1413 North Oakes Street

Tacoma, WA 98406

$625,000
Price
4
Beds
2
Baths
1,610 Sq. Ft.
$388 / Sq. Ft.
1,610
Sq. Ft.
$388
per Sq. Ft.

Description

Side by side rambler style duplex, each 2 bedroom unit with its own garage, located in the heart of the residential north end and blocks from Grant Elementary and UPS. Units could use cosmetic updates but, once updated, market rents are in the $1800 +/-range. Interior layouts live more like a 2 bedroom home than an apartment and that contributes to the low vacancy. How many apartments come with their own garage? Best of all, located on a residential block, this building blends in with all the single...Side by side rambler style duplex, each 2 bedroom unit with its own garage, located in the heart of the residential north end and blocks from Grant Elementary and UPS. Units could use cosmetic updates but, once updated, market rents are in the $1800 +/-range. Interior layouts live more like a 2 bedroom home than an apartment and that contributes to the low vacancy. How many apartments come with their own garage? Best of all, located on a residential block, this building blends in with all the single family homes, yet another contributing factor to long term tenancy. An easy walk to the happenings on 6th Ave and great access to shopping in Proctor or I5/Highway 16. There's more here than meets the eye - come see for yourself.
  1. Listed by Ethan Wing • Windermere Abode Lakewood
  2. Listed by George Wing • Windermere Abode Lakewood

Property Details for 1413 North Oakes Street

Community Name
North Tacoma
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
04-18-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Abode Lakewood
Add your commute
LISTING UPDATED: 04/18/2024 03:32 PM

Property Details for 1413 North Oakes Street

StatusActive
MLS #2225487
Days on Market13
Cumulative Days on Market13
Taxes$5,986 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.11 AC / 5,000 SF
CountyPierce County

Location

Listing Courtesy of Windermere Abode Lakewood
Add your commute

Building Information for 1413 North Oakes Street

Stories1Residences2Year Built1976Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$3,910 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1413 North Oakes Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Gas Available, High Speed Internet
  • Area: 22 - North Tacoma
  • Effective Year Built Source: Public Records
  • Directions: From 6th Ave - North on Oakes 5.5 blocks to building on right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2296.2
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 38
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 274500-337-0
  • Building Condition: Good
  • Calculated Square Footage: 1610
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1610.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $224
  • Total Expenses: 9632.12
  • Gross Adjusted Income: 30000
  • Gross Rent Multiplier: 20.83
  • Gross Scheduled Income: $30,000
  • Insurance Expense: $1,126
  • Net Operating Income: $20,367
  • Other Expenses: $0
  • Total Monthly Income: 2500
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 805
  • Rent Unit 1: $1,305.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 805
  • Rent Unit 2: $1,195.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2010.0
  • Leasable Area Units: Square Feet

Property History for 1413 North Oakes 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 1413 North Oakes Street

Taxable ValueLand$286,000Additions$251,900Total$537,900
Tax Record2024$5,986 ($499 / month)
Home Facts
Total Finished SqFt1,610 SqFtAbove Ground SqFt1,610 SqFtStories1Lot Size5,000 SqFtStyleDuplexYear Built1976Year Renovated1986ZoningR2-SRDCountyPIERCEAPN2745003370Fireplace TypeHas Fireplace

Schools near 1413 North Oakes 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 - 6 to 8
Rating
School
Distance
Grant
PublicPK to 5

Jason Lee
Public6 to 8

Stadium
Public9 to 12

Bryant Montessori Middle School
Public6 to 8

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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1413 North Oakes Street is a multi-family home for sale in Tacoma, WA 98406. This property was listed for sale on April 18, 2024 by Windermere Abode Lakewood, it's currently listed at $625,000. It has been on the market for a total of 13 days and was last sold on August 31, 2023. This listing's school district is Tacoma School District. Nearby schools include Grant, Jason Lee and Stadium. 1413 North Oakes Street is a 4-bed, 2-bath, 1,610 sqft multi-family home built in 1976.

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 Windermere Abode Lakewood

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.