1521 East 38th Street, Unit 14

Tacoma, WA 98404

$875,000
Price
8
Beds
4
Baths
3,200 Sq. Ft.
$273 / Sq. Ft.
3,200
Sq. Ft.
$273
per Sq. Ft.

Description

Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. 3 of 4 units have been recently fully renovated, one in process of full remodel. All new leases within the last year. 1 units currently vacant, and be advertised for lease now. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023. W/D hookups in units....Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. 3 of 4 units have been recently fully renovated, one in process of full remodel. All new leases within the last year. 1 units currently vacant, and be advertised for lease now. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023. W/D hookups in units. W/D belong to tenants and are not supplied by landlord. Uncovered parking enough for 6 total cars. Ask your broker for Rental Info Sheet for more information.
  1. Listed by Wes Jones • Keller Williams Rlty Bellevue
  2. Listed by Ebbie Smith • Keller Williams Rlty Bellevue

Property Details for 1521 East 38th Street, Unit 14

Community Name
East Tacoma
School District
Tacoma
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
09-19-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Rlty Bellevue
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LISTING UPDATED: 03/08/2024 12:10 PM

Property Details for 1521 East 38th Street, Unit 14

StatusActive
MLS #2160083
Days on Market226
Cumulative Days on Market239
Taxes$7,161 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.23 AC / 10,019 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Rlty Bellevue
Add your commute

Building Information for 1521 East 38th Street, Unit 14

Stories1Residences4Year Built1979Building Size-Lot Size0.23 AC / 10,019 SF

Payment Calculator

$5,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$597

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1521 East 38th Street, Unit 14

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Area: 55 - Southeast Tacoma
  • Elementary School: Blix Elem
  • Middle Or Junior School: First Creek Mid
  • High School: Lincoln High
  • Effective Year Built Source: Public Records
  • Directions: 5 exit 38th Street, go East to Portland Ave, Left of Portland Ave. Left on first driveway on the Left
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 7200
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family,Residential,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential, See Remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 27
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 57.50'x163.86'
  • Lot Size Source: Realist
  • Parcel Number Free Text: 0320155007
  • Building Condition: Very Good
  • Calculated Square Footage: 3200
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3200.0
  • 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: 1
  • Unit Number: 1-4
  • Vacancy Rate: 10
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 17702
  • Gross Adjusted Income: 68747
  • Gross Rent Multiplier: 11.78
  • Gross Scheduled Income: $76,386
  • Insurance Expense: $1,223
  • Net Operating Income: $51,045
  • Other Expenses: $2,118
  • Total Monthly Income: 6366
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,415.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,295.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,400.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3200.0
  • Leasable Area Units: Square Feet

Property History for 1521 East 38th Street, Unit 14

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1521 East 38th Street, Unit 14

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
Blix Elementary School
PublicPK to 5

First Creek Middle School
Public6 to 8

Lincoln
Public9 to 12

Industrial Design Engineering And Art
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.

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1521 East 38th Street, Unit 14 is a multi-family home for sale in Tacoma, WA 98404. This property was listed for sale on September 19, 2023 by Keller Williams Rlty Bellevue, it's currently listed at $875,000. This listing's school district is Tacoma School District. Nearby schools include Blix Elementary School, First Creek Middle School and Lincoln. 1521 East 38th Street, Unit 14 is a 8-bed, 4-bath, 3,200 sqft multi-family home built in 1979.

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 Keller Williams Rlty Bellevue

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.