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1201 N 11th Street Tacoma, WA $ 1,299,000
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$ 1,299,000 Get more info
1201 N 11th Street
$ 1,299,000
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Share Save

1201 N 11th Street

Tacoma, WA, 98403
$ 1,299,000
Baths0.0 Sq 5,250

Monthly Estimate*

$ 8,634

Listed by Mosaic Realty
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,299,000. This 5,250 square foot home was built in 1923 on a lot size of 0.0608.

This spectacular North End Tacoma 5-plex is your next investment opportunity! This property has 2 upstairs two-bedroom, one bath units and on the main floor, 3 one-bedroom one bathroom units. One lucky tenant gets a partial bay view (Unit 4). But not to worry, there are endless positives to boast about with a spacious layout that provides a comfortable living space for tenants to enjoy, new roof in 2018, resealed brick exterior in 2019, a shared laundry area in the basement with additional storage space for each unit. Within walking distance to a wide array of restaurants, shopping and entertainment!

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Multi-Family Active

Price

$ 1,299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,676

Style

5-9 Units

Lot Size

0.0608

Year Built

1923

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2200662
Features
General
Interior Features Fir/Softwood Hardwood Laminate Wall to Wall Carpet
Sewer Sewer Connected
Heating Ductless HP-Mini Split Radiator
Cooling Ductless HP-Mini Split None
Possession Closing Tenant's Rights
Roof Flat
Exterior Features Brick
HOA 0
Year Built 1923
View Bay
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 68809
Insurance Expense 3415
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name North Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From n. 21st follow eastbound to N. 11th. Turn rt onto 11th follow to L Street property is at corner of L and 11th.
High School Buyer To Verify
City Tacoma
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 6
NumberOfUnitsTotal 5
MLS Area 21 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 2650
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 11th
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 8676
Electric Expense 0
Fuel Expense 2800
Middle/Junior High School Buyer To Verify
Public Remarks This spectacular North End Tacoma 5-plex is your next investment opportunity! This property has 2 upstairs two-bedroom one bath units and on the main floor 3 one-bedroom one bathroom units. One lucky
Leasable Area 5250
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Water Company TPU
Units Below Grade false
Units In Building Total 5
Zoning Class Multi-Family
Water Sewer Garbage 8274
Property Style 55 - 5-9 Units
Cap Rate 5.3
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Interior
Flooring Softwood Hardwood Laminate Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 5250
Lot Size Acres 0.0608
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Gas Available
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2200662
Street Number 1 1201
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* Excluded Features
List By
David Pichler

Listing Agent

Mosaic Realty

Broker

Affordability Calculator

$9,357
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,634
Monthly Property Taxes
$723
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100453 Elementary School
3100781 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/16/2024$1,299,000 Listed Price

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1201 N 11th Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $1,299,000 with 5,250 sqft and a lot size of 0.0608. 1201 N 11th Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 98403 which is in Tacoma, WA

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