Listed by Columbia Partners Real Estate, Bought with Terrafin
$1,108,000
SOLD APR 17, 2025

4560 S Puget Sound Ave Unit 4566 Tacoma, WA 98409

South Tacoma Neighborhood
12 Beds
12 Baths
4,936 Sq Ft
5,418 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • 4-minute walk to South Park
  • No HOA

About This Home

As of April 2025

Sought after turnkey Tacoma 4plex opportunity. Built new in 2006 pride of ownership is evident. All 4 units are 3 bedrooms, 1.75 bathrooms, 1234 square feet with in unit washer/dryer & 210 square foot 1 car garages. These units live like private townhomes. All units are individually addressed and individually metered for ALL utilities so tenants pay utility providers direct. Landlord has no utility cost only taxes and insurance. New roof 2025. Turnkey with lots of potential. Very rare maybe possible to divide into two duplexes of individual homes?

Last Agent to Sell the Property

Mark Caldwell

Columbia Partners Real Estate License #23577 Listed on: 03/08/2025

Last Buyer's Agent

Jesse Nelson

Terrafin License #110465

Terrafin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2342029

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,281

Year Built

  • Built in 2006

Lot Details

  • 5,418 Sq Ft Lot
  • Lot Dimensions are 130 x 42
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,936 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890002732

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,281

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2006
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4936
  • Special Features: VirtualTour
  • Cumulative Days on Market: 33

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile
  • 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: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • CableConnected: various
  • InternetConnected: various
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2890002732
  • Lot Size Acres: 0.1244
  • Lot Size: 130 x 42
  • Lot Size Sq Ft: 5418
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: relist
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.5
  • LeasedItems: None
  • TotalMonthlyIncome: 7000

Multi Family

  • Gross Scheduled Income: 84000
  • Net Operating Income: 71319
  • Number Of Units Total: 4
  • Insurance Expense: 2400
  • Leasable Area: 4936
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
Apr 10, 2025
Sold by
Eillis-Wang Jocelyn
Bought by
Hunnicutt Caleb and Hunnicutt Jaya
Seller's Agent
Mark Caldwell
Columbia Partners Real Estate
Buyer's Agent
Jesse Nelson
Terrafin
List Price
$1,075,000
Sold Price
$1,108,000
Premium/Discount to List
$33,000
3.07%
Total Days on Market
7
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.43%
Original Mortgage
$1,130,690
Outstanding Balance
$1,130,690
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$143,611

Purchase Details

Closed on
Feb 23, 2018
Sold by
Pearson Franks Nicholas R
Bought by
Eillis Wang Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Hill Craig D and Hill Kristen N
Bought by
Hill Craig E and Hill Ginger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,260
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
Wet Fly Investments Llc
Bought by
Hill Craig E and Hill Ginger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,560
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,108,000 Old Republic Title
Quit Claim Deed -- Puget Sound Title
Warranty Deed $679,719 Puget Sound Title
Interfamily Deed Transfer -- Puget Sound Title Puyallup
Warranty Deed $599,450 Ticor Title Of Wa Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,130,690 New Conventional
Previous Owner $503,900 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $401,260 New Conventional
Previous Owner $479,560 Fannie Mae Freddie Mac
Previous Owner $59,945 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $1,108,000 +3.1% $224 / Sq Ft
03/15/2025 03/15/25 Pending -- -- --
03/08/2025 03/08/25 For Sale $1,075,000 -- $218 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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
2024 $10,281 $998,800 $195,300 $803,500
2023 $10,281 $924,600 $186,800 $737,800
2022 $9,370 $897,900 $179,000 $718,900
2021 $8,538 $680,100 $98,200 $581,900
2019 $7,585 $663,400 $79,100 $584,300
2018 $7,825 $584,300 $69,100 $515,200
2017 $7,068 $495,900 $50,900 $445,000
2016 $615 $390,100 $36,200 $353,900
2014 $651 $329,600 $35,100 $294,500
2013 $651 $272,700 $32,800 $239,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2342029

Northwest Multiple Listing Service (NWMLS)

APN: 289000-2732