Listed by COMPASS
$1,450,000

Estimated payment $8,491/month

Total Views 14,963
8 Beds
4 Baths
4,992 Sq Ft
$290 Price per Sq Ft

Highlights

  • Softwood Flooring
  • No HOA
  • High Speed Internet
  • Lowell Elementary School Rated A-
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

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 80-gallon water heaters and a new furnace. Additionally, the property includes a 5-bay garage off the alley, a fully fenced back yard, and an unfinished basement with shared laundry, open storage, and 4 individual storage units. Significant upside potential by renting the garages. Easy access to new light rail, Wright Park, and the medical center.

Listing Agent

Patrick Buckley

COMPASS License #117919 Listed on: 07/01/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2401666

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,178

Year Built

  • Built in 1910

Lot Details

  • 6,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,992 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Utilities

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

Community Details

  • No Home Owners Association
  • Stadium District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2033230040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,178

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4992
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Softwood, Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 4968

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 2701

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2033230040
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Public
  • MLSSquareFootageSource: Public

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 19.9
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 89520
  • Net Operating Income: 75120
  • Number Of Units Total: 4
  • Electric Expense: 1920
  • Insurance Expense: 3147
  • Leasable Area: 4992
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9178

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 $12,052 $1,190,700 $361,100 $829,600
2024 $12,052 $1,136,300 $339,000 $797,300
2023 $12,052 $1,084,000 $302,200 $781,800
2022 $8,528 $884,800 $348,200 $536,600
2021 $8,510 $677,900 $230,700 $447,200
2019 $7,517 $625,800 $191,500 $434,300
2018 $7,942 $579,100 $169,700 $409,400
2017 $7,001 $503,300 $147,800 $355,500
2016 $6,886 $410,700 $101,900 $308,800
2014 $5,859 $396,500 $95,400 $301,100
2013 $5,859 $364,600 $80,500 $284,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $1,450,000 +5.5% $290 / Sq Ft
05/26/2022 05/26/22 Sold $1,375,000 +10.0% $275 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,250,000 -- $250 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Cw Title
Quit Claim Deed $152,573 Chicago Title Company
Warranty Deed $550,000 Chicago Title
Interfamily Deed Transfer -- Pst
Quit Claim Deed -- Pst
Warranty Deed -- --
Warranty Deed $118,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $462,046 FHA
Previous Owner $500,268 FHA
Previous Owner $318,750 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2401666

Northwest Multiple Listing Service (NWMLS)

APN: 203323-0040