201 E 36th Street, Tacoma, WA 98404

$705,000
2,400
SqFt

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Listing courtesy of eXp Realty. Selling Office: COMPASS.

Sold Price
$705,000
List Price
$735,000
Status
SOLD
MLS#
2486690
Closing Date
Jun 24, 2026
Days on Market
249
Style
53 - Tri-plex
Finished SqFt
2,400
Area Total SqFt
2400
Annual Tax Ammount
7029
Lot Size (sq ft)
9,025
Sewer
Sewer Connected

Property Description

Outstanding multi-family opportunity in East Tacoma! This well-positioned triplex sits on a spacious corner lot at the entrance of a quiet cul-de-sac with convenient access to I-5, Hwy 7, and major commuter routes, an attractive location for consistent rental demand. Each of the three units offers approximately 800 square feet with 2 bedrooms, 1 full bath, practical layouts, and two dedicated parking spaces per unit. Currently generating $5,095 per month in rental income, the property provides immediate income with additional upside potential as improvements continue.Units have been updated over time, and the roof has been replaced in recent years (per seller). Each unit is separately metered for electricity, supporting simplified utility management. Properties offering income in place, flexible occupancy options, and value-add potential are limited. A versatile opportunity in a convenient Tacoma location.

Additional Information

List Date
2025-10-18 00:00:00
Community
East Tacoma
Net Operating Income
$46,614
Gross Adjusted Income
$59,306
Gross Scheduled Income
$61,140
Total Monthly Income
$5,095
Insurance Expenses
$1,105
Water/Sewer/Garbage Expenses
$4,558
Total Expenses
$12,692
Cap Rate
6.23
Vacancy Rate
3
Total Number of Units
3
Unit Name
201
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1985
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$5,095
Gross Scheduled Income
$61,140
Vacancy Rate
3
Gross Adjusted Income
$59,306
Tax Year
2025
Insurance Expense
$1,105
W/S/G Expenses
$4,558
Total Expenses
$12,692
Net Operating Income
$46,614
Cap Rate
6.23
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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