Presented by: KW Greater Seattle and NWMLS
Property Description
Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry, Thermal Windows
Building Area Units0 sqft
Cap Rate6.3
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsOn the SE corner of S 56th St & S Thompson Ave.
Electric Expense1223
Elementary SchoolMann
Energy EfficientThermal Windows
Fuel Expense0
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolMt Tahoma
High School DistrictTacoma
Insurance Expense8148
Leasable Area4,760 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet6,195 sqft
Lot Size UnitsSquare Feet
MLS Area52 - South Tacoma
Middle/Junior High SchoolGiaudrone Mid Sch
NWM_ShowMapLinkY
Net Operating Income87373
New ConstructionNo
Number Of Units Total10
Open Parking Spaces5
PossessionClosing
Property Style56 - 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGreat 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery s
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameSouth Tacoma
Tax Annual Amount$13,202
Tax Year2025
Units Below Gradefalse
Units In Building Total10
ViewTerritorial
Water CompanyTacoma Public Utilities
Water Sewer Garbage11262
Year Built1973
Exterior
Building Area Total4,760 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions120' x 54' x 120' x 55'
Lot FeaturesAlley, Corner Lot, Curbs, Paved, Secluded
Lot Size Acres0.1422
Parking Uncovered Spaces5
Site FeaturesCable TV
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Mt Tahoma High School
Middle School
Giaudrone Mid Sch
Elementary School
Mann Elementary School