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315 N L Street Tacoma, WA $ 1,499,950
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$ 1,499,950 Get more info
315 N L Street
$ 1,499,950
Back to search
Share Save

315 N L Street

Tacoma, WA, 98403
$ 1,499,950
Baths0.0 Sq 4,992

Monthly Estimate*

$ 10,478

Listed by COMPASS
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,499,950. This 4,992 square foot home was built in 1910 on a lot size of 0.1492.

A remarkable Four-plex opportunity featuring two 3-bed, 1-bath units & two 1-bed, 1-bath units, each adorned with covered porches, gas forced air heat, hardwood, fir floors & original charming built-ins. Two units boast updated kitchens with stainless appliances and newer cabinetry. Recent system upgrades encompass a new water supply line, all new supply plumbing, a new sewer line, and 2 new 80-gallon water heaters. Additionally, the property includes a 5-bay garage off the alley, a fully fenced back yard, and an unfinished basement with shared laundry, open storage, and 4 individual storage units. Significant upside potential by renting the garages. Conveniently located for easy access to new light rail, Wright Park, and the medical center

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Multi-Family Active

Price

$ 1,499,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,178

Style

4-Plex

Lot Size

0.1492

Year Built

1910

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2198854
Features
General
Interior Features Ceramic Tile Fir/Softwood Hardwood
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Tenant's Rights
Roof Composition Metal
Exterior Features Wood
HOA 0
Security Features FullyFenced
Year Built 1910
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 75120
Insurance Expense 3147
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Stadium District
Special Listing Conditions None
Status Active
Directions Division to N L St. NW on N L. Building is on the right
City Tacoma
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 0
Total Units 4
MLS Area 20 - North Tacoma
Lot Size Square Feet 6500
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name L
Listing Terms Cash Out Conventional FHA
Tax Annual Amount 9178
Electric Expense 1920
Fuel Expense 2701
Public Remarks A remarkable Four-plex opportunity featuring two 3-bed 1-bath units & two 1-bed 1-bath units each adorned with covered porches gas forced air heat hardwood fir floors & original charming built-ins. T
Leasable Area 4008
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 4968
Property Style 54 - 4-Plex
Cap Rate 5
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Interior
Flooring Ceramic Tile Softwood Hardwood Vinyl
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 4992
Lot Size Acres 0.1492
Lot Size Units Square Feet
Covered Spaces 5
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available High Speed Internet
Parking Uncovered Spaces 0
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Internal Only
OriginalMLSID NWM2198854
Street Number 1 315
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* Excluded Features
List By
Patrick Buckley

Listing Agent

Compass

Broker

Affordability Calculator

$11,242
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$765
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/10/2024$1,499,950 Listed Price

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315 N L Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $1,499,950 with 4,992 sqft and a lot size of 0.1492. 315 N L Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 98403 which is in Tacoma, WA

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