Listed by Better Homes and Gardens RE PC, Bought with AgencyOne
NOT LISTED FOR SALE

4527 S Puget Sound Ave Tacoma, WA 98409

South Tacoma Neighborhood
2 Beds
1 Bath
4,352 Sq Ft
6,500 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $1,075,000 $247 Per Sq Ft

204 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Patio
  • Baseboard Heating
  • Property is Fully Fenced

About This Home

As of March 2024

1031 Exchange Opportunity Abounds by Stepping into owners shoes two 4-plexes on separate tax parcels w/great cash-flow (see MLS 2129256 for other 4-plex). These well-maintained two stories are in a convenient location and set up as an 8-plex. New paint, new road and groomed landscaping. This town home has two units with 2bedrooms + den/office and the two end units are 3bedrooms. Great floor plans offering 1,030sf per unit. Each townhome offers full sized W/D, alarm system and private patios with storage. There are covered parking spaces and uncovered spaces on site, for a total of 17 spaces between both buildings. Each townhome has own water meter, Tenant pays for own utilities, including water electric sewer and garbage direct to TPU.

Last Agent to Sell the Property

Joe Maxwell

Better Homes and Gardens RE PC License #12621 Listed on: 06/20/2023

Better Homes and Gardens RE PC

Last Buyer's Agent

Quan To

AgencyOne License #93849

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2129256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 1994

Lot Details

  • 6,500 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,352 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890002628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,325

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1994
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4352
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Tacoma
  • SewerCompany: Tacoma
  • WaterCompany: Tacoma
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2890002628
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6715

Multi Family

  • Gross Scheduled Income: 80580
  • Net Operating Income: 67819
  • Number Of Units Total: 4
  • Insurance Expense: 3078
  • Leasable Area: 4352
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8325

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $1,075,000 -13.7% $247 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
10/03/2023 10/03/23 Price Changed $1,245,000 -3.9% $286 / Sq Ft
06/20/2023 06/20/23 For Sale $1,295,000 -- $298 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Maxwell

    Seller's Agent in 2024

    Joe Maxwell

    Better Homes and Gardens RE PC

    (253) 208-2904

    9 in this area

    147 Total Sales

    Joe Maxwell
    Section Image

  • Q

    Buyer's Agent in 2024

    Quan To

    AgencyOne Realty

    (425) 591-3639

    5 in this area

    22 Total Sales

    Quan To
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2129256

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Tacoma 98409 South Tacoma

4527 S Puget Sound Ave, Tacoma, WA

This home is located at 4527 S Puget Sound Ave, Tacoma, WA 98409 since 20 June 2023. This property was built in 1994. 4527 S Puget Sound Ave is a home located in Pierce County with nearby schools including Jennie Reed Elementary School, Angelo Giaudrone Middle School, and Foss High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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