Listed by Keller Williams Rlty Bellevue, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

5408 Mckinley Ave Unit 5410 Tacoma, WA 98404

Eastside Neighborhood

Estimated Value: $446,000 - $549,000

4 Beds
2 Baths
1,912 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $440,000 $230 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,144/month

17 Days on Market

Highlights

  • Territorial View
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding

About This Home

As of August 2024

Rare investment opportunity!! The duplex (possible triplex) you've been waiting for in a residential neighborhood!! Whether you're an investor seeking a property with lucrative rental opportunities or a homeowner looking to generate additional income, this duplex is a golden opportunity. It's like a triplex with a 3rd electrical service to garage, Possible ADU! With a total of 1,912+sqft of rentable space, 2 car garage, each unit offers 2 bedrooms and 1 bath with individual laundry hookups, a fenced backyard, and a low-maintenance yard ensuring comfort and convenience and separate entrances. Commuting is a breeze, connecting effortlessly to Tacoma and beyond. Explore a myriad of nearby amenities, including shopping, restaurants & schools.

Last Agent to Sell the Property

Valerie Verburg

Keller Williams Rlty Bellevue License #123214 Listed on: 07/19/2024

Keller Williams Rlty Bellevue

Last Buyer's Agent

Alina Cucereavii

Skyline Properties, Inc. License #110820

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2266826

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,877

Year Built

  • Built in 1941

Lot Details

  • 6,000 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2625000292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1912
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Washington Natural Gas
  • SewerCompany: Tacoma Public
  • WaterCompany: Tacoma Public
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2625000292
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Shop
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: County records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2435

Multi Family

  • Gross Scheduled Income: 27994
  • Net Operating Income: 23866
  • Number Of Units Total: 2
  • Leasable Area: 1912
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4877

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Darii Ion P
Bought by
Darii Ion P and Darii Angela
Current Estimated Value
$497,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,250
Outstanding Balance
$461,703
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,167

Purchase Details

Listed on
Jul 19, 2024
Closed on
Aug 14, 2024
Sold by
Darii Angela
Bought by
Darii Ion
Seller's Agent
Valerie Verburg
Keller Williams Rlty Bellevue
Buyer's Agent
Alina Cucereavii
Skyline Properties, Inc.
List Price
$440,000
Sold Price
$440,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$457,600
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2007
Sold by
Eagle Rock Associates Llc
Bought by
Ward Willis D and Ward Felicia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Nielsen Ron D
Bought by
Eagle Rock Associates Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Davidson Michael W
Bought by
Nielsen Ron D and Nielsen Judith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1997
Sold by
Davidson Michael W
Bought by
Davidson Michael W and Davidson Cindy Salaverry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,008
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 1995
Sold by
Beardemphil William E
Bought by
Davidson Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,387
Interest Rate
9.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Darii Ion P -- Fidelity National Title
Darii Ion -- Chicago Title
Darii Ion $440,000 Chicago Title
Ward Willis D $200,000 Chicago Title Insurance Co
Eagle Rock Associates Llc -- --
Nielsen Ron D $167,000 Transnation Title Ins Co
Davidson Michael W -- --
Davidson Michael W $116,339 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darii Ion P $463,250
Previous Owner Darii Ion $457,600
Previous Owner Ward Willis D $151,900
Previous Owner Ward Willis D $159,900
Previous Owner Nielsen Ron D $125,250
Previous Owner Davidson Michael W $100,008
Previous Owner Davidson Michael W $99,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $440,000 0.0% $230 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $440,000 -- $230 / 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
2025 $5,242 $412,300 $183,800 $228,500
2024 $5,242 $516,900 $176,900 $340,000
2023 $5,242 $470,900 $164,800 $306,100
2022 $4,580 $469,600 $163,900 $305,700
2021 $4,224 $336,000 $102,400 $233,600
2019 $3,622 $306,400 $85,400 $221,000
2018 $3,344 $278,600 $68,300 $210,300
2017 $2,805 $211,600 $52,400 $159,200
2016 $2,621 $159,600 $39,000 $120,600
2014 $2,167 $150,700 $37,900 $112,800
2013 $2,167 $130,000 $33,200 $96,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2266826

Northwest Multiple Listing Service (NWMLS)

APN: 262500-0292