1536-1538 South Walters Road

Tacoma, WA 98465

$1,290,000
Price
3
Beds
3
Baths
1,540 Sq. Ft.
$838 / Sq. Ft.
1,540
Sq. Ft.
$838
per Sq. Ft.

Description

Endless possibilities! Located steps from Titlow Beach, this Tri-Plex is currently made up of a duplex , a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential views are included in photos for possibilities. Each unit has individual sewer lines, gas, water and electric. Potential for lot segregation. The duplex is currently under rented. Both tenants have been notified and are open to stay if the new buyer would like or move as needed. The house has been used...Endless possibilities! Located steps from Titlow Beach, this Tri-Plex is currently made up of a duplex , a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential views are included in photos for possibilities. Each unit has individual sewer lines, gas, water and electric. Potential for lot segregation. The duplex is currently under rented. Both tenants have been notified and are open to stay if the new buyer would like or move as needed. The house has been used as an Air B&B. Make income while permitting for building or update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.
  1. Listed by Rochelle Chorak • Keller Williams Rty Tacoma
  2. Listed by Shelly Crane • Keller Williams Rty Tacoma

Property Details for 1536-1538 South Walters Road

Community Name
Narrows
School District
Tacoma
View
Bay, See Remarks
Number of Assigned Spaces
9
Total Covered Parking
3
Entry Date
04-25-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Open Houses

Thursday, May 9th

12:00 PM - 2:00 PM

PublicView Details

Saturday, May 11th

10:00 AM - 12:00 PM

PublicView Details

Location

Listing Courtesy of Keller Williams Rty Tacoma
Add your commute
LISTING UPDATED: 05/08/2024 09:48 AM

Property Details for 1536-1538 South Walters Road

StatusActive
MLS #2227486
Days on Market13
Cumulative Days on Market13
Taxes$5,976 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.25 AC / 11,000 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Rty Tacoma
Add your commute

Building Information for 1536-1538 South Walters Road

Stories1Residences3Year Built1951Building Size-Lot Size0.25 AC / 11,000 SF

Payment Calculator

$7,538 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,040

Property Taxes

$498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1536-1538 South Walters Road

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: High Speed Internet, Patio, RV Parking
  • Area: 31 - West Tacoma
  • Effective Year Built Source: Public Records
  • Directions: Follow 6th Ave all the way to Titlow, turn left on Walters Rd. Property is on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Laminate, Carpet
  • Features: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: See Remarks
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2020
  • Photos Count: 26
Lot Information
  • Lot Details: Alley, Paved
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 750500-022-1
  • Calculated Square Footage: 1540
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1540.0
  • 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
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6226
  • Gross Adjusted Income: 58574
  • Gross Rent Multiplier: 2
  • Gross Scheduled Income: $64,800
  • Insurance Expense: $250
  • Net Operating Income: $58,574
  • Other Expenses: $0
  • Total Monthly Income: 5400
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 520
  • Rent Unit 1: $1,050.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 520
  • Rent Unit 2: $900.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 520
  • Rent Unit 3: $3,000.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2244.0
  • Leasable Area Units: Square Feet

Property History for 1536-1538 South Walters Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1536-1538 South Walters Road

Taxable ValueLand$284,200Additions$271,000Total$555,200
Tax Record2023$5,764 ($480 / month)
Home Facts
Total Finished SqFt1,012 SqFtAbove Ground SqFt1,012 SqFtStories1Lot Size11,000 SqFtStyleDuplexYear Built1951Year Renovated2020ZoningR2CountyPIERCEAPN7505000221

Schools near 1536-1538 South Walters Road

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
Geiger Montessori School
PublicPK to 5

Truman
Public6 to 8

Foss
Public9 to 12

Day Reporting School
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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1536-1538 South Walters Road is a multi-family home for sale in Tacoma, WA 98465. This property was listed for sale on April 25, 2024 by Keller Williams Rty Tacoma, it's currently listed at $1,290,000. This listing's school district is Tacoma School District. Nearby schools include Geiger Montessori School, Truman and Foss. 1536-1538 South Walters Road is a 3-bed, 3-bath, 1,540 sqft multi-family home built in 1951.

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 Rty Tacoma

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.