Listed by Kidder Mathews, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

711 S State St Tacoma, WA 98405

Central Tacoma Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Last Sold March 08, 2021

Last sale price $815,000

26 Days on Market

About This Home

As of March 2021

The State Street 5-plex is a two-story wood framed building holding both studio and one-bedroom units. Meticulously maintained, this 5-plex is being offered to investors for the first time in over 25 years. State street offers new ownership steady cashflow in an extremely desirable North Tacoma location. Sitting on about 0.13 acres right near the 6th Avenue and Sprague interchange, this value-add 5-plex
is primed for interior renovations.

Last Agent to Sell the Property

Austin Kelley

Kidder Mathews License #131596 Listed on: 12/07/2020

Last Buyer's Agent

Nelya Calev

John L. Scott, Inc License #97542

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1696078

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1976

Lot Details

  • 5,750 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3830200400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,668

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Industrial
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceramic Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • 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
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3830200400
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningClass: Industrial-Light

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4401

Multi Family

  • Gross Scheduled Income: 52820
  • Net Operating Income: 36799
  • Number Of Units Total: 5
  • Insurance Expense: 1000
  • Leasable Area: 3120
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4668

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $815,000 -1.2% --
01/02/2021 01/02/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $825,000 0.0% --
12/10/2020 12/10/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $825,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin Kelley

    Seller's Agent in 2021

    Austin Kelley

    Kidder Mathews

    (360) 705-2800

    1 in this area

    29 Total Sales

    Austin Kelley
    Section Image
  • Nelya Calev

    Buyer's Agent in 2021

    Nelya Calev

    John L Scott

    (425) 301-7564

    1 in this area

    60 Total Sales

    Nelya Calev
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1696078

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Tacoma 98405 Central Tacoma

711 S State St, Tacoma, WA

This home is located at 711 S State St, Tacoma, WA 98405 since 07 December 2020. This property was built in 1976. 711 S State St is a home located in Pierce County with nearby schools including Bryant Montessori School, Hilltop Heritage 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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