818 108th Street S, Tacoma, WA 98444
- $516,500
- 1,645
- SqFt
Listing courtesy of QBM Realty & Property Mgmt LLC. Selling Office: KW Greater Seattle.
- Sold Price
- $516,500
- List Price
- $519,900
- Status
- SOLD
- MLS#
- 2321910
- Closing Date
- Mar 06, 2025
- Days on Market
- 10
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,645
- Area Total SqFt
- 1645
- Annual Tax Ammount
- 5172
- Lot Size (sq ft)
- 10,282
- Sewer
- Sewer Connected
Property Description
Attention investors and house hackers - an incredible single-story duplex opportunity awaits. Each unit features 2 bedrooms and 1 full bathroom. Parking located on each side along with separate fully fenced backyards. Longer term M2M tenant lives in average unit with newly updated bathroom in 2024. Second vacant unit has been fully updated with new soft close cabinets, countertops, windows, paint, appliances, waterproof LVP flooring, HVAC wall unit and is ready for a new tenant. Or take advantage of an owner-occupancy opportunity. New exterior paint and new commercial TPO roof installed in 2024. Duplex is centrally located right off of 512, providing quick access to I-5, restaurants, shopping, entertainment, and JBLM!
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Additional Information
- List Date
- 2025-02-24 00:00:00
- Community
- Parkland
- Net Operating Income
- $29,808
- Gross Adjusted Income
- $40,680
- Gross Scheduled Income
- $17,880
- Total Monthly Income
- $1,490
- Insurance Expenses
- $2,100
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 29
- Total Expenses
- $10,872
- Cap Rate
- 5.7
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 818
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1921
- Roof
- Flat
- Site Features
- Cable TV, Fenced-Fully, Gas Available, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Franklin Pierce
- Elementary School
- James Sales Elem
- Middle School
- Perry G Keithley Mid
- High School
- Wash High
- Total Monthly Income
- $1,490
- Gross Scheduled Income
- $17,880
- Vacancy Rate
- 5
- Gross Adjusted Income
- $40,680
- Tax Year
- 2024
- Insurance Expense
- $2,100
- W/S/G Expenses
- $3,600
- Total Expenses
- $10,872
- Net Operating Income
- $29,808
- Gross Rent Multiplier
- 29
- Cap Rate
- 5.7
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.