604 98th Street S, Tacoma, WA 98444
- $790,000
- 3,419
- SqFt
Listing courtesy of Operation Red Dot. Selling Office: Premier Real Estate Partners.
- Sold Price
- $790,000
- List Price
- $780,000
- Status
- SOLD
- MLS#
- 2440036
- Closing Date
- Dec 11, 2025
- Days on Market
- 11
- Style
- 54 - 4-Plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,419
- Area Total SqFt
- 3419
- Annual Tax Ammount
- 8086
- Internet Provider
- Quantum Fiber
- Lot Size (sq ft)
- 38,768
- Sewer
- Sewer Connected
Property Description
Rare find: a large Tacoma property outside city jurisdiction with flexible living and income. Enjoy a renovated 2BD/2BA single-family home with oversized yard, new 8ft x 8ft hot tub, private 2-car carport, and full RING security (interior & exterior). Behind it, a detached triplex offers three updated units with a 6-car gravel lot. Big-ticket updates: new roof and complete electrical in 2019, plus fresh cosmetic touches. NO HOA. On a sprawling 0.89-acre parcel with room to explore a DADU or additional unit. Small pond on back corner of property. Quiet, tucked-away street yet close to everything. VA assumable at 5.125%. Live in the house and let tenants help pay the mortgage! 2GB Fiber Internet on Property!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-11-30 00:00:00
- Community
- Fern Hill
- Net Operating Income
- $41,921
- Gross Adjusted Income
- $60,000
- Gross Scheduled Income
- $57,900
- Total Monthly Income
- $7,550
- Insurance Expenses
- $1,652
- Water/Sewer/Garbage Expenses
- $4,440
- Gross Rent Multiplier
- 13
- Total Expenses
- $15,978
- Cap Rate
- 5.37
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 604
- Potential Terms
- Assumable, Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1942
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, RV Parking
- Electric Expenses
- 1800
- Energy Source
- Electric, Wood
- School District
- Franklin Pierce
- Elementary School
- James Sales Elem
- Middle School
- Perry G Keithley Mid
- High School
- Wash High
- Total Monthly Income
- $7,550
- Gross Scheduled Income
- $57,900
- Vacancy Rate
- 3
- Gross Adjusted Income
- $60,000
- Tax Year
- 2025
- Insurance Expense
- $1,652
- W/S/G Expenses
- $4,440
- Total Expenses
- $15,978
- Net Operating Income
- $41,921
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.37
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.