817 South 11th Street

Tacoma, WA 98405

$614,000
Last Sold Price
Studio
Beds
2,880 Sq. Ft.
$213 / Sq. Ft.
2,880
Sq. Ft.
$213
per Sq. Ft.

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!

Property Details for 817 South 11th Street

Community Name
New Tacoma
School District
Tacoma
Year Built Numeric
1900

Location

Sold By John L. Scott, Inc.

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

$2,619 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,208

Property Taxes

$411

HOA Dues

$0

Similar Homes

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
  • Street Number Numeric: 817
  • Street Direction: S
  • Street Name Free Text: 11th
  • Street Suffix: St
  • County: Pierce
  • City: Tacoma
  • Character: 98405
  • Sale Type: MLS
  • 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
  • Property Sub Type: MULT
  • Status: S
    Taxes and HOA Information
  • Tax Year: 2019
    Parking
  • Number of Garage Spaces: 0
  • Number of Carport Spaces: 0
Interior and Exterior Features
    Bathroom Information
  • Total Bathrooms: 0
  • Full Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Quarter Bathrooms: 0
    Bedroom Information
  • Approved Number of Bedrooms: 0
  • Bedrooms Count: 0.0
    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
  • Square Footage: 2880.0
  • Lot Square Footage: 4500.0
  • General Zoning Classification: Multi-Family
  • Total Finished SQFT: 0.0
    Lot Information
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 2010170070
Multi Family
    Building Details
  • Total Number of Parking Spaces: 0
  • Number of Uncovered Spaces: 0
  • 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
  • Heating Expenses: $0
  • Insurance Expenses: $1,229
  • Net Operating Income: $42,722
  • Other Expenses: 0
  • 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
  • Fireplaces Unit 1: 0
  • 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
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • 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
  • Fireplaces Unit 3: 0
  • 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
  • Fireplaces Unit 4: 0
  • 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
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1.0
  • Description Unit 5: E
    Unit 6
  • Square Feet Unit 6: 0
  • Rent Unit 6: $0
  • Bedrooms Unit 6: 0
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 0.0
Agent Information
    Sale and Listing
  • List Price: $650,000

Property History for 817 South 11th Street

DateEvent & SourcePriceAppreciation
Feb 12, 2020

Sold

NWMLS #1503403

$614,000
Dec 12, 2019

Pending

NWMLS #1503403

Aug 9, 2019

Listed (Active)

NWMLS #1503403

$650,000
DateEvent & SourcePrice
02/12/2020

Sold

NWMLS #1503403

$614,000
12/12/2019

Pending

NWMLS #1503403

08/09/2019

Listed (Active)

NWMLS #1503403

$650,000

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

Schools near 817 South 11th Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Tacoma Business AcademyPublic9-120.1 mi
NR
Tacoma Pierce County Education CenterPublic9-120.2 mi
NR
Community MontessoriPrivatePK-20.3 mi
NR
Community Based Trans ProgramPublic11-120.3 mi
NR

Tacoma Business Academy

9-12, 0.1 mi, Public

NR

Tacoma Pierce County Education Center

9-12, 0.2 mi, Public

NR

Community Montessori

PK-2, 0.3 mi, Private

NR

Community Based Trans Program

11-12, 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.

Property Details for 817 South 11th Street

StatusSold
MLS #1503403
Year Built1900
DOM120
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)

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. 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.