1619 E 32nd St, Tacoma, WA 98404

$1,200,000
2,654
SqFt

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Listing courtesy of Engel & Voelkers Chambers Bay. Selling Office: Engel & Voelkers Chambers Bay.

Sold Price
$1,200,000
List Price
$1,200,000
Status
SOLD
MLS#
2389816
Closing Date
Jun 06, 2025
Days on Market
0
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
2,654
Area Total SqFt
2654
Lot Size (sq ft)
3,250
Sewer
Sewer Connected

Property Description

Off Market Sale. New Construction 6 unit gate community with $7850/mth in rental income, as 12 year tax abatement at "land only" and a proven low-maintenance interior and sit design, Income is maximized AND turn-over is simple on these incredibly 1 bdrm/1bth units offering a full sized kitchen w/upgraded stainless appliances, a good sized bedroom w/ a large closet space, a living room, and a full size in unit washer & dryer. Each unit is designed to share only one floor/ceiling assembly for quieter units, to maximize privacy, and to provide the feel of a stand alone home. Each unit has a ductless mini-split heat pump for AC and heat.

Additional Information

List Date
2025-06-06 00:00:00
Community
Indian Addition
Gross Adjusted Income
$94,200
Cap Rate
7.1
Unit Name
1619
Year Built
2024
Roof
Composition
Site Features
Fenced-Fully, Patio
Energy Source
Electric
School District
Tacoma
Gross Adjusted Income
$94,200
Cap Rate
7.1
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.
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