2080 E 56th St $520,000

    Close

    2080 E 56th St Tacoma, WA 98404

    • 0 Beds
    • 0 Baths
    • 3,100 sq.ft.
    • Multi-Family
    Listing# 1474760
    SOLD 9/6/2019

    $520,000

    Days On Market: 40 2 Views
    Add to Favorites Share

    Property Details

    Back on market, buyers financing fell thru. Investor alert, value add opportunity on this 4-Plex located at the end of a dead end street directly next to Swan Creek Park and the brand new Eastside Community Center. The two upper units are rented to long time tenants at well below market rental rates. The lower two units are vacant and part way thru a renovation making for a great opportunity to put your own finishing touches before bringing them up to market rents. New appliances in units.

    • General Features
      • County Pierce
      • Zoning Code Multi-Family
      • County Pierce
      • Lot Details Corner Lot, Curbs, Dead End Street, Paved Street
      • Lot Square Footage 9,712
      • Number of Stories 2
      • Number of Units 4
      • Site Features Deck
      • Style 54-4-Plex
      • View Territorial
      • Year Built 1986
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Approx SqFt 3,100
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $4,600
      • Net Operating Income $42,250
      • Gross Scheduled Income $55,200
      • Gross Adjusted Income $52,400
      • Total Expenses $10,190
      • Other Expenses $0
      • Insurance Expenses $1,000
      • Expenses $10,190
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 10
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $5,498
      • Energy Source Electric
      • Heating and Cooling Forced Air
      • Sewer Company Sewer Connected
    • Schools
      • School District Tacoma

    Neighborhood

    98404 (Tacoma) Demographics

    32Median Age
    4,481Population Density (per sq. mile)
    22%College Educated
    $46,900 Estimated Median Income
    6,139Estimated Total Home Owners
    4,811Estimated Total Renters
    56% / 44%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    34,119Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $315,000 Median Sales Price
    48 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        9/6/2019 12:00:00 AM Sold Source New Value: $520,000
        8/5/2019 8:41:10 PM Status Changed Source New Value: Pending
        7/31/2019 5:31:18 PM Status Changed Source New Value: Active
        6/30/2019 2:00:58 PM Status Changed Source New Value: Pending
        6/26/2019 8:40:59 AM Status Changed Source New Value: Active
        6/23/2019 5:50:58 PM Status Changed Source New Value: Pending

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.

        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.