Units Total:
5
Stories Total:
2
Building Area Total:
2880
Building Area Units:
Square Feet
Calculated SqFt:
2880
Interior
Furnished:
Unfurnished
Flooring:
Vinyl,Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing,See Remarks,Tenant's Rights
Buyer Financing:
Other
Location
Latitude:
47.252539
Longitude:
-122.448623
Directions:
From I-5, exit 132 to Hwy 16, take the Sprague exit. From Sprague, right on 11th. Building will be on the left.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
2010170070
Lot Features:
Corner Lot,Curbs,Paved,Sidewalk
Lot Size Units:
Square Feet
Lot Size Acres:
0.1033
Lot Size SqFt:
4500
Lot Size Source:
Realist
Zoning Class:
Multi-Family
Electric On Property:
false
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 330-0314
Office phone:
(206) 330-0314
Taxes
Tax Year:
2019
Tax Annual Amount:
4929
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Sewer Connected,Electricity Available
Sewer:
Sewer Connected
Water Sewer Garbage:
4600
Schools
High School District:
Tacoma
The Community
Subdivision Name:
New Tacoma
Parking
Open Parking:
false
Carport:
false
Listing courtesy of NWMLS / Compass Washington
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
2/12/20
Feb 12, 2020
Sold
NWMLS
$614,000
176.6% (27.9% / YR)
10/11/13
Oct 11, 2013
NWMLS
$222,000
53.1% (20.7% / YR)
3/18/11
Mar 18, 2011
NWMLS
$145,000
-57.1% (-13.4% / YR)
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No additional history available
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Multifamily
Sold
on 2/12/2020
$614,000
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This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Compass Washington and should be verified by the buyer.
Checking…
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Last updated Sep 6, 2023
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