15909 18th Avenue Ct E, Tacoma, WA 98445

$430,000
2,288
SqFt

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Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Theory Real Estate.

Sold Price
$430,000
List Price
$499,950
Status
SOLD
MLS#
2133499
Closing Date
Oct 10, 2023
Days on Market
23
Style
52 - Duplex
Finished SqFt
2,288
Area Total SqFt
2288
Annual Tax Ammount
5839
Internet Provider
Xfinity
Lot Size (sq ft)
25,980
Sewer
Septic Tank

Property Description

Whether you're an experienced renovator or a first-time investor with a vision, this duplex is the ideal project to make your mark in the real estate world! With a little bit of sweat equity and a whole lot of passion, you can transform this property into the envy of the neighborhood. Each unit includes 2 bedrooms + bonus room with half bath on main and full bath upstairs. Huge lot with fenced back yard! Garage space in each unit and plenty of space for additional parking. Tons of opportunity to improve the property and elevate rents. Take advantage of this opportunity!

Additional Information

List Date
2023-09-17 00:00:00
Community
Brookdale
Net Operating Income
$34,541
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Total Monthly Income
$1,825
Insurance Expenses
$1,920
Water/Sewer/Garbage Expenses
$900
Gross Rent Multiplier
11.5
Total Expenses
$8,659
Cap Rate
7
Total Number of Units
2
Unit Name
15909
Potential Terms
Cash Out, Conventional
Year Built
1981
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio, RV Parking
Energy Source
Electric
School District
Bethel
Total Monthly Income
$1,825
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2023
Insurance Expense
$1,920
W/S/G Expenses
$900
Total Expenses
$8,659
Net Operating Income
$34,541
Gross Rent Multiplier
11.5
Cap Rate
7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Calculator source: Real Geeks