Listed by eXp Realty
$700,000
$75K PRICE DROP

Estimated payment $4,215/month

Total Views 215,419
5 Beds
2 Baths
2,722 Sq Ft
$257 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding
  • Stadium High School Rated A-

About This Home

What better location than 6th Ave if you are a fan of units with a high walkability score, 89. Biking score 74. Unique zoning offers a lot of different uses... Currently used as short-and medium-term rental units. 4 beds and 1 bath with 2nd dwelling unit on the backside. May have enough room to add more units? Or tear down and go up. Open living on the main floor, with 2 bedrooms could also be used as office space or work rooms. Upstairs 2 more bedrooms. Also, an unfinished basement to add more usable sq ft if needed. Garage too. No building setbacks, Add to the current footprint? It also could be a attorney's office? Restaurant? Salon? retail? Or go up in height just like the building across the street?

Listing Agent

Christopher Seim

eXp Realty License #107338 Listed on: 06/05/2024

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2246837

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1924

Lot Details

  • 6,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3245002560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,186

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1924
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2722
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 396

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 1424.28

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 3245002560
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.9
  • LeasedItems: None
  • TotalMonthlyIncome: 6400

Multi Family

  • Gross Scheduled Income: 78000
  • Net Operating Income: 61860
  • Number Of Units Total: 2
  • Electric Expense: 2848.56
  • Insurance Expense: 2935
  • Leasable Area: 2767
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4186

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,613 $529,500 $365,900 $163,600
2024 $5,613 $529,500 $365,900 $163,600
2023 $5,613 $504,300 $365,900 $138,400
2022 $3,752 $403,000 $212,300 $190,700
2021 $3,575 $284,300 $184,800 $99,500
2019 $3,361 $284,300 $184,800 $99,500
2018 $3,713 $258,500 $168,000 $90,500
2017 $3,232 $235,000 $152,700 $82,300
2016 $3,164 $191,100 $131,000 $60,100
2014 $3,384 $182,000 $131,000 $51,000
2013 $3,384 $182,000 $131,000 $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Price Changed $700,000 -3.4% $257 / Sq Ft
10/17/2024 10/17/24 Price Changed $725,000 -6.5% $266 / Sq Ft
08/08/2024 08/08/24 For Sale $775,000 0.0% $285 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $775,000 -- $285 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $485,000 First American Title
Warranty Deed $339,719 Ticor
Warranty Deed $374,594 Safeco Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $451,250 New Conventional
Previous Owner $323,727 Commercial
Previous Owner $63,000 Commercial
Source: Public Records

About the Listing Agent

Christopher Seim

eXp Realty

(253) 400-1658

Section Image

Christopher Seim has been involved in every aspect of the Real Estate buying and selling process. Including buying, selling, rehabbing, flips, rentals, building homes and running a Mortgage Company.
Straight out of the Army at twenty two, he obtained his real estate license. At twenty six he bought his first home or you could say homes. Instead of one, he bought five homes in the same month.

Still going strong years later he has a wealth of knowledge learned from his ups and downs in

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2246837

Northwest Multiple Listing Service (NWMLS)

APN: 324500-2560