708 South Yakima Avenue

Tacoma, WA 98405

$430,000
Last Sold Price
5
Beds
4
Baths
2,579 Sq. Ft.
$167 / Sq. Ft.
2,579
Sq. Ft.
$167
per Sq. Ft.

Description

Remarkable Investment Opportunity with this Centrally Located Tacoma Tri-Plex. Unit 1 is 700 sq ft, 1 bdrm/1 bath & rents for $850 p/month. Unit 2 is 920 sq ft, 2 bdrms/2 baths & rents for $1,300 p/month. Unit 3 is 956 sq ft, 2 bdrms, 1 bath & rents for $1,100 p/month. Each tenant also pays $75 per month for water/sewer/garbage. All 3 units are tenant occupied. Do not disturb tenants. Interior access will be given upon mutual acceptance of an offer. An opportunity like this does not come often.Remarkable Investment Opportunity with this Centrally Located Tacoma Tri-Plex. Unit 1 is 700 sq ft, 1 bdrm/1 bath & rents for $850 p/month. Unit 2 is 920 sq ft, 2 bdrms/2 baths & rents for $1,300 p/month. Unit 3 is 956 sq ft, 2 bdrms, 1 bath & rents for $1,100 p/month. Each tenant also pays $75 per month for water/sewer/garbage. All 3 units are tenant occupied. Do not disturb tenants. Interior access will be given upon mutual acceptance of an offer. An opportunity like this does not come often.
  1. Listed by Matthew Harber • Keller Williams Tacoma
  2. Listed by Guy D. Rowley • Keller Williams Tacoma

Property Details for 708 South Yakima Avenue

Community Name
Tacoma
School District
Tacoma
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
11-18-2019
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Tacoma

Sold By Skyline Properties, Inc.

Add your commute
LISTING UPDATED: 03/26/2021 02:23 PM

Property Details for 708 South Yakima Avenue

StatusSold
MLS #1541885
Days on Market97
Cumulative Days on Market1487
Taxes$3,523 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.10 AC / 4,355 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Tacoma

Sold By Skyline Properties, Inc.

Add your commute

Building Information for 708 South Yakima Avenue

Stories2Residences3Year Built1900Building Size-Lot Size0.10 AC / 4,355 SF

Payment Calculator

$2,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,347

Property Taxes

$294

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 708 South Yakima Avenue

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 29 - Central Tacoma
  • Effective Year Built Source: Public Records
  • Directions: From 6th Ave, S on Yakima Ave, Building on Right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Fireplace: No
Exterior Features
  • Exterior: Stone, Stucco
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air
  • Water Source: Public
  • Water/Sewer/Garbage: 4800
  • Power Production Type: Electric, Natural Gas
  • Utilities: Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family,Residential
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1963
  • Photos Count: 3
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Tax Records/Realist
  • Parcel Number Free Text: 2007160030
  • Calculated Square Footage: 2579
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2579.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10123
  • Gross Adjusted Income: 39615
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $41,700
  • Insurance Expense: $1,800
  • Net Operating Income: $31,577
  • Other Expenses: $0
  • Total Monthly Income: 3250
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 920
  • Rent Unit 1: $1,300.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 3
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 956
  • Rent Unit 2: $1,100.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 1
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 700
  • Rent Unit 3: $850.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2579.0
  • Leasable Area Units: Square Feet

Property History for 708 South Yakima Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 708 South Yakima Avenue

Taxable ValueLand$203,000Additions$254,600Total$457,600
Tax Record2024$5,094 ($425 / month)
Home Facts
Total Finished SqFt2,579 SqFtAbove Ground SqFt2,579 SqFtStories2Lot Size4,355 SqFtStyleTriplexYear Built1900Year Renovated2005ZoningR5CountyPIERCEAPN2007160030

Schools near 708 South Yakima Avenue

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
Mccarver
PublicPK to 5

Jason Lee
Public6 to 8

Stadium
Public9 to 12

Tcc Fresh Start
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

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Similar Sold 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 Keller Williams Tacoma

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.