Listed by Keller Williams Rlty Bellevue
$858,000
ACTIVE - UNDER CONTRACT

1521 E 38th St Unit 1-4 Tacoma, WA 98404

Eastside Neighborhood

Estimated payment $5,238/month

Total Views 5,943
-- Bed
-- Bath
3,200 Sq Ft
$268 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • High Speed Internet

About This Home

Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. All units been fully renovated. All new leases within the last year. All units occupied. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023. W/D hookups in units. W/D belong to tenants and are not supplied by landlord. Uncovered parking enough for 6 total cars.

Listing Agent

Wesley Jones

Keller Williams Rlty Bellevue License #50134 Listed on: 05/20/2025

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2374804

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 57.50'x163.86'
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Blix Elementary School
  • First Creek Mid Middle School
  • Lincoln High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0320155007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,265

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Contingent
  • Prev Status: ActiveUnderContract
  • New Construction: No
  • CalculatedSquareFootage: 3200
  • EffectiveYearBuiltSource: Public Records
  • Special Features: 4224

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Lincoln High
  • Middle Or Junior School: First Creek Mid

Lot Info

  • Parcel Number: 0320155007
  • Lot Size Acres: 0.23
  • Lot Size: 57.50'x163.86'
  • Lot Size Sq Ft: 10019
  • Zoning Description: Multi-Family,Residential,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.08
  • LeasedItems: None
  • TotalMonthlyIncome: 6448

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8265

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Blix Elem

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 $8,030 $774,500 $204,200 $570,300
2024 $8,030 $759,900 $196,500 $563,400
2023 $8,030 $721,900 $183,000 $538,900
2022 $6,947 $690,100 $185,800 $504,300
2021 $6,361 $506,500 $116,100 $390,400
2019 $5,093 $426,100 $96,800 $329,300
2018 $4,958 $392,100 $77,400 $314,700
2017 $4,202 $314,000 $60,700 $253,300
2016 $3,413 $208,300 $40,700 $167,600
2014 $2,789 $196,300 $39,500 $156,800
2013 $2,789 $168,500 $34,600 $133,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 For Sale $858,000 -- $268 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Stewart Title
Trustee Deed $196,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $1,200,000 Lawyers Title Agency Of Sout
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,186 Seller Take Back
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2374804

Northwest Multiple Listing Service (NWMLS)

APN: 032015-5007