Endless possibilities! Located steps from Titlow Beach, this Tri-Plex is currently made up of a duplex , a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential views are included in photos for possibilities. Each unit has individual sewer lines, gas, water and electric. Potential for lot segregation. The duplex is currently under rented. Both tenants have been notified and are open to stay if the new buyer would like or move as needed. The house has been used as an Air B&B. Make income while permitting for building or update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2227486
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,976
Year Built
Built in 1951
Home Design
Triplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
1,540 Sq Ft Home
1-Story Property
Bay Views
Flooring
Carpet
Laminate
Ceramic Tile
Bedrooms and Bathrooms
3 Bedrooms
3 Bathrooms
Parking
9 Parking Spaces
3 Covered Spaces
Open Parking
RV Access or Parking
Additional Features
Patio
0.25 Acre Lot
High Speed Internet
Community Details
No Home Owners Association
Narrows Subdivision
Listing and Financial Details
Assessor Parcel Number 7505000221
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,976
Year Built
Built in 1951
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 53 - Tri-plex
Year Built: 1951
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 1540
EffectiveYearBuiltSource: Public Records
SOCComments: Thank you for showing!
Special Features: None
Cumulative Days on Market: 461
Interior Features
Total Bedrooms: 3
Fireplace: No
Flooring: Ceramic Tile, Laminate, Carpet
Interior Amenities: Ceramic Tile
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
View: Bay, See Remarks
Lot Features: Alley, Paved
View: Yes
Waterfront: No
Construction Type: Wood
Exterior Features: Wood
Foundation Details: Poured Concrete
Structure Type: Triplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 3
Open Parking Spaces: 6
Open Parking: Yes
Parking Features: RV Parking
Total Parking Spaces: 9
ParkingUncoveredSpaces: 6
Utilities
Sewer: Sewer Connected
Cooling: None
Cooling Y N: No
Heating Yn: Yes
WaterSewerGarbage: 0
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Tacoma
Lot Info
Parcel Number: 7505000221
Lot Size Acres: 0.2525
Lot Size Sq Ft: 11000
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: High Speed Internet,Patio,RV Parking
MLSLotSizeSource: Public Records
MLSSquareFootageSource: Public Records
ZoningJurisdiction: See Remarks
Green Features
Power Production Type: Electric, Natural Gas
Rental Info
GrossRentMultiplier: 2
LeasedItems: None
TotalMonthlyIncome: 5400
Multi Family
Gross Scheduled Income: 64800
Net Operating Income: 58574
Number Of Units Total: 3
Insurance Expense: 250
Leasable Area: 2244
EnergySource: Electric,Natural Gas
UnitsInBuildingTotal: 3
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2024
Tax Annual Amount: 5976
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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
$5,975
$496,300
$258,600
$237,700
2024
$5,975
$478,600
$250,800
$227,800
2023
$5,975
$332,000
$139,200
$192,800
2022
$5,247
$555,200
$284,200
$271,000
2021
$4,546
$361,700
$184,700
$177,000
2019
$3,854
$330,900
$164,800
$166,100
2018
$4,366
$296,500
$136,400
$160,100
2017
$3,969
$276,400
$125,100
$151,300
2016
$3,522
$222,100
$94,400
$127,700
2014
$3,122
$202,600
$87,700
$114,900
2013
$3,122
$187,600
$78,700
$108,900
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/01/202505/01/25
For Sale
$1,200,000
+60.0%
$779 / Sq Ft
05/01/202505/01/25
For Sale
$749,900
0.0%
$741 / Sq Ft
04/30/202504/30/25
Off Market
$749,900
--
--
04/30/202504/30/25
Off Market
$1,200,000
--
--
08/21/202408/21/24
Price Changed
$1,200,000
+60.0%
$779 / Sq Ft
08/21/202408/21/24
Price Changed
$749,900
-1.8%
$741 / Sq Ft
07/30/202407/30/24
Price Changed
$764,000
-3.2%
$755 / Sq Ft
06/21/202406/21/24
Price Changed
$789,000
-1.4%
$780 / Sq Ft
05/30/202405/30/24
For Sale
$799,950
-38.0%
$790 / Sq Ft
04/25/202404/25/24
For Sale
$1,290,000
--
$838 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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