1004 South 9th Street

Tacoma, WA 98405

$2,175,000
Last Sold Price
17
Beds
13.5
Baths
10,065 Sq. Ft.
$216 / Sq. Ft.
10,065
Sq. Ft.
$216
per Sq. Ft.

Description

Calling All Investors! South Ninth Apartments features a total of 13 units with a mix of ten 1 bed/1 bath units, two 2 bed/1 bath units, and a brand new 3 bed/1.5 bath unit. Most units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, updated bathrooms & new interior & exterior paint. Tenants pay for W/S/G via RUBs. On-site laundry room. This is the perfect opportunity to acquire and start collecting rents at a great CAP Rate! Value add opportunity to increase...Calling All Investors! South Ninth Apartments features a total of 13 units with a mix of ten 1 bed/1 bath units, two 2 bed/1 bath units, and a brand new 3 bed/1.5 bath unit. Most units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, updated bathrooms & new interior & exterior paint. Tenants pay for W/S/G via RUBs. On-site laundry room. This is the perfect opportunity to acquire and start collecting rents at a great CAP Rate! Value add opportunity to increase rents! The building is in an excellent location near hospitals, shopping centers, restaurants, stadiums, and the future rail. Sellers looking to do a 1031 Exchange!
  1. Listed by Kekoa Michael Lwin • eXp Realty
  2. Listed by Octavio Bustillos • eXp Realty

Property Details for 1004 South 9th Street

Community Name
Central Tacoma
School District
Tacoma
View
Territorial
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
05-05-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty

Sold By Better Properties Gig Harbor

Add your commute
LISTING UPDATED: 09/02/2023 09:51 AM

Property Details for 1004 South 9th Street

StatusSold
MLS #2063616
Days on Market40
Cumulative Days on Market40
Taxes$17,853 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.15 AC / 6,500 SF
CountyPierce County

Location

Listing Courtesy of eXp Realty

Sold By Better Properties Gig Harbor

Add your commute

Building Information for 1004 South 9th Street

Stories3Residences13Year Built1960Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$13,358 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,870

Property Taxes

$1,488

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1004 South 9th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Fenced-Partially
  • Area: 26 - Central Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: GPS - Take Exit 133, then I-705 N and turn right to S 9th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: Yes
  • Cooling: Radiant
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1960
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 200920-001-0
  • Calculated Square Footage: 10065
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 10065.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 13
  • Units Below Grade: true
  • Units In Building Total: 13
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 17853
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 9200
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1002 A
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 650
  • Rent Unit 1: $1,195.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1002 B
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 650
  • Rent Unit 2: $1,155.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1002 C
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 650
  • Rent Unit 3: $1,195.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 1002 D
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 650
  • Rent Unit 4: $.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 1002 E
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Square Feet Unit 5: 650
  • Rent Unit 5: $.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 1004 A
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Square Feet Unit 6: 750
  • Rent Unit 6: $1,250.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 1004 B
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Square Feet Unit 7: 750
  • Rent Unit 7: $1,150.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 1004 C
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Square Feet Unit 8: 750
  • Rent Unit 8: $1,150.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 1004 D
  • Square Feet Unit 9: 750
  • Rent Unit 9: $1,150.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 1006 A
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Square Feet Unit 10: 800
  • Rent Unit 10: $.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 1006 B
  • Square Feet Unit 11: 800
  • Rent Unit 11: $1,295.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 1006 C
  • Square Feet Unit 12: 800
  • Rent Unit 12: $.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 902
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Square Feet Unit 13: 0
  • Rent Unit 13: $.00
  • Bedrooms Unit 13: 3
  • Bathrooms Unit 13: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 10065.0
  • Leasable Area Units: Square Feet

Property History for 1004 South 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1004 South 9th Street

Taxable ValueLand$241,800Additions$1,474,500Total$1,716,300
Tax Record2024$19,075 ($1,590 / month)
Home Facts
Total Finished SqFt10,065 SqFtAbove Ground SqFt6,710 SqFtFinished Basement SqFt3,355 SqFtStories2Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated1990ZoningRCXCountyPIERCEAPN2009200010

Schools near 1004 South 9th Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mccarver
PublicPK to 5

Jason Lee
Public6 to 8

Stadium
Public9 to 12

Tacoma Business Academy
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.