302 N J Street, Tacoma, WA 98403
- $450,000
- 2,682
- SqFt
Listing courtesy of Everstar Realty. Selling Office: Heaton Dainard, LLC.
- Sold Price
- $450,000
- List Price
- $650,000
- Status
- SOLD
- MLS#
- 2340256
- Closing Date
- Jun 27, 2025
- Days on Market
- 68
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,682
- Area Total SqFt
- 2682
- Annual Tax Ammount
- 8043.17
- Lot Size (sq ft)
- 4,875
- Sewer
- Sewer Connected
Property Description
Invest in this prime North Tacoma triplex on a 4,875 sqft corner lot with 2,682 sqft of living space including a studio, a 1-bedroom unit, & a 2-bedroom unit. It also features a new roof in 2024, single-car garage, off-street parking spot, coin-op laundry, unfinished basement for extra storage, plus a spacious attic with potential for conversion. The Victorian-style surrounded by well-manicured landscaping boosts curb appeal. This property offers great potential for investors or owner-occupiers to add value through renovations or convert it back to a 5-bed SFH. Located close to transit, dining, schools, & parks, it is sure to deliver strong rental income & healthy appreciation. Home next door also for sale. Don’t miss this rare opportunity!
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Additional Information
- List Date
- 2025-04-20 00:00:00
- Community
- North Tacoma
- Net Operating Income
- $37,073
- Gross Adjusted Income
- $48,200
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $3,800
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 12.89
- Total Expenses
- $14,727
- Cap Rate
- 5.7
- Vacancy Rate
- 33
- Total Number of Units
- 3
- Unit Name
- 302
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1900
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, Patio
- Electric Expenses
- 3600
- Other Expenses
- 84
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $50,400
- Vacancy Rate
- 33
- Gross Adjusted Income
- $48,200
- Tax Year
- 2025
- Insurance Expense
- $1,800
- W/S/G Expenses
- $1,200
- Total Expenses
- $14,727
- Net Operating Income
- $37,073
- Gross Rent Multiplier
- 12.89
- 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.