908 74th St E $425,000

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    908 74th St E Tacoma, WA 98404

    Sold
    SOLD 11/22/2019

    $425,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 3,312 sq.ft.
    • Multi-Family
    • Listing# 1534527
    Favorite Share
    Views: 17 Days On Market: 88

    Property Details

    Great opportunity to own a money making four-plex with a great rental history! Each unit is 2 beds 1 bath with large living rooms, kitchens with eating spaces and private washer/dryer in each unit. Large fully fenced shared back yard for the lower units and private balconies for the upper units. Roof is less than 10 years. Cap rate is 5.6% with under market value rents.

    • General Features
      • County Pierce
      • Zoning Code Multi-Family
      • County Pierce
      • Lot Details Cul-de-sac, Paved Street
      • Lot Square Footage 10,627
      • Number of Stories 2
      • Number of Units 4
      • Site Features Cable TV, Fenced-Fully, Patio
      • Style 54-4-Plex
      • Year Built 1985
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Approx SqFt 3,312
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $3,200
      • Net Operating Income $24,140
      • Gross Scheduled Income $38,400
      • Gross Adjusted Income $38,400
      • Total Expenses $14,260
      • Other Expenses $0
      • Insurance Expenses $1,200
      • Expenses $14,260
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 12
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $5,260
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company TPU
      • Sewer Company Sewer Connected
    • Schools
      • School District Franklin Pierce
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98404 (Tacoma) Demographics

    32 Median Age
    4,481 Population Density (per sq. mile)
    22% College Educated
    $46,900 Estimated Median Income
    6,139 Estimated Total Home Owners
    4,811 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    34,119 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $326,500 Median Sales Price
    26 Homes Sold
    37 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        11/22/2019 12:00:00 AM Sold Source New Value: $425,000
        10/25/2019 7:41:21 PM Status Changed Source New Value: Pending

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        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.