5436 South K Street

Tacoma, WA 98408

$900,000
Price
9
Beds
4
Baths
3,486 Sq. Ft.
$258 / Sq. Ft.
3,486
Sq. Ft.
$258
per Sq. Ft.

Description

Turn-Key 3 unit currently used as short/mid-term rental, all units remodeled and furnished top to bottom to provide the best possible guest experience. Main and Upper units 3 bed / 1 bath, Lower unit 3 bed / 2 bath with attached primary bath, all units have separate laundry, high end kitchens and bathrooms, plus extra design features unique to each unit. All units rented with 1-6 month leases to traveling professionals. Newer electrical, plumbing, insulation, roof, windows, ductless mini-splits provide...Turn-Key 3 unit currently used as short/mid-term rental, all units remodeled and furnished top to bottom to provide the best possible guest experience. Main and Upper units 3 bed / 1 bath, Lower unit 3 bed / 2 bath with attached primary bath, all units have separate laundry, high end kitchens and bathrooms, plus extra design features unique to each unit. All units rented with 1-6 month leases to traveling professionals. Newer electrical, plumbing, insulation, roof, windows, ductless mini-splits provide heat and AC to Main and Upper units. Brand new quartz counters, solid soft close cabinets, LVP flooring, vanities, custom light fixtures, no maintenance issues for a long time, 3 brand new electric meters, 4 off street parking spots!
  1. Listed by David Schaub • Realty One Group Turn Key

Property Details for 5436 South K Street

Community Name
Hillsdale
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
04-25-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Realty One Group Turn Key
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LISTING UPDATED: 05/03/2024 02:56 PM

Property Details for 5436 South K Street

StatusPending
MLS #2227730
Days on Market8
Cumulative Days on Market8
Taxes$5,107 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1902
Lot Size0.11 AC / 5,000 SF
CountyPierce County

Location

Listing Courtesy of Realty One Group Turn Key
Add your commute

Building Information for 5436 South K Street

Stories2Residences3Year Built1902Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$5,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5436 South K Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Fenced-Fully
  • Area: 61 - Southeast Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Driving south on 56th St, turn right on K st, property is on your left.
  • 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: Vinyl Plank
  • Amenities: Basement
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3180
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Floorplans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1972
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 40 x 125
  • Lot Size Source: Survey
  • Parcel Number Free Text: 7785006541
  • Building Condition: Remodeled
  • Calculated Square Footage: 3486
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3486.0
  • 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: 5
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $2,807
  • Total Expenses: 13501
  • Gross Adjusted Income: 82650
  • Gross Rent Multiplier: 10.3
  • Gross Scheduled Income: $87,000
  • Insurance Expense: $2,407
  • Net Operating Income: $69,147
  • Other Expenses: $0
  • Total Monthly Income: 7250
  • 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: 1223
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1194
  • Rent Unit 2: $2,500.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1069
  • Rent Unit 3: $2,250.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3486.0
  • Leasable Area Units: Square Feet

Property History for 5436 South K 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 5436 South K Street

Taxable ValueLand$16,900Additions-Total$16,900
Tax Record2024$198 ($17 / month)
Home Facts
Beds0Lot Size3,125 SqFtStyleResidentialCountyPIERCEAPN7785006542

Schools near 5436 South K 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
Mann
PublicPK to 5

Angelo Giaudrone Middle School
Public6 to 8

Lincoln
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.

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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 Realty One Group Turn Key

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.