515 South 82nd Street

Tacoma, WA 98408

$2,600,000
Price
24
Beds
13
Baths
9,840 Sq. Ft.
$264 / Sq. Ft.
9,840
Sq. Ft.
$264
per Sq. Ft.

Description

Pre sale investment opportunity to have 4 homes built on separate parcels with Detached Accessory Dwelling Units in the rear. Each approximately 1800 square foot home comes with 4 bedrooms, 2.25 baths, stainless steel appliances, quartz countertops, recessed LED lighting and washer/dryers. The two bedroom, one bath DADU's will be approximately 651 square feet and come with the same finishes and appliances. Project build time for all 8 units is approximately six months. Developer will work with Buyers...Pre sale investment opportunity to have 4 homes built on separate parcels with Detached Accessory Dwelling Units in the rear. Each approximately 1800 square foot home comes with 4 bedrooms, 2.25 baths, stainless steel appliances, quartz countertops, recessed LED lighting and washer/dryers. The two bedroom, one bath DADU's will be approximately 651 square feet and come with the same finishes and appliances. Project build time for all 8 units is approximately six months. Developer will work with Buyers bank to complete project or you can work with your own builder and purchase the land with plans and permits. See MLS #2198324 for details.
  1. Listed by Jeff Huling • Best Choice Realty

Property Details for 515 South 82nd Street

Community Name
Tacoma
School District
Tacoma
Number of Assigned Spaces
12
Total Covered Parking
4
Entry Date
02-09-2024
Energy Source
Electric
Sewer
Available

Location

Listing Courtesy of Best Choice Realty
Add your commute
LISTING UPDATED: 04/22/2024 12:02 PM

Property Details for 515 South 82nd Street

StatusActive
MLS #2196622
Days on Market80
Cumulative Days on Market80
Taxes$21,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.44 AC / 19,040 SF
CountyPierce County

Location

Listing Courtesy of Best Choice Realty
Add your commute

Building Information for 515 South 82nd Street

Stories2Residences8Year Built2024Building Size-Lot Size0.44 AC / 19,040 SF

Payment Calculator

$15,939 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$1,750

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 South 82nd Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 62 - Southeast Tacoma
  • Elementary School: Fern Hill
  • Middle Or Junior School: Baker
  • Effective Year Built Source: See Remarks
  • Directions: I-5 to 84th St exit. Take 84th East to Park Avenue South, turn left. Head north to S. 82nd, turn right and follow to 515 S. 82nd 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: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • New Construction: Presale
  • Amenities: Thermal Windows
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Estimated Completion Date: 2024-10-31
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Plans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2024
  • Photos Count: 5
Lot Information
  • Lot Size Dimensions: 112' x 170'
  • Lot Size Source: County
  • Parcel Number Free Text: 290520-002-2
  • Calculated Square Footage: 9840
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9840.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 46142
  • Gross Adjusted Income: 232560
  • Gross Rent Multiplier: 10.62
  • Gross Scheduled Income: $244,800
  • Insurance Expense: $5,600
  • Net Operating Income: $186,418
  • Other Expenses: $19,542
  • Total Monthly Income: 20400
  • 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: 1799
  • Rent Unit 1: $3,200.00
  • Bedrooms Unit 1: 4
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 1A
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 651
  • Rent Unit 2: $1,900.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1817
  • Rent Unit 3: $3,200.00
  • Bedrooms Unit 3: 4
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 2A
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 651
  • Rent Unit 4: $1,900.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 3
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1821
  • Rent Unit 5: $3,200.00
  • Bedrooms Unit 5: 4
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 3A
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 651
  • Rent Unit 6: $1,900.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 4
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 1799
  • Rent Unit 7: $3,200.00
  • Bedrooms Unit 7: 4
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 4A
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 651
  • Rent Unit 8: $1,900.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Presale
  • Leasable Area: 9840.0
  • Leasable Area Units: Square Feet

Property History for 515 South 82nd 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 515 South 82nd Street

Taxable ValueLand$170,200Additions-Total$170,200
Tax Record2024$1,901 ($158 / month)
Home Facts
Beds2Total Finished SqFt1,498 SqFtAbove Ground SqFt1,498 SqFtStories1Lot Size19,040 SqFtStyleResidentialYear Built1910ZoningR2CountyPIERCEAPN2905200022

Schools near 515 South 82nd 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 - 9 to 12
Rating
School
Distance
Fern Hill
PublicPK to 5

Baker
Public6 to 8

Mt Tahoma
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.

Similar Homes

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Similar Sold Homes

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515 South 82nd Street is a multi-family home for sale in Tacoma, WA 98408. This property was listed for sale on February 9, 2024 by Best Choice Realty, it's currently listed at $2,600,000. It has been on the market for a total of 80 days and was last sold on May 18, 2022. This listing's school district is Tacoma School District. Nearby schools include Fern Hill, Baker and Mt Tahoma. 515 South 82nd Street is a 24-bed, 13-bath, 9,840 sqft multi-family home built in 2024.

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 Best Choice Realty

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.