1321 S 13th Street, Tacoma, WA 98405

$480,000
4,079
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of eXp Realty. Selling Office: Theory Real Estate.

Sold Price
$480,000
List Price
$500,000
Status
SOLD
MLS#
2329066
Closing Date
May 22, 2025
Days on Market
51
Style
52 - Duplex
Finished SqFt
4,079
Area Total SqFt
4079
Annual Tax Ammount
6026
Lot Size (sq ft)
3,250
Sewer
Available

Property Description

Attention Investors! Tacoma zoning UR3. Multi family on 3250 sqft lot in Central Tacoma. Tenants moved out. This one is ready to become a solid income producer. Upstairs unit is 2BD, 1BA, renovated and ready to rent/live in. New water heater, subflooring, cleaned and painted. Main floor unit is 3BD, 1BA vacant and ready for renovation. All junk has been removed. Unfinished basement has over 1400 sqft and can be turned into an additional 3-4 BD, 1BA. Both units include a stove, fridge, washer/dryer. Corner lot, convenient Central Tacoma location. Sellers are motivated! Buyer to verify.

Additional Information

List Date
2025-04-01 00:00:00
Community
Central Tacoma
Net Operating Income
$23,362
Gross Adjusted Income
$31,200
Gross Scheduled Income
$31,200
Total Monthly Income
$2,600
Insurance Expenses
$1,812
Water/Sewer/Garbage Expenses
$3,126
Gross Rent Multiplier
16.02
Total Expenses
$12,453
Cap Rate
4.6
Vacancy Rate
5
Total Number of Units
3
Unit Name
1321
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1927
Roof
Flat
Site Features
Fenced-Partially
Electric Expenses
769
Other Expenses
720
Energy Source
Electric
School District
Tacoma
Elementary School
Stanley
Middle School
Hilltop Heritage Middle
High School
Stadium
Total Monthly Income
$2,600
Gross Scheduled Income
$31,200
Vacancy Rate
5
Gross Adjusted Income
$31,200
Tax Year
2024
Insurance Expense
$1,812
W/S/G Expenses
$3,126
Total Expenses
$12,453
Net Operating Income
$23,362
Gross Rent Multiplier
16.02
Cap Rate
4.6
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks