5404 S M Street, Tacoma, WA 98408 | MLS #NWM2321667 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of KW Greater SeattleNWMLSas Distributed by MLSGrid- MLS# NWM2321667MLS Provider

5404 S M StreetTacoma, WA 98408

Multi-Family · 12 Beds · 7,889 Sq. ft. | 0.27 Acres
$1,775,000 Active

5404 S M Street Overview

Visits:
5

Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets, quartz counters, undermount sinks, microwaves and stainless appliances. Updated bathrooms with tile surrounds. All units updated with their own electric meter and wall heat. Original hardwood floors through-out most of the units. Newer roof and hot water boiler. On-site coin-op laundry room and storage units for each unit. 6 garage units that are fully rented.

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5404 S M Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,889
  • Price/Sq.ft. $225
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Mann
  • Middle Or Junior School: Giaudrone Mid Sch
  • High School: Lincoln High

Income/Expenses

  • Other Expense: 11816
  • Electric Expense: 4419
  • Fuel Expense: 0
  • Gross Scheduled Income: 176820
  • Insurance Expense: 4447
  • Net Operating Income: 123029
  • Total Expenses: 44950
  • Total Monthly Income: 14735
  • Water/Sewer/Garbage: 11066

Building Information

  • New Construction: No
  • Year Built: 1949

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 51 - South Tacoma
  • Subdivision Name: South Tacoma

Community/Development

  • Amenities: Basement,Coin Op Laundry,Storage

Tax Information

  • Tax Annual Amount: $13,202.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 7785006900
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 6

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 7889
  • Building Area Units: Square Feet
  • Calculated Square Footage: 7889
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 5790
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 0
  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Spaces: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.2686
  • Lot Size Dimensions: 100' x 117'
  • Lot Size Square Feet: 11700
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick
  • Number Of Units Total: 10
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 1200
  • Beds Total: 1
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 1375
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1375
  • Beds Total: 2
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 900

5404 S M Street Neighborhood

Community

98408 (Tacoma) Demographics

37
Median Age
6,035
Population Density (per sq. mile)
32%
College Educated
$58,961
Estimated Median Income
4,817
Estimated Total Home Owners
3,163
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5404 S M Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5404 S M Street Market Data

Based on the last 30 days in this zip code

$445,716
Average List Price
$274
Average Price per Square Foot
34
Properties Sold
49
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network