2033-2037 South 8th Street

Tacoma, WA 98405

$895,000
Price
7
Beds
3.5
Baths
3,086 Sq. Ft.
$290 / Sq. Ft.
3,086
Sq. Ft.
$290
per Sq. Ft.

Description

Beautifully renovated 4-plex, ideally located just minutes from Tacoma’s vibrant 6th Ave business district, University of Puget Sound, and downtown! Each updated unit features modern laminate plank flooring, sleek quartz countertops, stainless steel appliances and updated electrical. Tenants appreciate the convenience of in-unit washers and dryers and a desirable mix of 4-bedroom, 3-bedroom, and two studio units, offer diverse rental income potential and steadier occupancy. This mostly turnkey multi-family...Beautifully renovated 4-plex, ideally located just minutes from Tacoma’s vibrant 6th Ave business district, University of Puget Sound, and downtown! Each updated unit features modern laminate plank flooring, sleek quartz countertops, stainless steel appliances and updated electrical. Tenants appreciate the convenience of in-unit washers and dryers and a desirable mix of 4-bedroom, 3-bedroom, and two studio units, offer diverse rental income potential and steadier occupancy. This mostly turnkey multi-family property is perfect for investors and owner occupants alike! Unit 2037B intentionally left vacant in case owner wants to occupy. Don’t miss out on owning a piece of Tacoma’s growing real estate market!
  1. Listed by Aaron Nelson • Skyline Properties, Inc.

Property Details for 2033-2037 South 8th Street

Community Name
Tacoma
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
10-17-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 10:46 AM

Property Details for 2033-2037 South 8th Street

StatusActive
MLS #2302295
Days on Market54
Cumulative Days on Market54
Taxes$7,011 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1896
Lot Size0.13 AC / 5,750 SF
CountyPierce County

Building Information for 2033-2037 South 8th Street

Stories3Residences4Year Built1896Building Size-Lot Size0.13 AC / 5,750 SF

Property Information for 2033-2037 South 8th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially
  • Area: 28 - Central Tacoma
  • Directions: From highway 16, take the Sprague Ave exit and head north on Sprague Ave. Turn left on S 8th St. Property is on the right side of the street.
  • 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: 4.0
  • 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, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6889
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Pillar, Slab
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Alley
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3830200311
  • Calculated Square Footage: 3086
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3086.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 26861
  • Gross Adjusted Income: 72333
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $76,140
  • Insurance Expense: $1,431
  • Net Operating Income: $45,472
  • Other Expenses: $11,530
  • Total Monthly Income: 6345
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2033
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1500
  • Rent Unit 1: $1,775.00
  • Bedrooms Unit 1: 4
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2035
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $1,650.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2037A
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 400
  • Rent Unit 3: $1,100.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 2037B
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 400
  • Rent Unit 4: $1,170.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3300.0
  • Leasable Area Units: Square Feet

Property History for 2033-2037 South 8th 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 2033-2037 South 8th Street

Taxable ValueLand$217,100Additions$480,300Total$697,400
Tax Record2023$7,237 ($603 / month)
Home Facts
Total Finished SqFt2,078 SqFtAbove Ground SqFt2,078 SqFtStories2Lot Size5,750 SqFtStyleDuplexYear Built1896Year Renovated2018CountyPIERCEAPN3830200311Fireplace TypeHas Fireplace

Schools near 2033-2037 South 8th Street

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

Hilltop Heritage Middle School
Public6 to 8

Foss High School
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.

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2033-2037 South 8th Street is a multi-family home for sale in Tacoma, WA 98405. This property was listed for sale on October 17, 2024 by Skyline Properties, Inc., it's currently listed at $895,000. This listing's school district is Tacoma School District. Nearby schools include Bryant Montessori School, Hilltop Heritage Middle School and Foss High School. 2033-2037 South 8th Street is a 7-bed, 3.5-bath, 3,086 sqft multi-family home built in 1896.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Properties, Inc.

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.