817 South 11th Street

Tacoma, WA 98405

$650,000
Price
$650,000
Price
Studio
Beds
2,880 Sq. Ft.
$226 / Sq. Ft.
2,880
Sq. Ft.
$226
per Sq. Ft.

Property Details for 817 South 11th Street

StatusActive
MLS #1503403
Year Built1900
DOM12
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size0.10 AC / 4,500 SF
Taxes$4,929 / year
Condo/Co-op Fees-
HOA Fees-
CountyPierce County

Listing Agent

Contact Agent(s)

Property Details for 817 South 11th Street

Community Name
New Tacoma
School District
Tacoma

Description

This is the investment property that you have been looking for! Close to Downtown Tacoma and future light rail station. This 5 unit building has been professional managed, well maintained and still has room for value adds to create additional income! The unfinished basement has a ton of potential. Major stuff is taken care of so you can walk into a cash flowing building with confidence. Newer roof w/20 year warranty. Exterior recently painted. Don't miss this one!

Location

Listing Agent

  1. Kwasi Bowie

    Listing Agent

    Compass

Building Information for 817 South 11th Street

Stories-Residences5Year Built1900Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$3,030 per month

30 year fixed, 4.45% Interest

Principal and Interest

$2,619

Property Taxes

$411

HOA Dues

$0

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Property Information for 817 South 11th Street

Summary
    Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Gated Entry
  • Area: 29 - Central Tacoma
  • Effective Year Built: 1990
  • Directions: From I-5, exit 132 to Hwy 16, take the Sprague exit. From Sprague, right on 11th. Building will be on the left.
  • Leased Items: None
  • MLS Status: A
    Taxes and HOA Information
  • Tax Year: 2019
Interior and Exterior Features
    Interior Features
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • New Construction: N
    Exterior Features
  • Exterior: Stucco
  • Roof: Flat
Property
    Utilities
  • Energy Source: Electric
  • Heating and Cooling: Baseboard
  • Sewer: Sewer Connected
  • Water/Sewer/Garbage: 4600
    Property and Assessments
  • Foundation: Poured Concrete
  • Effective Year Built Source: Public Records
  • General Zoning Classification: Multi-Family
    Lot Information
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number: 2010170070
Multi Family
    Building Details
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
    Financing / Income and Expenses
  • Electrical Expenses: $400
  • Total Expenses: $11,158
  • Gross Adjusted Income: $53,880
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $52,380
  • Insurance Expenses: $1,229
  • Net Operating Income: $42,722
  • Total Monthly Income: 4490
    Unit 1
  • Washer/Dryer Unit 1: Y
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: Y
  • Square Feet Unit 1: 828
  • Rent Unit 1: $1,020
  • Bedrooms Unit 1: 3
  • Description Unit 1: A
  • Bathrooms Unit 1: 1.0
    Unit 2
  • Washer/Dryer Unit 2: N
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: Y
  • Square Feet Unit 2: 282
  • Rent Unit 2: $750
  • Bathrooms Unit 2: 1.0
  • Description Unit 2: B
    Unit 3
  • Washer/Dryer Unit 3: N
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: Y
  • Square Feet Unit 3: 391
  • Rent Unit 3: $825
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1.0
  • Description Unit 3: C
    Unit 4
  • Washer/Dryer Unit 4: N
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: Y
  • Square Feet Unit 4: 408
  • Rent Unit 4: $895
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1.0
  • Description Unit 4: D
    Unit 5
  • Washer/Dryer Unit 5: N
  • Range/Oven Unit 5: Y
  • Refrigerator Unit 5: Y
  • Dishwasher Unit 5: Y
  • Square Feet Unit 5: 376
  • Rent Unit 5: $875
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1.0
  • Description Unit 5: E

Property History for 817 South 11th Street

DateEvent & SourcePriceAppreciation
Aug 9, 2019Listed (Active)

NWMLS #1503403

$650,000
Jan 1, 2019Expired

NWMLS #1349644

Sep 4, 2018Listed (Active)

NWMLS #1349644

$599,950
DateEvent & SourcePrice
08/09/2019
Listed (Active)

NWMLS #1503403

$650,000
01/01/2019
Expired

NWMLS #1349644

09/04/2018
Listed (Active)

NWMLS #1349644

$599,950

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

Public Records for 817 South 11th Street

Taxable ValueLand$69,800Additions$244,200Total$314,000
Tax Record2018$4,958
Home Facts
Beds5Above Ground Sq Ft2,880 SqFtUnfinished Basement Area1,440 SqFtStories2Lot Size4,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1987

Schools near 817 South 11th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Tacoma Business AcademyPublic9-120.1 mi
NR
Tacoma Pierce County Education CenterPublic9-120.1 mi
NR
Community MontessoriPrivatePK-20.3 mi
NR
Fresh StartPublic9-120.3 mi
NR

Tacoma Business Academy

9-12, 0.1 mi, Public

NR

Tacoma Pierce County Education Center

9-12, 0.1 mi, Public

NR

Community Montessori

PK-2, 0.3 mi, Private

NR

Fresh Start

9-12, 0.3 mi, Public

NR

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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817 South 11th Street is a multi-family home for sale in Tacoma, WA 98405. This property was listed for sale on August 9, 2019 by Compass at $650,000. It has been on the market for a total of 12 days and was last sold on October 11, 2013. Nearby schools include Tacoma Pierce County Education Center, Community Based Trans Program and Home Based. 817 South 11th Street is a 0-bed, 0-bath, 2,880 sqft multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing provided courtesy of Northwest MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.