21920 88th Avenue East
21920 88th Avenue East
Graham, WA 98338
$529,000
Price
4
Beds
2
Baths
1,672 Sq. Ft.
$316 / Sq. Ft.
1,672
Sq. Ft.
$316
per Sq. Ft.
Listed By Compass
Pending
Listed By Compass
Pending
Listing provided courtesy of COMPASS
Description
Here’s your chance to build your rental portfolio! This well maintained duplex features 2 bedrooms/1 bath per side, 800 sqft and 1 car garage for each unit. New windows and new roof and impeccably cared for with the help of long established tenants. On nearly an acre of land (.83 acre) there’s lots of space for parking, play and entertaining. Close to meridian and 224th and all major shopping and schools. Professionally managed and maintained for over 20 years — this is a great investment with solid...Here’s your chance to build your rental portfolio! This well maintained duplex features 2 bedrooms/1 bath per side, 800 sqft and 1 car garage for each unit. New windows and new roof and impeccably cared for with the help of long established tenants. On nearly an acre of land (.83 acre) there’s lots of space for parking, play and entertaining. Close to meridian and 224th and all major shopping and schools. Professionally managed and maintained for over 20 years — this is a great investment with solid income.
Listing Agent
![Becky Barrick]()
becky.barrick@compass.comP: 253.209.9641
Property Details for 21920 88th Avenue East
Community Name
Graham
School DistrictBethel
Number of Assigned Spaces6
Total Covered Parking2
Entry Date04-03-2024
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of COMPASS![]()
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LISTING UPDATED: 04/15/2024 10:47 AM
Property Details for 21920 88th Avenue East
| Status | Pending |
|---|---|
| MLS # | 2216862 |
| Days on Market | 2 |
| Cumulative Days on Market | 2 |
| Taxes | $4,946 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1978 |
| Lot Size | 0.83 AC / 36,360 SF |
| County | Pierce County |
Location
Listing Courtesy of COMPASS![]()
Add your commute
Building Information for 21920 88th Avenue East
Stories1Residences2Year Built1978Building Size-Lot Size0.83 AC / 36,360 SF
Payment Calculator
$3,299 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,887
Property Taxes
$412
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 21920 88th Avenue East
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV
- Area: 89 - Graham/Frederickson
- 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 friendly-Take Meridian to 224th St, go W on 224th, R on 90th Ave, turns into Whispering Pines Rd then to 88th Ave E, duplex on L after 219th St Ct E on R - shared gravel driveway
- 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
Interior Features
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Shared Well
- Water/Sewer/Garbage: 0
- Power Company: Tacoma Public Utility (TPU)
- Sewer Company: Septic
- Water Company: Shared Well
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- First Right Of Refusal: false
- MLS Square Footage Source: Realist/Tax Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1993
- Photos Count: 16
Lot Information
- Lot Details: Dead End Street, Paved
- Lot Number: 1
- Lot Size Source: Realist/Tax Records
- Parcel Number Free Text: 0418097001
- Calculated Square Footage: 1672
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1672.0
- 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: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 6396
- Gross Adjusted Income: 36360
- Gross Rent Multiplier: 14.5
- Gross Scheduled Income: $36,360
- Insurance Expense: $1,450
- Net Operating Income: $29,964
- Other Expenses: $0
- Total Monthly Income: 3030
- Fuel Expense: $0
Unit 1
- Name Unit 1: 21918
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 836
- Rent Unit 1: $1,515.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 21920
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 836
- Rent Unit 2: $1,515.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1672.0
- Leasable Area Units: Square Feet
Property History for 21920 88th Avenue East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 21920 88th Avenue East
Taxable ValueLand$201,600Additions$216,700Total$418,300
Tax Record2024$4,946 ($412 / month)
Home Facts
Total Finished SqFt1,672 SqFtAbove Ground SqFt1,672 SqFtStories1Lot Size36,360 SqFtStyleDuplexYear Built1978Year Renovated1993ZoningR10CountyPIERCEAPN0418097001
Schools near 21920 88th Avenue East
This home is within Bethel School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Graham Elementary School PublicK to 5 | ||
Frontier Middle School Public6 to 8 | ||
Graham Kapowsin High School Public9 to 12 | ||
Elk Plain Elementary School PublicK 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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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 COMPASS
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.