Listed by Windermere Central Sound
$849,500
$40K PRICE DROP

Estimated payment $5,458/month

Total Views 4,967
6 Beds
4 Baths
2,720 Sq Ft
$312 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Patio
  • Corner Lot
  • Thermal Windows
  • Baseboard Heating

About This Home

Classic 60's rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you've got a building well positioned for low maintenance renting for the next 20 years. The garage spaces are a bonus - rent them individually or consider converting them into an additional apartment or two. Conveniently located on a bus line, close to I5, and walking distance from the emerging retail corredor that is S 56th St. Hear that? That's the sound of opportunity knocking.

Listing Agent

Ethan Wing

Windermere Central Sound License #71682 Listed on: 05/02/2025

Windermere Central Sound

Co-Listing Agent

George Wing

Windermere Central Sound License #23036836

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2369676

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,209

Year Built

  • Built in 1969

Lot Details

  • 6,250 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Schools

  • Mann Elementary School
  • Giaudrone Mid Sch Middle School
  • Lincoln High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7785005150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,209

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2720
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 92

Interior Features

  • Possible Use: Commercial
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless, None
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 10378

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: Giaudrone Mid Sch

Lot Info

  • Parcel Number: 7785005150
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Zoning Description: Commercial
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax records
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.35
  • LeasedItems: None
  • TotalMonthlyIncome: 3067

Multi Family

  • Gross Scheduled Income: 72000
  • Net Operating Income: 49413
  • Number Of Units Total: 4
  • Insurance Expense: 3000
  • Leasable Area: 2720
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9209

MLS Schools

  • Elementary School: Mann

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,449 $836,100 $208,100 $628,000
2024 $8,449 $846,700 $201,100 $645,600
2023 $8,449 $759,600 $188,900 $570,700
2022 $7,719 $787,300 $185,400 $601,900
2021 $7,383 $588,000 $106,900 $481,100
2019 $5,552 $516,200 $93,100 $423,100
2018 $5,846 $427,500 $81,000 $346,500
2017 $5,054 $370,300 $58,900 $311,400
2016 $4,355 $263,400 $43,000 $220,400
2014 $3,766 $250,600 $41,900 $208,700
2013 $3,766 $233,100 $38,300 $194,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $849,500 -2.9% $312 / Sq Ft
06/21/2025 06/21/25 Price Changed $875,000 -1.6% $322 / Sq Ft
05/02/2025 05/02/25 For Sale $889,000 -- $327 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Commercial
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2369676

Northwest Multiple Listing Service (NWMLS)

APN: 778500-5150