718 South Yakima Avenue
718 South Yakima Avenue
Tacoma, WA 98405
$560,000
Last Sold Price
4
Beds
3.5
Baths
2,388 Sq. Ft.
$235 / Sq. Ft.
2,388
Sq. Ft.
$235
per Sq. Ft.
Sold 7/1/21
Sold 7/1/21
Listing provided courtesy of Summit Properties NW LLC, NWMLS-NonOffice
Description
Huge price drop for quick sale! AS IS. 2 buildings on one lot! 718 triplex facing Yakima Ave. with units 1, 2, 3 and possible 5th unit in the attic. 720 separate house facing alley with #4 upstairs above 2 attached garages, laundry room & storage. Coin operated laundry. Fully fenced yard with security gates that stay locked at all times. Electricity metered separately for all units. Gas metered separate for 720. New roof on 720 (2017), newer roof on 718. Located near 6th Ave, Tacoma General and St....Huge price drop for quick sale! AS IS. 2 buildings on one lot! 718 triplex facing Yakima Ave. with units 1, 2, 3 and possible 5th unit in the attic. 720 separate house facing alley with #4 upstairs above 2 attached garages, laundry room & storage. Coin operated laundry. Fully fenced yard with security gates that stay locked at all times. Electricity metered separately for all units. Gas metered separate for 720. New roof on 720 (2017), newer roof on 718. Located near 6th Ave, Tacoma General and St. Joe's hospitals, Wright Park. Near multiple bus lines, colleges, schools, shopping. Never vacant. Rents below market, all tenants up to date paying on time.
- Listed by Margarita Andreeva • Summit Properties NW LLC
Property Details for 718 South Yakima Avenue
Community Name
Hilltop
School DistrictTacoma
ViewCity, Territorial
Number of Assigned Spaces2
Total Covered Parking2
Entry Date07-01-2021
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Summit Properties NW LLC![]()
Sold By NWMLS-NonOffice
Add your commute
LISTING UPDATED: 07/06/2021 03:13 PM
Property Details for 718 South Yakima Avenue
| Status | Sold |
|---|---|
| MLS # | 1803046 |
| Days on Market | 1 |
| Cumulative Days on Market | 989 |
| Taxes | $4,859 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1900 |
| Lot Size | 0.07 AC / 3,250 SF |
| County | Pierce County |
Location
Listing Courtesy of Summit Properties NW LLC![]()
Sold By NWMLS-NonOffice
Add your commute
Building Information for 718 South Yakima Avenue
Stories2Residences4Year Built1900Building Size-Lot Size0.07 AC / 3,250 SF
Payment Calculator
$3,461 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,056
Property Taxes
$405
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 718 South Yakima Avenue
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Deck, Fenced-Fully, Gas Available, Gated Entry, Patio
- Area: 28 - Central Tacoma
- Effective Year Built Source: Public Records
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Ceramic Tile, Softwood, Laminate, Carpet
- Features: Tankless Water Heater, Ceramic Tile, Fir/Softwood, Laminate
- Amenities: Basement,Coin Op Laundry,Storage
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: See Remarks
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard,Forced Air,Tankless Water Heater
- Water Source: Public
- Water/Sewer/Garbage: 4353
- Power Company: TPU and PSE
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric, Natural Gas
- Utilities: Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- Senior Community: No
- Year Built Effective: 1961
- Photos Count: 1
Lot Information
- Lot Details: Alley, Sidewalk
- Lot Size Source: County Assessor
- Parcel Number Free Text: 200716-007-0
- Calculated Square Footage: 2388
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2388.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 2
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $392
- Total Expenses: 12252
- Gross Adjusted Income: 39708
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $51,960
- Insurance Expense: $1,340
- Net Operating Income: $39,708
- Other Expenses: $1,308
- Total Monthly Income: 4330
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 690
- Rent Unit 1: $1,300.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 370
- Rent Unit 2: $750.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 300
- Rent Unit 3: $820.00
- Bedrooms Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4 (720)
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 660
- Rent Unit 4: $1,160.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2068.0
- Leasable Area Units: Square Feet
Property History for 718 South Yakima Avenue
| 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 718 South Yakima Avenue
Taxable ValueLand$196,100Additions$343,900Total$540,000
Tax Record2024$6,010 ($501 / month)
Home Facts
Total Finished SqFt1,728 SqFtAbove Ground SqFt1,728 SqFtStories2Lot Size3,250 SqFtStyleTriplexYear Built1900Year Renovated1961ZoningR5CountyPIERCEAPN2007160070Fireplace TypeHas Fireplace
Schools near 718 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 - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Mccarver PublicPK to 5 | ||
Jason Lee Public6 to 8 | ||
Stadium Public9 to 12 | ||
Special Services PublicPK 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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Listing Courtesy of Summit Properties NW LLC
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.