6401 South Pine Street
6401 South Pine Street
Tacoma, WA 98409
$522,500
Last Sold Price
4
Beds
3
Baths
1,656 Sq. Ft.
$316 / Sq. Ft.
1,656
Sq. Ft.
$316
per Sq. Ft.
Sold 7/1/23
Sold 7/1/23
Listing provided courtesy of Terrafin, Mosaic Realty
Description
Great investment opportunity! In the sought-after heart of growing Tacoma, this hard to find tri-plex is settled on a spacious corner lot. All 3 units are currently rented. Potential for garage to be rented separately or used for extra storage space. Plenty of off street parking available. Easy and close access to everything you need- shopping, dining, parks, schools and more! Do not miss out on this valuable chance to own these units for a straightforward investment.Great investment opportunity! In the sought-after heart of growing Tacoma, this hard to find tri-plex is settled on a spacious corner lot. All 3 units are currently rented. Potential for garage to be rented separately or used for extra storage space. Plenty of off street parking available. Easy and close access to everything you need- shopping, dining, parks, schools and more! Do not miss out on this valuable chance to own these units for a straightforward investment.
- Listed by Dennis Folk • Terrafin
Property Details for 6401 South Pine Street
Community Name
Tacoma
School DistrictTacoma
Number of Assigned Spaces5
Total Covered Parking0
Entry Date02-28-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Terrafin![]()
Sold By Mosaic Realty
Add your commute
LISTING UPDATED: 07/01/2023 09:14 AM
Property Details for 6401 South Pine Street
| Status | Sold |
|---|---|
| MLS # | 2040183 |
| Days on Market | 56 |
| Cumulative Days on Market | 321 |
| Taxes | $3,932 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1910 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | Pierce County |
Location
Listing Courtesy of Terrafin![]()
Sold By Mosaic Realty
Add your commute
Building Information for 6401 South Pine Street
Stories2Residences3Year Built1910Building Size-Lot Size0.16 AC / 7,000 SF
Payment Calculator
$3,179 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,851
Property Taxes
$328
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 6401 South Pine Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck
- Area: 49 - South Tacoma
- Elementary School: Buyer To Verify
- Middle Or Junior School: Gray
- High School: Mt Tahoma
- Effective Year Built Source: Public Records
- Directions: From 64th and Oakes go west to Pine.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Softwood, Vinyl, Carpet
- Features: Fir/Softwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 4712
- Sewer Company: City of Tacoma
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Block
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1978
- Photos Count: 23
Lot Information
- Lot Details: Alley, Corner Lot, Paved
- Lot Number: 1
- Lot Size Source: County Records
- Parcel Number Free Text: 970000360
- Building Condition: Fair
- Calculated Square Footage: 1656
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1656.0
- 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: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $600
- Total Expenses: 13744
- Gross Adjusted Income: 46200
- Gross Rent Multiplier: 11.68
- Gross Scheduled Income: $46,200
- Insurance Expense: $1,200
- Net Operating Income: $32,456
- Other Expenses: $2,700
- Total Monthly Income: 3850
- Fuel Expense: $600
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Rent Unit 2: $1,100.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Rent Unit 3: $1,200.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1656.0
- Leasable Area Units: Square Feet
Property History for 6401 South Pine 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 6401 South Pine Street
Taxable ValueLand$196,900Additions$211,500Total$408,400
Tax Record2024$4,548 ($379 / month)
Home Facts
Total Finished SqFt1,656 SqFtAbove Ground SqFt1,656 SqFtStories2Lot Size7,000 SqFtStyleTriplexYear Built1910Year Renovated1978ZoningR2CountyPIERCEAPN9170000360
Schools near 6401 South Pine 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 |
|---|---|---|
Arlington PublicPK to 5 | ||
Gray Middle School Public6 to 8 | ||
Mt Tahoma 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 Terrafin
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.