$585,000

2 Beds 3 Baths 1,565 SQFT 0.07 Acres

Type: Multi-Family

1214 Yakima Avenue # A & B
Tacoma, WA 98405

MLS#: 2587168

Presented by: KW Mountains to Sound Realty and NWMLS

Property Description

Excellent investment opportunity in prime North Tacoma! This updated, turnkey duplex features versatile RCX zoning (buyer to verify) and exceptional upside potential. The vacant main unit is move-in ready and ideal for an owner-occupant or a savvy investor with prospective market rent opportunity projected at $2,400/mo. The upper unit is tenant-occupied on a 1-year lease at $1,200/mo, offering immediate cash flow with upside rent potential (projected $1,800/mo). Major 2023 updates include fresh interior/exterior paint, new carpet, updated fixtures, plus a new fence and refreshed landscaping. Complete with 3 off-street alley parking spaces and a storage shed for each unit, this like-new property is ready to add immediate value to your portfolio!

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

FlooringLaminate, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesBasement, Storage, Thermal Windows

Building Area Units0 sqft

Cap Rate6.2

Carport Spaces0

Carport Y/NNo

CityTacoma

CoolingNone

CountyPierce

DirectionsFrom Hwy 705, Exit S 13th Street, head West. Turn Right on S Yakima Ave. Property is on the Left. Double listing #2173746

Electric Expense100

Elementary SchoolBuyer To Verify

Energy EfficientThermal Windows

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingWall Furnace

High SchoolBuyer To Verify

High School DistrictTacoma

Insurance Expense1219

Leasable Area1,491 sqft

Listing TermsCash, Conventional, FHA, USDA Loan, VA Loan

Living Area0 sqft

Lot Size Square Feet3,250 sqft

Lot Size UnitsSquare Feet

MLS Area29 - Central Tacoma

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

Net Operating Income36794

New ConstructionNo

Number Of Units Total2

PossessionClosing

Property ConditionGood

Property Style52 - Duplex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksExcellent investment opportunity in prime North Tacoma! This updated, turnkey duplex features versatile RCX zoning (buyer to verify) and exceptional upside potential. The vacant main unit is move-in r

RoofComposition

Security FeaturesFully Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusComing Soon

StatusFirst Look

Structure TypeDuplex

Subdivision NameHilltop

Tax Annual Amount$4,761

Tax Year2026

Unit Number0

Units Below Gradetrue

Units In Building Total2

ViewTerritorial

Water CompanyTPU

Water Sewer Garbage326

Year Built1910

Exterior

Building Area Total1,565 sqft

Covered Spaces0

Exterior AmenitiesWood

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesCurbs, Paved, Sidewalk

Lot Size Acres0.0746

Parking Uncovered Total3

Site FeaturesCable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings

Total Parking3

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School Buyer To Verify High School

Elementary School Buyer To Verify Elementary School

Middle School Buyer To Verify Middle School

Similar Properties

$585,000

2 Beds 3 Baths 1,565 SQFT 0.07 Acres

Type: Multi-Family

1214 Yakima Avenue # A & B
Tacoma, WA 98405

MLS#: 2587168

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Property

$585,000

1214 Yakima Avenue # A & B
Tacoma, WA 98405

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$585,000

1214 Yakima Avenue # A & B
Tacoma, WA 98405

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About

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Property

$585,000

1214 Yakima Avenue # A & BTacoma, WA 98405

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$585,000

1214 Yakima Avenue # A & BTacoma, WA 98405

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1214 Yakima Avenue # A & B
Tacoma, WA 98405

1214 Yakima Avenue # A & B
Tacoma, WA 98405