1214 S 8th St $449,000

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    1214 S 8th St Tacoma, WA 98405

    • 0 Beds
    • 0 Baths
    • 2,240 sq.ft.
    • Multi-Family
    Listing# 1397988 | Active
    Days On Market: 288 3 Views
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    Property Details

    Amazing cash-flowing rental property in Tacoma! With a cap rate of 6% and room to raise rents, this is an investment no-brainer. Remodeled 2.5 years ago with new exterior paint, appliances, heaters, flooring, water heaters, etc. The work has already been done, just sit back and collect the checks! Walking distance to Tacoma General. Close to downtown, the Stadium district, and bustling 6th Ave.

    • General Features
      • County Pierce
      • County Pierce
      • Lot Details Curbs, Paved Street, Sidewalk
      • Lot Square Footage 3,500
      • Number of Stories 2
      • Number of Units 2
      • Style 52-Duplex
      • Year Built 1910
    • Building Features
      • Roof Compostion
      • Exterior See Remarks
      • Amenities Basement
      • Approx SqFt 2,240
    • Financials
      • Total Monthly Income $2,760
      • Net Operating Income $29,220
      • Gross Scheduled Income $31,920
      • Gross Adjusted Income $31,920
      • Total Expenses $2,700
      • Other Expenses $0
      • Insurance Expenses $924
      • Expenses $2,700
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 15
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $3,089
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma

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    Neighborhood

    98405 (Tacoma) Demographics

    34Median Age
    5,851Population Density (per sq. mile)
    34%College Educated
    $47,371 Estimated Median Income
    4,221Estimated Total Home Owners
    5,348Estimated Total Renters
    44% / 56%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    24,125Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $304,950 Median Sales Price
    36 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $449,000
        5/14/2019 8:31:06 PM Status Changed Source New Value: Active
        5/7/2019 10:50:54 PM Status Changed Source New Value: Pending
        1/5/2019 11:41:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.