Sold
Last Sold Price
6,360 sqft$173/sqft
6648 Littlerock Rd SW, Tumwater, WA 98512
Multi FamilyProperty Type
0.81 acresLot Size
1981Year Built
$173/sq ftPrice per sq ft
12 carsParking Spaces

Description

Walnut Grove is a stabilized six-plex near Wal-Mart, Costco, Fred Meyer and public schools. Large updated two-bedroom units with storage closets off decks and patios. All units are equipped with new washers and dryers & new appliances. Large site with picnic area beneath 100-year old walnut trees. Bus kiosk. Screened tenants. Recent executed leases. Below market rents, good upside for your new or mature savvy investor. Market rent at $1,450 per month could raise OAR to 7.00% with efficient management....Walnut Grove is a stabilized six-plex near Wal-Mart, Costco, Fred Meyer and public schools. Large updated two-bedroom units with storage closets off decks and patios. All units are equipped with new washers and dryers & new appliances. Large site with picnic area beneath 100-year old walnut trees. Bus kiosk. Screened tenants. Recent executed leases. Below market rents, good upside for your new or mature savvy investor. Market rent at $1,450 per month could raise OAR to 7.00% with efficient management. New owner, utilities reimbursements or carport fees? I am selling because I moved out of the area.
  • Listed by: Mark J. Valko 425.233.0273 mark@valkocommercial.com • Valko Commercial LLC
Listing closed: 05/22/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2193874

Location

Listing Courtesy of Valko Commercial LLC

Sold By Windermere Bellevue Commons

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$6,450 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$859

HOA Dues

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Property Information for 6648 Littlerock Road Southwest

Property Details
  • Taxes: $10,311 / year
  • MLS Type: Residential Income
  • Community Name: Tumwater
  • School District: Tumwater
  • Number of Assigned Spaces: 12
  • Total Covered Parking: 0
  • Entry Date: 01-24-2024
  • Energy Source: Electric
  • Sewer: Septic Tank
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1981
  • Lot Size: 0.81 AC / 35,368 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Fenced-Partially, Patio
  • Area: 443 - Tumwater
  • Directions: I-5 southbound to Trosper Rd west to Littlerock Rd south past Albertson's, Fred Meyer, Costco, Wal-Mart, school to Walnut Grove. I-5 northbound to Tumwater Blvd west to Littlerock Rd north to W.G.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Metal
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3265
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 1
  • Lot Size Source: Public records
  • Parcel Number Free Text: 12704411700
  • Building Condition: Average
  • Calculated Square Footage: 6360
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6360.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $184
  • Total Expenses: 24285
  • Gross Adjusted Income: 97080
  • Gross Rent Multiplier: 12.1
  • Gross Scheduled Income: $97,080
  • Insurance Expense: $4,452
  • Net Operating Income: $72,795
  • Other Expenses: $6,073
  • Total Monthly Income: 97080
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6360.0
  • Leasable Area Units: Square Feet

Property History for 6648 Littlerock Road Southwest

DateEvent & SourcePriceAppreciation
May 22, 2024

Sold

NWMLS #2193874

$1,100,000—
May 22, 2024

Sold

NWMLS #2193874

$1,000,000—
May 14, 2024

Sold (Public Record)

Public Record #1532277948

$1,100,000

+11.3% / yr

DateEvent & SourcePrice
05/22/2024

Sold

NWMLS #2193874

$1,100,000
05/22/2024

Sold

NWMLS #2193874

$1,000,000
05/14/2024

Sold (Public Record)

Public Record #1532277948

$1,100,000

+11.3% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6648 Littlerock Road Southwest

Taxable ValueLand$210,000Additions$733,900Total$943,900
Tax Record2026$9,401 ($783 / month)
Home Facts
Baths6Total Finished SqFt6,360 SqFtAbove Ground SqFt6,360 SqFtStories2Lot Size35,368 SqFtStyleMulti-Family Dwelling (2-4)Year Built1981Year Renovated1985ZoningMFMCountyTHURSTONAPN12704411700

Schools near 6648 Littlerock Road Southwest

This home is within Tumwater School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Michael T Simmons Elementary School
PublicPK to 5

Tumwater Middle School
Public6 to 8

A G West Black Hills High School
Public9 to 12

New Market High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valko Commercial LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.