$1,099,000

8 Beds 4 Baths 2,936 SQFT 0.21 Acres
Type: Multi-Family

105 E 96th Street
Tacoma, WA 98445

MLS#: 2517607
Presented by: Skyline Properties, Inc. and NWMLS

Property Description

 

Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate7.3
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingForced Air, Window Unit(s)
CountyPierce
DirectionsPacific Ave, East on 96th St E, property will be on the north side of 96th. Triplex is at the back right / northeast corner.
Electric Expense0
Elementary SchoolLarchmont
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolMt Tahoma
High School DistrictTacoma
Insurance Expense1581
Leasable Area3,229 sqft
Listing TermsAssumable, Conventional, See Remarks
Living Area0 sqft
Lot Size Square Feet9,148 sqft
Lot Size UnitsSquare Feet
MLS Area62 - Southeast Tacoma
Middle/Junior High SchoolBaker
NWM_ShowMapLinkY
Net Operating Income80512
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7, 700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maint
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsSee Remarks
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameLarchmont
Tax Annual Amount$3,287
Tax Year2025
Units Below Gradefalse
Units In Building Total3
Water CompanyTPU
Water Sewer Garbage7020
Year Built1986
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,936 sqft
Covered Spaces1
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Number320,338,055
Lot Size Acres0.21
Parking Uncovered Total6
Site FeaturesDeck, Fenced-Partially, Patio
Total Parking7
Water SourceSee Remarks
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Baker Middle School
High School Mt Tahoma High School
Elementary School Larchmont Elementary School

  

Similar Properties

$1,099,000

8 Beds 4 Baths 2,936 SQFT 0.21 Acres
Type: Multi-Family

105 E 96th Street
Tacoma, WA 98445

MLS#: 2517607