Off market

Tax assessed value

$731,800

2056 E 56th St, Tacoma, WA 98404

8beds

4baths

3,100sqft

MultiFamily

Built in 1986

-- sqft lot

$-- Zestimate^®

$236/sqft

$3,420 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,420/mo

Zestimate^® history

Owner options

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$3,420/mo

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$3,420/mo

Rent Zestimate^®

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$4,445/mo

Est. payment

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$4,445/mo

Est. payment

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What's special

GREAT INVESTMENT OPPORTUNITY! Four Plex with coin-operated laundry. All units are currently rented and on a month to month. Rents are under market value. The current CAP rate is %6.3. Potential 7.3% cap rate if rent raised to $1,100 per unit. Market rent is approximately $1200 per unit. The current owner updated 3 units, painted the exterior, added lights & security cameras. Just down the street is the new boys & Girls Club. Laundry has new coin-operated, commercial-grade washers & dryers.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Baseboard

Cooling

Central

Appliances

Included: Dishwasher, Refrigerator

Features

Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
Basement: Partially finished

Interior area

Total interior livable area: 3,100 sqft

Property

Features

Exterior features: Wood

Lot

Size: 10,855 sqft

Details

Parcel number: 5003440020

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Composition

Condition

Year built: 1986

Utilities & green energy

Sewer: Sewer Connected
Water: Public

Community & neighborhood

Location

Region: Tacoma

Other

Other facts

Dishwasher1: Y
Dishwasher2: Y
Refrigerator1: Y
Refrigerator2: Y
Property type: MULT
Range/oven1: Y
Range/oven2: Y
Dishwasher3: Y
Dishwasher4: Y
Refrigerator3: Y
Refrigerator4: Y
Range/oven3: Y
Range/oven4: Y
Exterior: Wood Products, Wood
Foundation: Poured Concrete
Sewer: Sewer Connected
Form 17: Provided
Water source: Public
Roof: Composition
Possesion: Closing
Energy source: Electric
Heating and cooling: Baseboard
Lot details: Paved Street, Dead End Street, Sidewalk
General zoning: Multi-Family
Style: 54 - 4-Plex
Potential terms: Conventional, Cash Out, VA
Floor covering: Wall to Wall Carpet, Vinyl, Laminate Tile
Amenities: Coin Op Laundry
View: River, Partial
Bathrooms1: 1.00
Bathrooms5: 0.00
Bathrooms6: 0.00
Bathrooms2: 1.00
Bathrooms3: 1.00
Bathrooms4: 1.00
Offers: Reviewed on receipt
Commission: 2.5

Price history

Date	Event	Price
4/12/2023	Sold	$757,300-7.5%$244/sqft
Source: NWMLS as distributed by MLS GRID #2020829 Report a problem
2/24/2023	Pending sale	$819,000$264/sqft
Source: NWMLS as distributed by MLS GRID #NWM2020829 Report a problem
1/20/2023	Price change	$819,000-2.4%$264/sqft
Source: NWMLS as distributed by MLS GRID #2020829 Report a problem
12/8/2022	Listed for sale	$839,000+31.1%$271/sqft
Source: NWMLS as distributed by MLS GRID #2020829 Report a problem
3/25/2020	Sold	$640,000+2.4%$206/sqft
Source: NWMLS as distributed by MLS GRID #1561910 Report a problem
2/26/2020	Pending sale	$624,950$202/sqft
Source: eXp Realty #1561910 Report a problem
2/22/2020	Listed for sale	$624,950$202/sqft
Source: eXp Realty #1561910 Report a problem
2/11/2020	Pending sale	$624,950$202/sqft
Source: eXp Realty #1561910 Report a problem
2/7/2020	Listed for sale	$624,950+79.2%$202/sqft
Source: eXp Realty #1561910 Report a problem
12/16/2016	Sold	$348,719+29.3%$112/sqft
Source: Public Record Report a problem
9/21/2015	Sold	$269,719+19.9%$87/sqft
Source: Public Record Report a problem
6/13/2013	Listing removed	$750
Source: Toril Sells Houses Team #488641 Report a problem
5/22/2013	Listed for rent	$750+2.7%
Source: Toril Sells Houses Team #488641 Report a problem
2/24/2013	Listing removed	$730
Source: HotPads for Rent Report a problem
11/26/2012	Listed for rent	$730
Source: www.RentalAds.com Report a problem
7/9/2012	Sold	$225,000-10%$73/sqft
Source: NWMLS as distributed by MLS GRID #292768 Report a problem
4/21/2012	Listed for sale	$250,000$81/sqft
Source: Keller Williams - Tacoma #292768 Report a problem
4/21/2012	Listing removed	$730
Source: GoSection8.com Report a problem
4/3/2012	Listed for rent	$730
Source: GoSection8.com Report a problem
3/11/2012	Listing removed	$250,000$81/sqft
Source: Keller Williams - Tacoma #292768 Report a problem
12/13/2011	Listed for sale	$250,000-35.1%$81/sqft
Source: Keller Williams - Tacoma #292768 Report a problem
3/3/2006	Sold	$385,000$124/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,961 +4.2%	$731,800 +6.6%
2023	$7,639 +1.3%	$686,700 -5.5%
2022	$7,543 +1.4%	$727,000 +12%
2021	$7,439 +33%	$649,200 +36.1%
2019	$5,595	$477,000 +10.7%
2018	--	$430,800 +30.2%
2017	$3,893	$330,800 +35.6%
2016	$3,893	$243,900 +8.9%
2014	$3,893 +19.7%	$224,000 +14.5%
2013	$3,253	$195,600 +5.5%
2012	--	$185,400 -23.9%
2011	--	$243,700 -3.9%
2010	--	$253,600 -13.8%
2009	--	$294,100 -4.4%
2008	$4,087 +0%	$307,500 -12%
2007	$4,087	$349,500