1424 tacoma Ave S $1,800,000

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    1424 tacoma Ave S Tacoma, WA 98402

    • 0 Beds
    • 0 Baths
    • 9,100 sq.ft.
    • Multi-Family
    Listing# 1446295 | Active

    $1,800,000

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    Days On Market: 148 1 Views
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    Property Details

    Excellent location for this DR Zoned property with 2 buildings, 4 separate parcel on corner lot. 17 rooms for rent with shared common areas and 3000 sf commercial space in down town Tacoma . Ideal investment opportunity - sale/leaseback with future redevelopment opportunities based on flexible Mixed Used Commercial zoning.

    • General Features
      • County Pierce
      • Style 56-10+ Units
      • Number of Stories 4
      • Number of Units 18
      • Year Built 1951
      • Lot Details Value In Land
      • Lot Square Footage 16,300
      • County Pierce
    • Building Features
      • Approx SqFt 9,100
      • Roof Compostion
      • Exterior Cement/Concrete, Wood Products
      • Floor Covering Ceramic Tile, Laminate Hardwood, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $0
      • Net Operating Income $65,783
      • Gross Scheduled Income $112,668
      • Gross Adjusted Income $112,668
      • Total Expenses $40,069
      • Other Expenses $6,816
      • Insurance Expenses $5,685
      • Expenses $40,069
      • Heating Expenses $3,420
      • Electrical Expenses $7,896
      • Gross Rent Multiplier 6
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $10,201
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Forced Air
      • Water Company Tacoma PU
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma

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    Neighborhood

    98402 (Tacoma) Demographics

    36Median Age
    6,394Population Density (per sq. mile)
    46%College Educated
    $40,657 Estimated Median Income
    439Estimated Total Home Owners
    2,916Estimated Total Renters
    13% / 87%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    6,023Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $435,000 Median Sales Price
    11 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: $1,800,000
        4/26/2019 7:11:00 PM 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.