5435 S M Street, Tacoma, WA 98408
- $938,000
- 7,875
- SqFt
Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Commencement Bay Brokers LLC.
- Sold Price
- $938,000
- List Price
- $1,095,000
- Status
- SOLD
- MLS#
- 2335804
- Closing Date
- Sep 25, 2025
- Days on Market
- 125
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 7,875
- Area Total SqFt
- 7875
- Annual Tax Ammount
- 6000
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 6,375
- Sewer
- Sewer Connected
Property Description
Undeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upstairs and mainfloor has 90% office and one additional apartment is on main floor for ADA or special needs. included in building sale are (2) 1-car garage spaces off the alleyway and a lease with T-Mobile for a cell tower as well. Multiple streams of income and opportunities with this one. Partially upgraded in the office area, and updated apartments throughout the years this building is virtually turn key and ready to occupy.
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Additional Information
- List Date
- 2025-05-23 00:00:00
- Community
- South Tacoma
- Net Operating Income
- $89,200
- Gross Adjusted Income
- $124,200
- Gross Scheduled Income
- $124,200
- Total Monthly Income
- $10,350
- Insurance Expenses
- $5,000
- Total Expenses
- $35,000
- Cap Rate
- 7.6
- Total Number of Units
- 6
- Unit Name
- 5435
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1946
- View
- Territorial
- Roof
- Torch Down
- Site Features
- Cable TV, Gas Available
- Other Expenses
- 12000
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $10,350
- Gross Scheduled Income
- $124,200
- Gross Adjusted Income
- $124,200
- Tax Year
- 2025
- Insurance Expense
- $5,000
- Total Expenses
- $35,000
- Net Operating Income
- $89,200
- Cap Rate
- 7.6
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