Listed by Windermere Prof Partners
$1,125,000
$25K PRICE DROP

Estimated payment $7,132/month

Total Views 5,112
10 Beds
5 Baths
4,288 Sq Ft
$262 Price per Sq Ft

Highlights

  • 0.37 Acre Lot
  • Patio
  • Wood Siding
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

This is a fantastic opportunity for 5 two-bedroom units as an assemblage of 2 adjacent parcels containing one triplex and one duplex w/ coin-op laundry room. Since they are separate parcels, both must be purchased together as a package and close simultaneously. These are all well- maintained and professionally managed units with the same owners for decades. Both buildings had new roofs in 2022.

Listing Agent

Brent Tornquist

Windermere Prof Partners License #20433 Listed on: 05/09/2025

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2373846

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,026

Year Built

  • Built in 1968

Lot Details

  • 0.37 Acre Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,288 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9120000391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,026

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1968
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4288
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 87

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 13798

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 9120000391
  • Lot Size Acres: 0.373
  • Lot Size Sq Ft: 16250
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.21
  • LeasedItems: None
  • TotalMonthlyIncome: 7250

Multi Family

  • Gross Scheduled Income: 87001
  • Net Operating Income: 56413
  • Number Of Units Total: 5
  • Insurance Expense: 4024
  • Leasable Area: 4288
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11026

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

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Price Changed $1,125,000 -2.2% $262 / Sq Ft
05/09/2025 05/09/25 For Sale $1,150,000 -- $268 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2373846

Northwest Multiple Listing Service (NWMLS)