5628 South Lawrence Street

Tacoma, WA 98409

$535,000
Last Sold Price
5
Beds
2
Baths
1,925 Sq. Ft.
$278 / Sq. Ft.
1,925
Sq. Ft.
$278
per Sq. Ft.

Description

Now newly remodeled! Seller spent money remodeling all instead of lowering price. Must see! Two Separate Units! Great 4+ BR home, w/1 bath. Plus a 1 BR, 1 Bath Apartment over garage! Beautiful hardwood floors on the main level! Spacious & roomy! Newer gas forced air furnace Plenty of storage and conveniently located. HUGE covered Patio perfect for those summer BBQ's! Great floor plan w/2 good sized bedrooms on the main & 2 bedrooms up w/bonus room!. Large garage w/RV carport & lots of extra parking...Now newly remodeled! Seller spent money remodeling all instead of lowering price. Must see! Two Separate Units! Great 4+ BR home, w/1 bath. Plus a 1 BR, 1 Bath Apartment over garage! Beautiful hardwood floors on the main level! Spacious & roomy! Newer gas forced air furnace Plenty of storage and conveniently located. HUGE covered Patio perfect for those summer BBQ's! Great floor plan w/2 good sized bedrooms on the main & 2 bedrooms up w/bonus room!. Large garage w/RV carport & lots of extra parking too! Close to wapato hills park! 7.8 cap rate projected! =Great rental property & Income! Now Vacant and Ready to show! House hack! Live in the home & save on mortgage by renting out the Apartment! Owner Occ 1% DOWN Lender Prog Available OAC
  1. Listed by John Brink • Town & Country Brokers Inc

Property Details for 5628 South Lawrence Street

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
7
Total Covered Parking
1
Entry Date
06-07-2022
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Town & Country Brokers Inc

Sold By COMPASS

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LISTING UPDATED: 09/13/2023 01:59 PM

Property Details for 5628 South Lawrence Street

StatusSold
MLS #1948186
Days on Market207
Cumulative Days on Market413
Taxes$4,431 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1906
Lot Size0.11 AC / 5,000 SF
CountyPierce County

Location

Listing Courtesy of Town & Country Brokers Inc

Sold By COMPASS

Add your commute

Building Information for 5628 South Lawrence Street

Stories2Residences2Year Built1906Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$3,289 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,920

Property Taxes

$369

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5628 South Lawrence Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking, Shop
  • Area: 45 - South Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-5 go west on 56th to So. Lawrence and go left then follow to address on right side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Hardwood, Laminate, Vinyl, Carpet
  • Features: Forced Air, Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Amenities: Thermal Windows
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: tacoma
  • Sewer Company: tacoma
  • Water Company: tacoma
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: tax
  • Parcel Number Free Text: 948500-092-0
  • Building Condition: Good
  • Calculated Square Footage: 1925
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1925.0
  • 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: 4
  • Number of Stories in Building: 2
  • 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: 5931
  • Gross Adjusted Income: 47880
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: $47,880
  • Insurance Expense: $1,500
  • Net Operating Income: $41,949
  • Other Expenses: $0
  • Total Monthly Income: 2900
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 481
  • Rent Unit 1: $1,495.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1444
  • Rent Unit 2: $2,495.00
  • Bedrooms Unit 2: 4
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 1925.0
  • Leasable Area Units: Square Feet

Property History for 5628 South Lawrence 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 5628 South Lawrence Street

Taxable ValueLand$183,800Additions$231,600Total$415,400
Tax Record2024$4,626 ($385 / month)
Home Facts
Beds3Total Finished SqFt1,444 SqFtAbove Ground SqFt1,444 SqFtStories2Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1906Year Renovated1985ZoningR2-SRDCountyPIERCEAPN9485000920

Schools near 5628 South Lawrence 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
Edison
PublicPK to 5

Gray Middle School
Public6 to 8

Mt Tahoma
Public9 to 12

Oakland Alternative High School
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 Town & Country Brokers Inc

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.