617 -619 140th Street S, Tacoma, WA 98444
- $999,950
- 3,992
- SqFt
Listing courtesy of Theory Real Estate. Selling Office: John L. Scott, Inc.
- Sold Price
- $999,950
- List Price
- $999,950
- Status
- SOLD
- MLS#
- 2406259
- Closing Date
- Oct 07, 2025
- Days on Market
- 18
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,992
- Area Total SqFt
- 3992
- Annual Tax Ammount
- 10907
- Lot Size (sq ft)
- 21,629
- Sewer
- Sewer Connected
Property Description
CALLING ALL INVESTORS! Don’t miss this incredible opportunity for a rare 6 plex to hit the market that has all conforming one level 2 bed 1 bath units AND attached 1 car garage for each unit! Large lot provides ample space for additional off street parking and there are 2 large grass areas to play, BBQ, hang out, etc! Many updates throughout that include fresh paint, kitchens, bathrooms, and grounds! Coin op laundry building on site for tenants and provides additional income! This property is conveniently located near PLU, freeway access, shopping, food, entertainment, and more! Hurry! Not many opportunities are available like this one so don’t let this slip away!
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Additional Information
- List Date
- 2025-09-19 00:00:00
- Community
- Parkland
- Net Operating Income
- $52,633
- Gross Adjusted Income
- $82,980
- Gross Scheduled Income
- $82,980
- Total Monthly Income
- $6,815
- Insurance Expenses
- $6,000
- Water/Sewer/Garbage Expenses
- $7,440
- Gross Rent Multiplier
- 12.05
- Total Expenses
- $30,347
- Cap Rate
- 5.26
- Total Number of Units
- 6
- Unit Name
- 617 -619
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1955
- Roof
- Composition
- Site Features
- Fenced-Partially, RV Parking
- Other Expenses
- 6000
- Energy Source
- Electric, Natural Gas
- School District
- Franklin Pierce
- Total Monthly Income
- $6,815
- Gross Scheduled Income
- $82,980
- Gross Adjusted Income
- $82,980
- Tax Year
- 2025
- Insurance Expense
- $6,000
- W/S/G Expenses
- $7,440
- Total Expenses
- $30,347
- Net Operating Income
- $52,633
- Gross Rent Multiplier
- 12.05
- Cap Rate
- 5.26
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.