Fully Updated TRIPLEX near the bustling art/music/restaurant hot-spot of South Tacoma Way! This Multifamily Investment Opportunity provides the rare chance for new investors to enter the market with a house hacking opportunity. Unit C is currently vacant and ready for move in today! Adjacent units are occupied with leases at current market rent prices!! Each unit is 550 sq ft, 1 bedroom, 1 bathroom complete with Luxury Vinyl Plank! Kitchen features updated appliances, shaker cabinets and modern lighting. Vaulted ceilings create open and bright space. Dedicated Washer/Dryer in each unit + private 550 sqft garage! Walk to public transportation, parks, grocery and much more! This one is a no-brainer. Go get it!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2410056
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,482
Year Built
Built in 1988
Lot Details
4,872 Sq Ft Lot
Property is in good condition
Home Design
Triplex
Block Foundation
Poured Concrete
Composition Roof
Wood Composite
Interior Spaces
1,650 Sq Ft Home
2-Story Property
Vinyl Plank Flooring
Territorial Views
Bedrooms and Bathrooms
3 Bedrooms
3 Bathrooms
Parking
6 Parking Spaces
3 Covered Spaces
Open Parking
Utilities
Heating System Mounted To A Wall or Window
High Speed Internet
Community Details
No Home Owners Association
South Tacoma Subdivision
Listing and Financial Details
Assessor Parcel Number 2890000512
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,482
Year Built
Built in 1988
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 53 - Tri-plex
Year Built: 1988
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 1650
SOCComments: 2.5
Special Features: None
Cumulative Days on Market: 2
Interior Features
Possible Use: Residential
Total Bedrooms: 3
Fireplace: No
Flooring: Vinyl Plank
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Exterior Features
Roof: Composition
View: Territorial
Lot Features: Curbs, Paved, Sidewalk
View: Yes
Waterfront: No
Construction Type: Wood
Exterior Features: Wood Products
Foundation Details: Block, Poured Concrete
Property Condition: Good
Structure Type: Triplex
Garage/Parking
Carport Y N: No
Covered Parking Spaces: 3
Open Parking Spaces: 3
Open Parking: Yes
Total Parking Spaces: 6
ParkingUncoveredSpaces: 3
Utilities
Sewer: Sewer Connected
Water Source: Public
Cooling: None
Cooling Y N: No
Heating: Wall Unit(s)
Heating Yn: Yes
PowerCompany: TPU
SewerCompany: TPU
WaterCompany: TPU
WaterSewerGarbage: 2454
Condo/Co-op/Association
Senior Community: No
Association: No
Common Interest: Multi-Family
Schools
Junior High Dist: Tacoma
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 2890000512
Lot Size Acres: 0.1118
Lot Size Sq Ft: 4872
Zoning Description: Residential
Irrigation Water Rights: No
ShowMapLink: true
SiteFeatures: High Speed Internet
MLSLotSizeSource: Realist
MLSSquareFootageSource: Realist
ZoningJurisdiction: City
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 13
LeasedItems: None
TotalMonthlyIncome: 3674
Multi Family
Gross Scheduled Income: 44088
Net Operating Income: 30698
Number Of Units Total: 3
Electric Expense: 2454
Insurance Expense: 3000
Leasable Area: 1650
EnergySource: Electric
UnitsInBuildingTotal: 3
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 5482
MLS Schools
Elementary School: Buyer To Verify
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
$5,172
$543,700
$178,000
$365,700
2024
$5,172
$503,600
$172,000
$331,600
2023
$5,172
$464,600
$164,500
$300,100
2022
$3,979
$460,700
$156,900
$303,800
2021
$3,543
$281,700
$86,100
$195,600
2019
$3,107
$258,400
$69,300
$189,100
2018
$2,816
$238,900
$60,600
$178,300
2017
$2,538
$178,100
$46,900
$131,200
2016
$2,083
$138,400
$33,400
$105,000
2014
$2,015
$119,700
$32,300
$87,400
2013
$2,015
$101,400
$30,200
$71,200
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
07/19/202507/19/25
For Sale
$574,950
--
$348 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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