630 South State Street
630 South State Street
Tacoma, WA 98405
$915,000
Last Sold Price
8
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Sold 4/9/21
Sold 4/9/21
Listing provided courtesy of Windermere Professional Prtnrs, Better Properties Real Estate, Blackwell Real Estate LLC
Description
Ideal investment opportunity just off 6th ave in the heart of Tacoma. Close proximity to Ruston, Down Town, Stadium, Proctor and freeways. All units are 2 bed 1 bath with wash/dry in unit. This turnkey, cash-flowing property is poised to only increase in value over the years as Tacoma demand is at an all time high! Property exterior features new(er) paint and exterior lighting. Majority of the units have been significantly remodeled with LVP flooring, bathroom fixtures, countertops, and paint.Ideal investment opportunity just off 6th ave in the heart of Tacoma. Close proximity to Ruston, Down Town, Stadium, Proctor and freeways. All units are 2 bed 1 bath with wash/dry in unit. This turnkey, cash-flowing property is poised to only increase in value over the years as Tacoma demand is at an all time high! Property exterior features new(er) paint and exterior lighting. Majority of the units have been significantly remodeled with LVP flooring, bathroom fixtures, countertops, and paint.
- Listed by Austin Wagner • Windermere Professional Prtnrs
- Listed by Jacob Lawson • Better Properties Real Estate
Property Details for 630 South State Street
Community Name
Tacoma
School DistrictTacoma
Number of Assigned Spaces4
Total Covered Parking0
Offers Review Date03-01-2021
Entry Date02-25-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere Professional Prtnrs; Better Properties Real Estate![]()
Sold By Blackwell Real Estate LLC
Add your commute
LISTING UPDATED: 04/12/2021 09:40 AM
Property Details for 630 South State Street
| Status | Sold |
|---|---|
| MLS # | 1733645 |
| Days on Market | 4 |
| Cumulative Days on Market | 1078 |
| Taxes | $6,545 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1981 |
| Lot Size | 0.13 AC / 5,600 SF |
| County | Pierce County |
Location
Listing Courtesy of Windermere Professional Prtnrs; Better Properties Real Estate![]()
Sold By Blackwell Real Estate LLC
Add your commute
Building Information for 630 South State Street
Stories2Residences4Year Built1981Building Size-Lot Size0.13 AC / 5,600 SF
Payment Calculator
$5,539 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,994
Property Taxes
$545
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 630 South State Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Fenced-Fully, Patio
- Area: 27 - Central Tacoma
- Directions: Heading West on i5 take exit 132 onto Sprague. Drive North on Sprague and take left on 6th Ave. Head west on 6th Ave and take left on State St. House is on your right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://drive.google.com/file/d/1XGRJidwGIYySNMNYBYPROci2JbZOsOA3/view?usp=sharing
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl, Vinyl Plank, Carpet
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: PSE
- Sewer Company: Tacoma PUD
- Water Company: Tacoma PUD
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
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: 23
Lot Information
- Lot Details: Curbs, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 383020-046-0
- 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: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 8115
- Gross Adjusted Income: 60000
- Gross Rent Multiplier: 14
- Gross Scheduled Income: $60,000
- Insurance Expense: $1,570
- Net Operating Income: $51,885
- Other Expenses: $0
- Total Monthly Income: 4900
- 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: 792
- Rent Unit 1: $1,200.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
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: 792
- Rent Unit 2: $1,200.00
- Bedrooms Unit 2: 2
- 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: 792
- Rent Unit 3: $1,050.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 792
- Rent Unit 4: $1,450.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3168.0
- Leasable Area Units: Square Feet
Property History for 630 South State Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 630 South State Street
Taxable ValueLand$213,700Additions$657,800Total$871,500
Tax Record2024$9,691 ($808 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Ground SqFt3,168 SqFtStories2Lot Size5,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1981Year Renovated1989ZoningRCXCountyPIERCEAPN3830200460
Schools near 630 South State Street
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Bryant PublicPK to 8 | ||
Jason Lee Public6 to 8 | ||
Foss Public9 to 12 | ||
Bryant Montessori 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.
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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 Windermere Professional Prtnrs; Better Properties Real Estate
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.