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Off market
  • $490,500

    520 S 51st St, Tacoma, WA 98408

    4beds
    600sqft
    SingleFamily
    Built in 1925
    6,000 Square Feet Lot
    $490,500 Zestimate®
    $818/sqft
    $2,687 Estimated rent

    Home value

    $490,500

    $461,000 - $515,000

    $2,687/mo

    Zestimate® history
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    Owner options

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    $2,687/mo

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    $2,687/mo

    Rent Zestimate®

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    $2,998/mo

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    $2,998/mo

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    What's special

    Great cash flow with these 3 units. Duplex has large 2 bdrm/1 bath unit on main level (rent $1100/month) with oversized kitchen. Second unit on the upper floor is a 1 bdrm/1 bath unit renting for $600/month. Detached 1 bdrm/1 bath cottage, remodeled in 2009 sits on the back of the property, currently renting for $550/month. 2 dedicated parking spaces and ample street parking. Rents are currently low and have upside potential with a current cap rate of 6.3% - A solid positive investment.

    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: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Wall
    Cooling
    • None
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 600 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Other
    Lot
    • Size: 6,000 Square Feet
    Details
    • Parcel number: 5115001600

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $818/sqft
    • Tax assessed value: $484,000
    • Annual tax amount: $5,269

    Price history

    DateEventPrice
    6/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/19/2023Listed for rent$1,295+107.2%$2/sqft
    Source: Zillow Rentals Report a problem
    6/12/2020Sold$347,000+94.9%$578/sqft
    Source: NWMLS as distributed by MLS GRID #1599724 Report a problem
    7/28/2014Sold$178,000-1.1%$297/sqft
    Source: NWMLS as distributed by MLS GRID #642591 Report a problem
    5/30/2014Listed for sale$180,000-10%$300/sqft
    Source: Coldwell Banker Danforth #642591 Report a problem
    3/17/2012Listing removed$625$1/sqft
    Source: Tacoma Property Management Company Report a problem
    1/5/2012Price change$625-10.1%$1/sqft
    Source: Tacoma Property Management Company Report a problem
    11/15/2011Price change$695+3%$1/sqft
    Source: Tacoma Property Management Company Report a problem
    11/8/2011Listed for rent$675+8%$1/sqft
    Source: Tacoma Property Management Company Report a problem
    9/3/2011Listing removed$625$1/sqft
    Source: Tacoma Property Management Company Report a problem
    8/9/2011Listed for rent$625$1/sqft
    Source: Tacoma Property Management Company Report a problem
    6/10/2010Listing removed$199,950$333/sqft
    Source: Home Realty #84111 Report a problem
    4/29/2010Price change$199,950-3.6%$333/sqft
    Source: Home Realty #29062323 Report a problem
    1/28/2010Price change$207,500-2.8%$346/sqft
    Source: Home Realty #29062323 Report a problem
    1/13/2010Listed for sale$213,500-1.4%$356/sqft
    Source: Home Realty #29062323 Report a problem
    11/21/2009Listing removed$216,500$361/sqft
    Source: Home Realty #29062323 Report a problem
    8/8/2009Price change$216,500-2.7%$361/sqft
    Source: Home Realty #29062323 Report a problem
    6/12/2009Listed for sale$222,500-17%$371/sqft
    Source: Home Realty #29062323 Report a problem
    4/25/2008Listing removed$267,950$447/sqft
    Source: Postlets #27157350 Report a problem
    1/5/2008Listed for sale$267,950+9.4%$447/sqft
    Source: Postlets #27157350 Report a problem
    3/10/2006Sold$244,950+44.6%$408/sqft
    Source: NWMLS as distributed by MLS GRID #25178967 Report a problem
    8/2/2004Sold$169,406+9.3%$282/sqft
    Source: Public Record Report a problem
    9/5/2002Sold$155,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,269 +3.2%$484,000 +5.6%
    2023$5,103 -3%$458,400 -9.5%
    2022$5,260 +7.9%$506,600 +19.2%
    2021$4,874 +33.1%$425,000 +37.5%
    2019$3,661 +4.4%$309,200 +9.8%
    2018$3,505 +17.5%$281,600 +27%
    2017$2,982 +13.1%$221,800 +34.8%
    2016$2,637 $164,600 +8.6%
    2014$2,637 +18.9%$151,600 +14.2%
    2013$2,218 $132,800 +5.1%
    2012-- $126,300 -23.4%
    2011-- $164,800
    Find assessor info on the county website

    Neighborhood: South End

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $490,500
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    Estimated market value
    $490,500