Bought with Skyline Properties, Inc.
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Key Details
Sold Price $481,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $358
Subdivision South Tacoma
MLS Listing ID 2286471
Sold Date 11/19/24
Style 52 - Duplex
Bedrooms 4
Year Built 1969
Annual Tax Amount $4,633
Lot Size 6,000 Sqft
Property Description
Whether you're a first-time investor or expanding your portfolio, this duplex in Tacoma is a prime investment opportunity. Both units feature in-unit washers and dryers, private yards with storage units and covered parking via a paved alley. Located conveniently near schools and shopping centers, this property boasts a brand-new roof installed in August 2024, fresh exterior paint and side sewer replaced. Add-on value, refresh interiors and increase rents to market value. With tenants in place until December 2024 and June 2025, each paying (billed back) $175/month in utilities, this investment offers a solid 6% cap rate—making it a smart addition to any real estate portfolio.
Location
State WA
County Pierce
Area 45 - South Tacoma
Interior
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Fenced-Partially, Outbuildings, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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