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!
Sold
Listed by: Heaton Dainard, LLC • Serena Norris
Bought with: Keller Williams Realty PS
$640,000
1623 S Yakima Avenue, Tacoma, WA 98405
--beds
--baths
2,416sqft
Triplex, Multi Family
Built in 1906
-- sqft lot
$661,000 Zestimate®
$265/sqft
$2,276 Estimated rent
Home value
$661,000
$621,000 - $701,000
$2,276/mo
Zestimate® history
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$2,276/mo
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$3,933/mo
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Zillow last checked:
Listing updated:
Listed by:
Serena Norris,
Heaton Dainard, LLC
Bought with:
Celeste Paul, 115658
Keller Williams Realty PS
Source: NWMLS as distributed by MLS GRID,MLS#: 2240894
Facts & features
Interior
Heating
- Wall Unit(s), Electric, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,416
- Total interior livable area: 2,416 sqft
Property
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 2,975 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Partially, Gas Available
Details
- Parcel number: 2016150061
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Cement Planked
- Roof: Composition
Condition
- Year built: 1906
- Major remodel year: 1978
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $422,200
- Annual tax amount: $4,615
- Date on market: 7/11/2024
- Cumulative days on market: 741 days
- Listing terms: Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2024 | Sold | $640,000-6.6%$265/sqft |
Source:  NWMLS as distributed by MLS GRID #2240894 Report a problem | ||
| 6/17/2024 | Pending sale | $685,000$284/sqft |
Source: NWMLS as distributed by MLS GRID #2240894 Report a problem | ||
| 5/21/2024 | Listed for sale | $685,000$284/sqft |
Source: NWMLS as distributed by MLS GRID #2240894 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/16/2018 | Listing removed | $1,350$1/sqft |
Source: Owner Report a problem | ||
| 6/12/2018 | Listed for rent | $1,350$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,598 -62.2% | $422,200 +1.9% |
| 2023 | $12,148 +77% | $414,400 -6% |
| 2022 | $6,863 +59.2% | $440,800 +17.3% |
| 2021 | $4,311 +28.2% | $375,800 +27.6% |
| 2019 | $3,364 -0.4% | $294,400 +13.8% |
| 2018 | $3,379 | $258,700 +21% |
| 2017 | -- | $213,800 |
Find assessor info on the county website
Neighborhood: New Tacoma
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Nearby schools
GreatSchools rating
- 3/10Edna Travis ElementaryGrades: PK-5Distance: 0.4 mi
- 3/10Hilltop Heritage Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Stadium High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- High: Stadium
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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Estimated market value
$661,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$661,000
- Washington
- Pierce County
- Tacoma
- 98405
- New Tacoma
- 1623 S Yakima Avenue
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