$685,000
Active
25 Days Online
0 Beds0 Baths2,416 SQFT
Active

1623 S Yakima Avenue Tacoma, WA 98405

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Investor Alert! Currently operating as a Duplex with two rental units plus a 3rd unit partially finished. Finish the 3rd unit to potentially add equity & increase the rental income by 30+%! Architectural plans for conversion/finishing 3rd unit previously approved for permits are included in the sale. Buyer to verify all information & requirements to complete. The middle and top units were remodeled in 2017. Top unit leased until June 2025 at $1645+$100/mo for landscaping. Middle unit prev leased at $1600/mo. Tenants pay utilities. Clean, well-managed & maintained with full rental turns. High walk score & close to everything – DT Tacoma, UW Tacoma, Universities, Hospitals, I-5, and more. Don’t miss this one for your portfolio!

  • Property TypeMulti-Family
  • NeighborhoodTacoma
  • CountyPierce
  • Taxes$4,615
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusActive
  • MLS ID Number2240894
  • Home Size Source Realist
  • Year Built1906
  • Lot Size0.0683 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Number of Stories 3
  • Acreage 0.0683
  • Water Public
  • Security Fully Fenced
  • Property Sub Type Multi Family
  • Sewer Sewer Connected
  • Lot Features CurbsPavedSidewalk
  • Parking Total 0

Interior Features

  • Cooling None
  • Heating Wall Unit(s)
  • Flooring Vinyl PlankCarpet
  • Interior Wall to Wall Carpet
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Composition
  • View CityMountain(s)Territorial
  • Waterfront Property No
  • Exterior Cement Planked
  • Lot CurbsPavedSidewalk

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 30 - Central Tacoma
  • Security Features Fully Fenced

Schools

School District
Tacoma
Elementary School
Unknown
Middle School
Unknown
High School
Stadium

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Monthly Payment (Est.)

$3,627
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