Views
Address
616 S 45th Street # A&b, Tacoma, WA
Price
$ 430,000
Property Attributes
- ID#2580475
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaSoutheast Tacoma
- NeighborhoodSouth Tacoma
- Zip98418
- StyleDuplex
- Year Built1902
- Taxes$ 4633
- Price$ 430,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1728
- Lot Size0.1515 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Investment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1,728 square feet of rentable living space, divided into two unite, on a 6,600-square-foot lot, this property provides an opportunity for an investor looking to improve, reposition, and build long-term value. The two-story property features a partially fenced lot, alley access, paved street, three uncovered parking spaces, and separate living opportunities under one roof. The home offers a mix of laminate, vinyl, and carpet flooring and electric baseboard heat. With 50% vacancy, there may be an opportunity for a new owner to renovate the vacant space while maintaining income from the occupied portion. New roof has been scheduled to be installed. Convenient Tacoma location with an attractive $430,000 asking price. Whether you're looking to expand your rental portfolio, renovate and hold, or explore the property's future potential, this is an opportunity worth a closer look. Bring your ideas and make this South Tacoma duplex work for you!
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
General Features
| Sewer | STEP Sewer |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | Negotiable |
| Roof | Composition |
| Security Features | Partially Fenced |
| Year Built | 1902 |
| View | Territorial |
| Unit Number | A&B |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| County | Pierce |
| Net Operating Income | 5187 |
| Insurance Expense | 2874 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | South Tacoma |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | First Look |
| Directions | Gps is Correct |
| High School | Buyer To Verify |
| City | Tacoma |
| Senior Community Y/N | No |
| High School District | Tacoma |
| Zoning Description | Multi-Family |
| Number Of Units Total | 2 |
| MLS Area | 59 - Southeast Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6600 |
| Carport Y/N | No |
| Listing Terms | Cash,Rehab Loan |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 4633 |
| Electric Expense | 2100 |
| Fuel Expense | 2600 |
| Middle/Junior High School | Buyer To Verify |
| Property Condition | Fair |
| Public Remarks | Investment opportunity in South Tacoma! Bring your vision and unlock the potential of this centrally located duplex. Offering approximately 1,728 square feet of rentable living space,divided into two |
| Leasable Area | 1728 |
| Structure Type | Duplex |
| Building Area Units | Square Feet |
| Standard Status | Coming Soon |
| Water Company | TPU |
| Units Below Grade | false |
| Units In Building Total | 2 |
| Water Sewer Garbage | 2346.36 |
| Property Style | 52 - Duplex |
| Cap Rate | 3.35 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate,Vinyl,Carpet |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Metal/Vinyl |
|---|---|
| Lot Features | Alley,Curbs,Paved |
| Water Source | Public |
| Total Parking | 3 |
| Foundation Details | Poured Concrete |
| Building Area Total | 1728 |
| Lot Dimensions | 44x150x44x150 |
| Lot Size Acres | 0.1515 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Fenced-Partially |
| Parking Uncovered Total | 3 |
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
Price
Taxes
Year Built
Visits
In The Neighborhood
Seller Financing
Tacoma
$ 699,000
- Type
- Multi-Family | Active
- Size
- 23,350 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Windermere Prof Partners
Views
Tacoma
$ 899,950
- Type
- Multi-Family | Active
- Size
- 3,672 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Windermere Prof Partners
Views
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
Reduced
Tacoma
$ 500,000
- Type
- Multi-Family | Active
- Size
- 1,495 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: WA Move Real Estate LLC
Reduced
Tacoma
$ 625,000
- Type
- Single Family
- Size
- 2,331 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: Redfin
Reduced
Tacoma
$ 1,275,000
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Redfin
Reduced
Tacoma
$ 1,399,900
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Terrafin
Lease to Own
Tacoma
$ 674,950
- Type
- Multi-Family | Active
- Size
- 2,564 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Theory Real Estate
Reduced
Tacoma
$ 525,000
- Type
- Multi-Family | Active
- Size
- 2,826 SqFt
- Rooms
- 7 Beds + 4 Baths
Listed by: Van Dorm Realty, Inc
