6215 29th Street Northeast

Tacoma, WA 98422

$1,200,000
Last Sold Price
13
Beds
6
Baths
4,344 Sq. Ft.
$276 / Sq. Ft.
4,344
Sq. Ft.
$276
per Sq. Ft.

Description

Investors, seize the opportunity to own this recently remodeled triplex in the highly desirable Browns Point neighborhood and Northeast Tacoma with a 6% cap rate! This triplex offers LARGE, freshly remodeled units with new LVP flooring, exterior, and interior paint, stainless steel appliance packages, washer/dryer sets. quartz countertops, and custom tile work. With ground floor entryways, private/fenced backyards, and 2 parking spaces per unit, this property is perfect for tenants seeking comfort...Investors, seize the opportunity to own this recently remodeled triplex in the highly desirable Browns Point neighborhood and Northeast Tacoma with a 6% cap rate! This triplex offers LARGE, freshly remodeled units with new LVP flooring, exterior, and interior paint, stainless steel appliance packages, washer/dryer sets. quartz countertops, and custom tile work. With ground floor entryways, private/fenced backyards, and 2 parking spaces per unit, this property is perfect for tenants seeking comfort and convenience. Featuring two 4-bed/2-bath units and one 5-bed/2-bath unit, this property features spacious living for all occupants. Property just appraised for $1,275,000 in 2023....walk into some instant equity!
  1. Listed by Alexandra Clouse • Keller Williams Seattle Metro

Property Details for 6215 29th Street Northeast

Community Name
Browns Point
School District
Tacoma
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
03-02-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Seattle Metro

Sold By Jason Mitchell Real Estate WA

Add your commute
LISTING UPDATED: 07/13/2023 12:10 PM

Property Details for 6215 29th Street Northeast

StatusSold
MLS #2040978
Days on Market71
Cumulative Days on Market106
Taxes$7,871 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1996
Lot Size0.34 AC / 14,875 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Seattle Metro

Sold By Jason Mitchell Real Estate WA

Add your commute

Building Information for 6215 29th Street Northeast

Stories1Residences3Year Built1996Building Size-Lot Size0.34 AC / 14,875 SF

Payment Calculator

$7,205 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6215 29th Street Northeast

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Dog Run, Fenced-Partially, Gated Entry, Patio
  • Area: 94 - Browns Point
  • Block: Northeast Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: Pacific Hwy E To 356th St. Follow 356th Until It Turns Into 29th St. Ne., On The Corner Of 62nd And 29th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: City of Tacoma
  • Sewer Company: City of Tacoma
  • Water Company: City of Tacoma
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 34
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 635000-036-0
  • Calculated Square Footage: 4344
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4344.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9701
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 12.63
  • Gross Scheduled Income: $98,952
  • Insurance Expense: $1,830
  • Net Operating Income: $75,180
  • Other Expenses: $0
  • Total Monthly Income: 7620
  • 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: 1477
  • Rent Unit 1: $2,540.00
  • Bedrooms Unit 1: 4
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
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: 1462
  • Rent Unit 2: $2,590.00
  • Bedrooms Unit 2: 4
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
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: 1495
  • Rent Unit 3: $2,921.00
  • Bedrooms Unit 3: 5
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4344.0
  • Leasable Area Units: Square Feet

Property History for 6215 29th Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6215 29th Street Northeast

Taxable ValueLand$255,400Additions$645,200Total$900,600
Tax Record2024$10,015 ($835 / month)
Home Facts
Total Finished SqFt4,344 SqFtAbove Ground SqFt4,344 SqFtStories1Lot Size14,875 SqFtStyleTriplexYear Built1996ZoningR4LCountyPIERCEAPN6350000360

Schools near 6215 29th Street Northeast

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
Northeast Tacoma
PublicPK to 5

Meeker
Public6 to 8

Stadium
Public9 to 12

Tacoma School Of The Arts
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Keller Williams Seattle Metro

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.