$585,000

2 Beds 3 Baths 1,565 SQFT 0.07 Acres
Type: Multi-Family

1214 Yakima Avenue # A & B
Tacoma, WA 98405

MLS#: 2595444
Presented by: KW Mountains to Sound Realty; Carlie Hendrickson; 360-813-8873; carlie.pnwhomes@gmail.com

Property Description

 

Excellent investment opportunity in prime North Tacoma! Just steps away from UW Tacoma and Bates Technical College. This updated, turnkey duplex features versatile RCX zoning (buyer to verify) and exceptional potential. The vacant main unit is move-in ready and ideal for an owner-occupant or a savvy investor with prospective market rent 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 future rent potential of $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 amazing property is ready to add immediate value to your portfolio! Unit B available to show after mutual contract.


 

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
Building Area Units0 sqft
Cap Rate6.3
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 Expense213
Elementary SchoolBuyer To Verify
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 Income37220
New ConstructionNo
Number Of Units Total2
PossessionClosing
Possible UseSee Remarks
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExcellent investment opportunity in prime North Tacoma! Just steps away from UW Tacoma and Bates Technical College. This updated, turnkey duplex features versatile RCX zoning (buyer to verify) and exc
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameHilltop
Tax Annual Amount$4,762
Tax Year2026
Unit Number0
Units Below Gradetrue
Units In Building Total2
ViewTerritorial
Water CompanyTPU
Water Sewer Garbage213
Year Built1910
Zoning DescriptionSee Remarks

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#: 2595444