3116 3118 N 8th Street, Tacoma, WA 98406
- $710,000
- 2,338
- SqFt
Listing courtesy of Skyline Properties, Inc.. Selling Office: Jason Mitchell Real Estate WA.
- Sold Price
- $710,000
- List Price
- $718,000
- Status
- SOLD
- MLS#
- 2475764
- Closing Date
- Jun 02, 2026
- Days on Market
- 81
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,338
- Area Total SqFt
- 2338
- Annual Tax Ammount
- 7426
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Investors & House-Hackers take note of this excellent three-unit property (duplex plus DADU), just blocks from University of Puget Sound, 6th Avenue and Proctor district! The main floor unit was recently renovated (2025) and offers 2 bedrooms/1 bathroom fresh interior paint, refreshed kitchen with new appliances, new flooring, upgraded bathroom and in-unit W/D. Upstairs unit offers a new furnace, mini-split in kitchen, new stackable W/D and lots of storage and character! Charming detached ADU offers privacy with nicely sized rooms, walk-in closet, gas furnace & in-unit W/D. All units rented by paying tenants. Showings after mutual acceptance, please be respectful and DND the tenants. Get your offer in and add this cash flowing property to your rental portfolio!
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Additional Information
- List Date
- 2026-03-13 00:00:00
- Community
- Ups
- Net Operating Income
- $45,632
- Gross Adjusted Income
- $61,218
- Gross Scheduled Income
- $64,440
- Total Monthly Income
- $5,370
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $4,560
- Gross Rent Multiplier
- 12
- Total Expenses
- $15,586
- Cap Rate
- 6.17
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 3116 3118
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1906
- View
- Mountains, Territorial
- Roof
- Composition, Torch Down
- Site Features
- Deck, Fenced-Fully, Gas Available, Outbuildings
- Other Expenses
- 1800
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Grant
- Middle School
- Hilltop Heritage Middle
- High School
- Stadium
- Total Monthly Income
- $5,370
- Gross Scheduled Income
- $64,440
- Vacancy Rate
- 5
- Gross Adjusted Income
- $61,218
- Tax Year
- 2025
- Insurance Expense
- $1,800
- W/S/G Expenses
- $4,560
- Total Expenses
- $15,586
- Net Operating Income
- $45,632
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.17
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.