Tacoma, WA 98405,1311 S 9th Street
Listed by Kidder Mathews
Bought with John L. Scott, Inc.
$1,365,000
$1,450,000
5.9%
Est.Price: ?

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9,750 Sqft Lot

1311 S 9th Street Tacoma, WA 98405

Est. payment /mo
SOLD DATE : 12/06/2019

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Key Details

Sold Price $1,365,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Hilltop

MLS Listing ID 1479355

Sold Date 12/06/19

Style 55 - 5-9 Units

Year Built 1909

Annual Tax Amount $8,695

Lot Size 9,750 Sqft

Property Description

THE TACOMA 9-UNIT PROVIDES an investor a heavy
value add opportunity, with room for renovations
in all units and large potential rent increases.
PROPERTY CONSISTS of six 1x1's and three 3x1's.
Rents in the 1-bedroom average $824 with market
rents pushing $1,050. Large proven upside in the
3-bedroom units, rents average $1,430 with most
recent unit leasing for $1,690 without renovations.

Location

State WA

County Pierce

Area 28 - Central Tacoma

Interior

Interior Features Forced Air, Hardwood

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Wood Products

Utilities Available Sewer Connected, Electric

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Tacoma

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Northwest MLS (NWMLS)

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agent

Michele Caskey

Agent | License ID: WA#122875 NM#REC20220256

+1(575) 937-3663

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