3103 S 54th Street, Tacoma, WA 98409
- $695,000
- 3,366
- SqFt
Listing courtesy of Skyline Properties, Inc.. Selling Office: eXp Realty.
- Sold Price
- $695,000
- List Price
- $688,000
- Status
- SOLD
- MLS#
- 2354862
- Closing Date
- Nov 10, 2025
- Days on Market
- 168
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,366
- Area Total SqFt
- 3366
- Annual Tax Ammount
- 6366
- Lot Size (sq ft)
- 3,000
- Sewer
- Sewer Connected
Property Description
Don’t miss out on a rare opportunity to walk into CASH FLOW FROM DAY 1!!! This well-maintained triplex has a great unit mix with loads of opportunity for a savvy investor! Upstairs unit is a 5 bed/2.25 bath home with open concept floorplan. Downstairs offers a large, fully remodeled 1 bed/1 bath unit w/ bonus room (could be converted to legal 2nd bedroom w/ addition of window in bonus room) & a large studio unit. Vinyl siding, double pane windows, and tastefully updated interiors make this a low maintenance, high upside opportunity! Quick access to the Tacoma Mall, I-5 and Joint Base Lewis-McChord. Priced to sell!
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Additional Information
- List Date
- 2025-05-26 00:00:00
- Community
- South Tacoma
- Net Operating Income
- $50,902
- Gross Adjusted Income
- $72,194
- Gross Scheduled Income
- $73,860
- Total Monthly Income
- $6,155
- Insurance Expenses
- $1,407
- Water/Sewer/Garbage Expenses
- $8,048
- Gross Rent Multiplier
- 10
- Total Expenses
- $21,292
- Cap Rate
- 7.02
- Vacancy Rate
- 2
- Total Number of Units
- 3
- Unit Name
- 3103
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1960
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 5471
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,155
- Gross Scheduled Income
- $73,860
- Vacancy Rate
- 2
- Gross Adjusted Income
- $72,194
- Tax Year
- 2024
- Insurance Expense
- $1,407
- W/S/G Expenses
- $8,048
- Total Expenses
- $21,292
- Net Operating Income
- $50,902
- Gross Rent Multiplier
- 10
- Cap Rate
- 7.02
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.