Incredible 4Plex turnkey investment opportunity to add to an existing portfolio or for a beginning investor to start building wealth. 1 unit left intentionally vacant to allow buyer to owner occupy and possibly take advantage of new lending guidelines. All units are very high demand 2 bed / 1 bath affordable housing with upside on rents. W/S/G paid by owner with bill back utilities paid by tenants. Roof replaced in 2022. All units have been updated within the last 5 years. Don't miss this opportunity to start or enhance your real estate portfolio.
Sold
Listed by: Greater Puget Sound Realty LLC
Bought with: TD Home Team Inc
$810,000
1509 E 38th Street, Tacoma, WA 98404
--beds
--baths
3,116sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$260/sqft
$2,791 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,791/mo
Zestimate® history
Owner options
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$2,791/mo
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$2,791/mo
Rent Zestimate®
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$4,924/mo
Est. payment
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$4,924/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brian-Patrick B. Billones,
Greater Puget Sound Realty LLC
Bought with:
Trong Dang, 24333
TD Home Team Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2170420
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,116
- Total interior livable area: 3,116 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 9,665 sqft
- Features: Curbs, Dead End Street, Paved, Sidewalk
Details
- Parcel number: 2100500040
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1980
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: Tacoma Public Utilities
- Sewer: Available, Company: Tacoma Public Utilities
- Water: Public, Company: Tacoma Public Utilities
- Utilities for property: Comcast, Comcast
Community & neighborhood
Location
- Region: Tacoma
- Subdivision: East Tacoma
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
- Cumulative days on market: 801 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2024 | Sold | $810,000-1.8%$260/sqft |
Source:  NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 12/26/2023 | Pending sale | $825,000$265/sqft |
Source: NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 12/18/2023 | Price change | $825,000-2.9%$265/sqft |
Source: NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 11/24/2023 | Listed for sale | $850,000$273/sqft |
Source: NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 10/24/2023 | Pending sale | $850,000$273/sqft |
Source: NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 10/13/2023 | Listed for sale | $850,000+129.9%$273/sqft |
Source: NWMLS as distributed by MLS GRID #2170420 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/9/2023 | Listed for rent | $1,497 |
Source: Zillow Rentals Report a problem | ||
| 1/12/2017 | Sold | $369,719+21.5%$119/sqft |
Source: Public Record Report a problem | ||
| 10/15/2015 | Sold | $304,269-1.7%$98/sqft |
Source: Public Record Report a problem | ||
| 9/15/2015 | Listed for sale | $309,550-11.6%$99/sqft |
Source: Postlets Report a problem | ||
| 5/17/2015 | Listing removed | $349,995$112/sqft |
Source: Buyers + Sellers Smart Choice Realty #717684 Report a problem | ||
| 11/24/2014 | Listed for sale | $349,995+9.7%$112/sqft |
Source: Buyers + Sellers Smart Choice Realty #717684 Report a problem | ||
| 5/2/2008 | Sold | $319,000$102/sqft |
Source: Public Record Report a problem | ||
| 12/10/2007 | Sold | $319,000$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,208 +2.9% | $754,600 +5.2% |
| 2023 | $7,975 +10.7% | $717,000 +3.3% |
| 2022 | $7,202 +3.1% | $694,000 +13.8% |
| 2021 | $6,986 +37.1% | $609,600 +43.1% |
| 2019 | $5,097 +0.9% | $426,100 +8.6% |
| 2018 | $5,051 +21.2% | $392,400 +22.7% |
| 2017 | $4,167 +24.2% | $319,900 +56.2% |
| 2016 | $3,355 | $204,800 +6.1% |
| 2014 | $3,355 +22.2% | $193,000 +16.3% |
| 2013 | $2,745 | $165,900 +6.1% |
| 2012 | -- | $156,400 -27.7% |
| 2011 | -- | $216,200 -5.7% |
| 2010 | -- | $229,200 -15.9% |
| 2009 | -- | $272,400 -5.6% |
| 2008 | $3,645 | $288,500 -7.4% |
| 2007 | $3,645 +55.1% | $311,700 +127.9% |
| 2002 | $2,350 +7.4% | $136,800 -0.3% |
| 2001 | $2,188 | $137,200 +10% |
| 2000 | $2,188 | $124,700 |
Find assessor info on the county website
Neighborhood: Eastside-ENACT
Nearby schools
GreatSchools rating
- 3/10Blix Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10First Creek Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Blix Elem
- Middle: First Creek Mid
- High: Lincoln High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Pierce County
- Tacoma
- 98404
- Eastside-ENACT
- 1509 E 38th Street
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