Listed by Northwest Home Sales
$1,200,000

Estimated payment $7,019/month

Total Views 4,554
6 Beds
6 Baths
2,700 Sq Ft
$444 Price per Sq Ft

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • High Speed Internet
  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

Each unit has 3 bedrooms and 1.75 bathrooms. Once in a lifetime opportunity has hit the market. Whether this opportunity is for a quick return on your investment or a long term wealth building strategy, this Turn Key Asset will produce upon your acquisition. Its proximity to amenities and thriving neighborhood is certainly a crowd pleaser. Strategically positioned in a prime location, this income generating asset which is close to public transit and in an area of strong rental demand with zero vacancy is a must see for anyone looking for future wealth creating rewards and potential growth.

Listing Agent

Gene Quinney

Northwest Home Sales License #18207 Listed on: 05/23/2025

Northwest Home Sales

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2372040

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hillsdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6615002440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,368

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2700
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: See Remarks in Broker Only Comments
  • Special Features: None
  • Cumulative Days on Market: 106

Interior Features

  • Possible Use: See Remarks
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 6615002440
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Zoning Description: See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet
  • MLSLotSizeSource: PR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 26.7
  • LeasedItems: None
  • TotalMonthlyIncome: 3750

Multi Family

  • Gross Scheduled Income: 45000
  • Net Operating Income: 37552
  • Number Of Units Total: 2
  • Insurance Expense: 1080
  • Leasable Area: 2700
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6368

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $6,030 $580,500 $189,000 $391,500
2024 $6,030 $585,200 $182,100 $403,100
2023 $6,030 $541,800 $173,400 $368,400
2022 $4,979 $523,900 $162,200 $361,700
2021 $4,597 $365,800 $103,300 $262,500
2019 $3,587 $315,000 $85,400 $229,600
2018 $3,743 $275,900 $69,100 $206,800
2017 $3,184 $236,900 $55,300 $181,600
2016 $2,896 $179,700 $41,400 $138,300
2014 $2,349 $166,500 $39,000 $127,500
2013 $2,349 $143,300 $34,400 $108,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $1,200,000 -- $444 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

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

Similar Homes in Tacoma, WA

  • 7003 S D St, Tacoma, WA 98408

    $1,100,000

    • 6 Beds
    • 2 Baths
    • 2,670 Sq Ft
    • 7003 S D St
    • Tacoma, WA

    Once in a lifetime opportunity has hit the market. Whether this opportunity is for a quick return on your investment or a long term wealth building strategy, this Turn Key Asset will produce upon your acquisition. Its proximity to amenities and thriving neighborhood is certainly a crowd pleaser. Strategically positioned in a prime location, this income generating asset which is close to public

    Gene Quinney Northwest Home Sales

    Section Image
  • 4510 S Warner St, Tacoma, WA 98409

    $1,150,000

    • 6 Beds
    • 6 Baths
    • 3,536 Sq Ft
    • 4510 S Warner St
    • Tacoma, WA

    Fully occupied Tacoma Mall 4-plex with strong income and modern finishes—rare 2022 build with minimal maintenance. Enjoy significant property tax savings from a 12-year land-only exemption (9 years remaining). Units feature open-concept layouts, LVP flooring, stainless appliances, custom cabinets, in-unit laundry, and ductless mini-splits. Gated entry, landscaped courtyard, off-street parking.

    Christopher Dunayski Wilcox Real Estate

    Section Image
  • 11108 Sheridan Ave S, Tacoma, WA 98444

    $1,150,000

    • 5 Beds
    • 4 Baths
    • 2,880 Sq Ft
    • 11108 Sheridan Ave S
    • Tacoma, WA

    Brick 4-plex on one level. Great investment property, in a high density area. Very desirable , attractive multi-unit residential. One building with 4 addresses. All the units have real hardwood floors underneath the current manufactured wood.

    Aleta Benedicto Better Properties N. Proctor

    Section Image
  • 2418 S I St, Tacoma, WA 98405

    $1,200,000

    • 6 Beds
    • 6 Baths
    • 2,658 Sq Ft
    • 2418 S I St
    • Tacoma, WA

    New Construction 6 unit with $7820/mth in rental income (cap rate 6.7), a 12 year tax abatement at 'land only' taxes, and a proven low-maintenance interior & site design. Income is maximized AND turn-over is simple on these incredibly desirable 1 bdrm/ 1 bath units offering a full-sized kitchen w/ upgraded stainless appls, a good-sized bedroom w/ a large closet space, a living room, and a

    Ryan Meacham Engel & Voelkers Chambers Bay

    Section Image
  • 801 Martin Luther King jr Way, Tacoma, WA 98405

    $975,000

    • 6 Beds
    • 7 Baths
    • 4,920 Sq Ft
    • 801 Martin Luther King jr Way
    • Tacoma, WA

    The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma’s 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma’s most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of

    Tanner Fogle Paragon Real Estate Advisors

    Section Image
  • 315 N L St, Tacoma, WA 98403

    $1,450,000

    • 8 Beds
    • 4 Baths
    • 4,992 Sq Ft
    • 315 N L St
    • Tacoma, WA

    A remarkable Four-plex opportunity featuring two 3-bed, 1-bath units & two 1-bed, 1-bath units, each adorned with covered porches, gas forced air heat, hardwood, fir floors & original charming built-ins. Three units boast updated kitchens with stainless appliances and newer cabinetry. Recent system upgrades encompass a new water supply line, all new supply plumbing, a new sewer line, 2 new

    Patrick Buckley COMPASS

    Section Image
  • 314 N I St, Tacoma, WA 98403

    $1,099,000

    • 7 Beds
    • 3 Baths
    • 3,233 Sq Ft
    • 314 N I St
    • Tacoma, WA

    Great location for this brick triplex in North Tacoma. This investment property allows you to live in one unit and rent the other two listings or rent all three units. Short walking distance to shopping and restaurants in Stadium district, Frisko Freeze, hospitals, Wright park, and link light rail. Amazing walk score of 90!

    James Smith Better Properties Gig Harbor

    Section Image
  • 523 N E St, Tacoma, WA 98403

    $1,499,000

    • 6 Beds
    • 5 Baths
    • 5,000 Sq Ft
    • 523 N E St
    • Tacoma, WA

    Stadium District Colonial Apartments is a rare chance to own a premier multifamily asset in one of Tacoma’s most desirable neighborhoods. Just steps from the Tacoma Lawn & Tennis Club, 523 N E Street boasts a strong history of steady income and near-full occupancy.This building features timeless architecture and sweeping Puget Sound views. Located in Tacoma’s Stadium District—an irreplaceable

    Brian Thayer Keller Williams Rty Tacoma

    Section Image
  • 1901 N Fife St, Tacoma, WA 98406

    $995,000

    • 4 Beds
    • 5 Baths
    • 3,456 Sq Ft
    • 1901 N Fife St
    • Tacoma, WA

    PRICE REDUCED! Now under $1M! Fully leased 5-unit multi-family in Tacoma's desirable Three Bridges District, offering immediate cash flow & long-term upside. 4 spacious 1-bedroom units + 1 studio, each w/ full kitchens, produce $83,888 annual income w/ a low 3% vacancy rate. Prime location near downtown Tacoma, UW Tacoma, hospital & transit ensures strong rental demand. Value-add opportunity to

    Alexandra Clouse Real Broker LLC

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2372040

Northwest Multiple Listing Service (NWMLS)

APN: 661500-2440