$4,500,000

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    Tacoma, WA 98409

    Sold
    SOLD 2/20/2020

    $4,500,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 28,898 sq.ft.
    • Multi-Family
    • Listing# 1541995
    Favorite Share
    Views: 148 Days On Market: 2

    Property Details

    Investors Hurry!!! 17 Luxury Townhomes with spacious and well designed floor plans and high end finishes such as 9 ceilings, tile floors, granite countertops, custom cabinetry, stainless steel appliances, pantry, walk in closets, alarm systems & wooden blinds. Built to sell as individual units. 100% Occupied. Very low vacancies. Prime Location, close to I-5 Tacoma Mall and Downtown. Available now!! Investors dont miss out on this opportunity!

    • General Features
      • County Pierce
      • Zoning Code ,
      • County Pierce
      • Lot Details Corner Lot
      • Lot Square Footage 35,149
      • Number of Stories 3
      • Number of Units 17
      • Style 56-10+ Units
      • View Territorial
      • Year Built 2011
    • Building Features
      • Roof ,
      • Exterior Cement Planked
      • Amenities ,
      • Approx SqFt 28,898
      • Floor Covering ,
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $28,650
      • Net Operating Income $275,709
      • Gross Scheduled Income $343,800
      • Gross Adjusted Income $282,585
      • Total Expenses $61,215
      • Other Expenses $0
      • Insurance Expenses $8,786
      • Expenses $61,215
      • Heating Expenses $0
      • Electrical Expenses $2,328
      • Gross Rent Multiplier 143
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $50,101
      • Energy Source Electric
      • Heating and Cooling Wall
      • Water Company Tacoma Public Utilites
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma

    Neighborhood

    98409 (Tacoma) Demographics

    32 Median Age
    3,293 Population Density (per sq. mile)
    28% College Educated
    $47,591 Estimated Median Income
    3,561 Estimated Total Home Owners
    5,905 Estimated Total Renters
    38% / 62% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    23,411 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $295,000 Median Sales Price
    21 Homes Sold
    28 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        2/20/2020 12:00:00 AM Sold Source New Value: $4,500,000
        2/13/2020 1:12:48 AM Status Changed Source New Value: Pending
        12/13/2019 1:14:32 AM Status Changed Source New Value: Pending Feasibility

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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.