Sold

Listed by: Keller Williams Rty Tacoma • Tom Byrne

Bought with: Skyline Properties, Inc.

$1,050,000

214 131st Street S #1-5, Tacoma, WA 98444

--beds

--baths

5,635sqft

Multi Family

Built in 1984

-- sqft lot

$1,209,900 Zestimate^®

$186/sqft

$1,564 Estimated rent

Home value

$1,209,900

$1.10M - $1.32M

$1,564/mo

Zestimate^® history

Owner options

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$1,564/mo

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$1,564/mo

Rent Zestimate^®

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$6,473/mo

Est. payment

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$6,473/mo

Est. payment

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What's special

Pacific lutheran universityGranite countersConvenient freeway accessNear schools

This 5 Unit is a great investment opportunity! The rent increase notice to $1,800 per month has been given to all tenants effective April 1st. In an ideal setting, just off Pacific Ave, on a dead-end street & tucked back from the road. Beautiful setting with a bubbling creek that flows through the property. Granite counters and a forever tile roof. NEW double panel vinyl windows and a whole lot to offer tenants. Each unit has 2 bedrooms and 1.5 bath + Laundry IN-UNIT !! GREAT LOCATION with Convenient freeway access, near schools, shopping, bus line, Pacific Lutheran University, Brookdale Golf Course. Owner will carry the contract at 4% interest, with $330K down, 30 amortization, with a 5 year call. This property has so much potential!

Facts & features

Interior

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Laminate, Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 5,635
Total interior livable area: 5,635 sqft

Property

Parking

Total spaces: 10
Parking features: Open
Uncovered spaces: 10

Features

Patio & porch: Wall to Wall Carpet, Laminate Hardwood

Lot

Size: 0.5 Acres
Features: Dead End Street, Secluded, Patio

Details

Parcel number: 2695002172
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family

Materials

Wood Siding, Wood Products
Foundation: Concrete Ribbon
Roof: Tile

Condition

Year built: 1984
Major remodel year: 1994

Utilities & green energy

Electric: Company: Elmhurst
Sewer: Sewer Connected, Company: Pierce County Public Works
Water: Public, Company: Parkland Water

Community & HOA

Community

Subdivision: Parkland

Location

Region: Tacoma

Financial & listing details

Price per square foot: $186/sqft
Annual tax amount: $9,471
Date on market: 9/4/2023
Cumulative days on market: 1052 days
Listing terms: Conventional

Price history

Date	Event	Price
4/16/2024	Sold	$1,050,000-12.5%$186/sqft
Source: NWMLS as distributed by MLS GRID #2193375 Report a problem
3/19/2024	Pending sale	$1,200,000$213/sqft
Source: NWMLS as distributed by MLS GRID #2193375 Report a problem
1/23/2024	Listed for sale	$1,200,000$213/sqft
Source: NWMLS as distributed by MLS GRID #2193375 Report a problem