1412 N Adams Street, Tacoma, WA 98406
- $869,000
- 3,855
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: Sea to Sky Realty.
- Sold Price
- $869,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2374639
- Closing Date
- Aug 21, 2025
- Days on Market
- 66
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,855
- Area Total SqFt
- 3855
- Annual Tax Ammount
- 7985
- Lot Size (sq ft)
- 6,037
- Sewer
- Sewer Connected
Property Description
Asking price slashed—Seller desperate to complete tax-deferred exchange! Fully leased (plus waiting list) to May 31, 2026 (end of UPS academic year) at $7145/month--7.3 CAP rate! House has 8 bedrooms, 3 kitchens, 3 baths & 2 laundry rooms. Entrances on all 3 floors. 616 SF 1-Bdrm/1-bath ADU has w/d provided.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-06-16 00:00:00
- Community
- Ups
- Net Operating Income
- $67,663
- Gross Adjusted Income
- $84,883
- Gross Scheduled Income
- $85,740
- Total Monthly Income
- $7,145
- Insurance Expenses
- $2,887
- Water/Sewer/Garbage Expenses
- $5,135
- Gross Rent Multiplier
- 10.5
- Total Expenses
- $17,220
- Cap Rate
- 7.52
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 1412
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1905
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Jefferson
- Middle School
- Mason
- High School
- Stadium
- Total Monthly Income
- $7,145
- Gross Scheduled Income
- $85,740
- Vacancy Rate
- 1
- Gross Adjusted Income
- $84,883
- Tax Year
- 2025
- Insurance Expense
- $2,887
- W/S/G Expenses
- $5,135
- Total Expenses
- $17,220
- Net Operating Income
- $67,663
- Gross Rent Multiplier
- 10.5
- Cap Rate
- 7.52
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.