Property Attributes
- ID#2496801
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaSouth Tacoma
- NeighborhoodSouth Tacoma
- Zip98418
- StyleTri-plex
- Year Built1910
- Taxes$ 6923
- Price$ 650,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3120
- Lot Size0.1104 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Well maintained triplex in the heart of the Lincoln district. Rents are slightly lower than market rate, but building has 100% occupancy. All three units metered separately. Location is great for commuters and/or JBLM.
| Price History | |
|---|---|
| 3/31/2026 | Listed $775,000 |
| 4/24/2026 | 6$735,000 |
| 7/28/2026 | 7$684,000 |
| 8/27/2026 | 5$650,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | Forced Air,Wall Unit(s) |
| Possession | Closing,Subject To Tenant Rights |
| Roof | Composition |
| Year Built | 1910 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | Pierce |
| Net Operating Income | 44809 |
| Insurance Expense | 150 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | South Tacoma |
| Special Listing Conditions | None |
| Status | Active |
| Directions | East on S 38th St to right on K street. Property on right. |
| City | Tacoma |
| Senior Community Y/N | No |
| High School District | Tacoma |
| Number Of Units Total | 3 |
| MLS Area | 51 - South Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4810 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 6923 |
| Public Remarks | Well maintained triplex in the heart of the Lincoln district. Rents are slightly lower than market rate,but building has 100% occupancy. All three units metered separately. Location is great for c |
| Leasable Area | 3120 |
| Structure Type | Triplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Units Below Grade | false |
| Water Sewer Garbage | 550 |
| Property Style | 53 - Tri-plex |
| Cap Rate | 8.2 |
| NWM_ShowMapLink | Yes |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Total Parking | 2 |
| Foundation Details | Poured Concrete |
| Building Area Total | 3120 |
| Lot Size Acres | 0.1104 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98418
In The Neighborhood
Tacoma
$ 430,000
- Type
- Multi-Family | Active
- Size
- 1,728 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: BCR LLC
Tacoma
$ 699,000
- Type
- Multi-Family | Active
- Size
- 23,350 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Windermere Prof Partners
Tacoma
$ 899,950
- Type
- Multi-Family | Active
- Size
- 3,672 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Windermere Prof Partners
Tacoma
$ 799,950
- Type
- Multi-Family | Active
- Size
- 3,328 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Pellego, Inc.
Tacoma
$ 720,000
- Type
- Multi-Family | Active
- Size
- 1,840 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: eXp Realty
Tacoma
$ 565,000
- Type
- Multi-Family | Active
- Size
- 1,924 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: eXp Realty
Tacoma
$ 500,000
- Type
- Multi-Family | Active
- Size
- 1,495 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: WA Move Real Estate LLC
Tacoma
$ 625,000
- Type
- Single Family
- Size
- 2,331 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: Redfin
Tacoma
$ 1,275,000
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Redfin
Tacoma
$ 1,399,900
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Terrafin
Tacoma
$ 674,950
- Type
- Multi-Family | Active
- Size
- 2,564 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Theory Real Estate