1509 E 38th Street , Tacoma, WA 98404

WA, Tacoma
$825,000
  • 3,116 Sqft
  • Residential Income Property Type
  • 1980 Year Built
  • Closed Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2170420
  • Price: $825,000
  • Square Footage: 3,116 Sqft
  • Year Built: 1980
  • Lot Area: 0.22 Acre
  • Status: Closed
  • Office Name: Greater Puget Sound Realty LLC
  • Agent Name: Brian-Patrick B. Billones
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Vinyl Plank
  • Interior Features Wall to Wall Carpet
  • Sewer Available
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98404
  • Street: 38th
  • Street Number: 1509
  • Street Suffix: Street
  • Longitude: W123° 35' 28.7''
  • Latitude: N47° 13' 24.1''
  • Directions: Corner of 38th and Portland Ave. Private drive entrance off Portland. Left into parking lot.
  • Mls Area Major: 55 - Southeast Tacoma
  • Street Dir Prefix: E
Neighborhood
  • Elementary School: Blix Elem
  • High School: Lincoln High
  • High School District: Tacoma
  • Middle School: First Creek Mid
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2023-10-13
  • Number Of Units Total: 4
  • Lot Features: Dead End Street, Paved, Curbs, Sidewalk, Alley
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 7140
Listing Information
  • List Agent Mls Id: 41246
  • List Office Mls Id: 198
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Sold
  • Modification Timestamp: 2024-09-05T12:47:49Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-02-26T19:39:34Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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