3421 N 8th Street, Tacoma, WA 98406
- $694,000
- 2,372
- SqFt
Listing courtesy of Coldwell Banker Bain. Selling Office: Coldwell Banker Bain.
- Sold Price
- $694,000
- List Price
- $699,000
- Status
- SOLD
- MLS#
- 2450759
- Closing Date
- Mar 30, 2026
- Days on Market
- 120
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 2,372
- Area Total SqFt
- 2372
- Annual Tax Ammount
- 5799
- Lot Size (sq ft)
- 3,000
- Sewer
- Sewer Connected
Property Description
Investor alert in the heart of North Tacoma! This 7-bedroom, 3-bath (1 full, 1 ¾, 1 ½) home offers 2,372 sq ft of rentable space with a lease secured through May 2027. Sitting on a corner lot just steps from the University of Puget Sound athletic fields, aquatics center, and fieldhouse. This location is unbeatable for consistent rental demand with no vacancies in 17+ years. Enjoy a newer roof (2025), a main-floor deck, and easy access to UPS, 6th Ave dining, shopping, and all that North Tacoma has to offer. A prime, turnkey investment opportunity in one of Tacoma’s most sought-after areas.
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Additional Information
- List Date
- 2025-11-30 00:00:00
- Community
- Ups
- Net Operating Income
- $43,608
- Gross Adjusted Income
- $50,400
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $4,200
- Insurance Expenses
- $992
- Gross Rent Multiplier
- 15.38
- Total Expenses
- $6,791
- Cap Rate
- 5.62
- Total Number of Units
- 7
- Unit Name
- 3421
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Year Built
- 1940
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, High Speed Internet, Patio, Sprinkler System
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Grant
- Middle School
- Mason
- High School
- Stadium
- Total Monthly Income
- $4,200
- Gross Scheduled Income
- $50,400
- Gross Adjusted Income
- $50,400
- Tax Year
- 2025
- Insurance Expense
- $992
- Total Expenses
- $6,791
- Net Operating Income
- $43,608
- Gross Rent Multiplier
- 15.38
- Cap Rate
- 5.62
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.