5607 76th Street West

Lakewood, WA 98499

$980,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Built in 1986, the extremely well positioned 4-plex is located in Lakewood’s rapidly growing residential market. Comprised of four spacious 2-bedroom 1-bath units with in-unit washer / dryers, private patios, ample parking, and interior finishes ripe for further improvements. Centrally located, the Lakewood 4-plex is minutes walking to Mount Tahoma Highschool, great proximity to Joint-Base Lewis- McCord (JBLM) and easy access to Interstate -5. New ownership can renovate interior common areas, kitchens,...Built in 1986, the extremely well positioned 4-plex is located in Lakewood’s rapidly growing residential market. Comprised of four spacious 2-bedroom 1-bath units with in-unit washer / dryers, private patios, ample parking, and interior finishes ripe for further improvements. Centrally located, the Lakewood 4-plex is minutes walking to Mount Tahoma Highschool, great proximity to Joint-Base Lewis- McCord (JBLM) and easy access to Interstate -5. New ownership can renovate interior common areas, kitchens, bathrooms and implement utility bill-back to add value.
  1. Listed by David A. Kelley • Kidder Mathews

Property Details for 5607 76th Street West

Community Name
Tacoma
School District
Lakewood
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
06-06-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Kidder Mathews

Sold By COMPASS

Add your commute
LISTING UPDATED: 08/21/2023 08:42 AM

Property Details for 5607 76th Street West

StatusSold
MLS #2077044
Days on Market21
Cumulative Days on Market223
Taxes$8,025 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.21 AC / 9,000 SF
CountyPierce County

Location

Listing Courtesy of Kidder Mathews

Sold By COMPASS

Add your commute

Building Information for 5607 76th Street West

Stories2Residences4Year Built1986Building Size-Lot Size0.21 AC / 9,000 SF

Payment Calculator

$6,017 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,348

Property Taxes

$669

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5607 76th Street West

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 37 - Lakewood
  • Effective Year Built Source: Public Records
  • Directions: Continue to I-705 S // Take I-5 S to S 72nd St/S 74th St. Take exit 129 from I-5 S // Continue on S 74th St. Drive to 76th St Ct W in Lakewood
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 5940
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1986
  • Photos Count: 10
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 3905000093
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • 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: 17065
  • Gross Adjusted Income: 69745
  • Gross Rent Multiplier: 14.33
  • Gross Scheduled Income: $73,416
  • Insurance Expense: $1,100
  • Net Operating Income: $52,680
  • Other Expenses: $2,000
  • Total Monthly Income: 6118
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 721
  • Rent Unit 1: $1,379.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 721
  • Rent Unit 2: $1,429.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 721
  • Rent Unit 3: $1,460.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 721
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2884.0
  • Leasable Area Units: Square Feet

Property History for 5607 76th Street West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5607 76th Street West

Taxable ValueLand$187,900Additions$594,300Total$782,200
Tax Record2024$8,408 ($701 / month)
Home Facts
Total Finished SqFt2,848 SqFtAbove Ground SqFt2,848 SqFtStories2Lot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1986Year Renovated2017ZoningMR2CountyPIERCEAPN3905000093

Schools near 5607 76th Street West

This home is within Clover Park 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
Dower Elementary School
PublicPK to 5

Lochburn Middle School
Public6 to 8

Clover Park High School
Public9 to 12

Re-Entry 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.

Similar Homes

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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 Kidder Mathews

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.