2715 South 7th Street

Tacoma, WA 98405

$649,950
Price
7
Beds
4
Baths
3,268 Sq. Ft.
$199 / Sq. Ft.
3,268
Sq. Ft.
$199
per Sq. Ft.

Description

Homeowners & investors! Incredible opportunity to own a Duplex that functions like a Triplex in Central Tacoma! Corner lot walking distance to 6th Ave & mins to Proctor/UPS, DT, UWT, Hospitals, Freeways, & more! Upstairs has a mid century vibe w/ hardwoods, large living room w/ fireplace, 4 beds & 2 baths. Two beds have ½ baths! Fully fenced private backyard w/ patio! Downstairs has a spacious 3 bed 1.5 bath unit! Shaker style cabinets, fireplace, tile surrounds, radiant heating & new carpet! Bonus...Homeowners & investors! Incredible opportunity to own a Duplex that functions like a Triplex in Central Tacoma! Corner lot walking distance to 6th Ave & mins to Proctor/UPS, DT, UWT, Hospitals, Freeways, & more! Upstairs has a mid century vibe w/ hardwoods, large living room w/ fireplace, 4 beds & 2 baths. Two beds have ½ baths! Fully fenced private backyard w/ patio! Downstairs has a spacious 3 bed 1.5 bath unit! Shaker style cabinets, fireplace, tile surrounds, radiant heating & new carpet! Bonus w/ separate finished area to function as 3rd Studio unit w/ full kitchen & ¾ bath! Off street parking for 3! Don’t forget huge value-add opportunity developing in very favorable zoning! This is a PERFECT HOUSE HACK or addition to any portfolio!
  1. Listed by Ronald Dudley • Theory Real Estate

Property Details for 2715 South 7th Street

Community Name
Tacoma
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
04-12-2024
Energy Source
Electric,Natural Gas,Wood
Sewer
Sewer Connected

Location

Listing Courtesy of Theory Real Estate
Add your commute
LISTING UPDATED: 04/23/2024 04:14 PM

Property Details for 2715 South 7th Street

StatusPending
MLS #2222568
Days on Market6
Cumulative Days on Market6
Taxes$6,524 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.17 AC / 7,500 SF
CountyPierce County

Location

Listing Courtesy of Theory Real Estate
Add your commute

Building Information for 2715 South 7th Street

Stories2Residences3Year Built1955Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$4,091 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$544

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2715 South 7th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, Gas Available, Patio
  • Area: 27 - Central Tacoma
  • Effective Year Built Source: Public Records
  • Directions: Take I5 to WA 16. Take exit 1A onto Sprague Ave. Take a Left on S 12th St. Take a Right on S Fife St. Take a Left on S 7th St. Property is on the 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: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Concrete, Hardwood, Vinyl Plank, Carpet
  • Features: Concrete, Hardwood, Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Radiant
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric, Natural Gas, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1986
  • Photos Count: 37
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9100000930
  • Calculated Square Footage: 3268
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3268.0
  • 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: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8025
  • Gross Adjusted Income: 57540
  • Gross Rent Multiplier: 11.3
  • Gross Scheduled Income: $57,540
  • Insurance Expense: $1,501
  • Net Operating Income: $49,515
  • Other Expenses: $0
  • Total Monthly Income: 4795
  • 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: 1634
  • Rent Unit 1: $1,795.00
  • Bedrooms Unit 1: 4
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
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: 350
  • Rent Unit 2: $1,000.00
  • Bedrooms Unit 2: 0
  • 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: 1200
  • Rent Unit 3: $2,000.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3268.0
  • Leasable Area Units: Square Feet

Property History for 2715 South 7th 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 2715 South 7th Street

Taxable ValueLand$226,900Additions$359,400Total$586,300
Tax Record2024$6,524 ($544 / month)
Home Facts
Total Finished SqFt1,634 SqFtAbove Ground SqFt1,634 SqFtStories1Lot Size7,500 SqFtStyleDuplexYear Built1955Year Renovated1976ZoningRCXCountyPIERCEAPN9100000930Fireplace TypeHas Fireplace

Schools near 2715 South 7th 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
Franklin
PublicPK to 5

Jason Lee
Public6 to 8

Foss
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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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 Theory Real Estate

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.