1121 S 15th Street, Tacoma, WA 98405
- $1,240,000
- 6,786
- SqFt
Listing courtesy of Better Properties Summit. Selling Office: Windermere Abode.
- Sold Price
- $1,240,000
- List Price
- $1,240,000
- Status
- SOLD
- MLS#
- 2364129
- Closing Date
- Jun 13, 2025
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 6,786
- Area Total SqFt
- 6786
- Annual Tax Ammount
- 11248
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,500
- Sewer
- Sewer Connected
Property Description
Fantastic 4-plex investment opportunity in Tacoma! Two duplexes on one parcel. Located 2 blocks away from St. Joe hospital, this property is centrally located near great dining options & easy freeway access. This newly refreshed property offers spacious 3 bed units, huge partially finished basements (great storage or build-out additional 1 bed units) with great ceiling clearance. New siding, windows, paint, updated electrical, and roofs. Units have been updated w/modern, attractive features and colors...tons of millwork, clawfoot tubs, ceiling tiles and open kitchens add to the charm of this storied property. Each unit is furnished with full appliance packages, including washer/dryer. Come and visit this great property today!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-06-08 00:00:00
- Community
- Tacoma
- Net Operating Income
- $79,559
- Gross Adjusted Income
- $101,400
- Gross Scheduled Income
- $101,400
- Total Monthly Income
- $8,450
- Insurance Expenses
- $1,581
- Water/Sewer/Garbage Expenses
- $8,268
- Gross Rent Multiplier
- 12.29
- Total Expenses
- $21,841
- Cap Rate
- 6.41
- Total Number of Units
- 4
- Unit Name
- 1121
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1915
- Roof
- See Remarks
- Electric Expenses
- 744
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $8,450
- Gross Scheduled Income
- $101,400
- Gross Adjusted Income
- $101,400
- Tax Year
- 2024
- Insurance Expense
- $1,581
- W/S/G Expenses
- $8,268
- Total Expenses
- $21,841
- Net Operating Income
- $79,559
- Gross Rent Multiplier
- 12.29
- Cap Rate
- 6.41
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.