720 108th Street S Tacoma, WA $ 699,999
720 108th Street S
$ 699,999
Share Save

720 108th Street S

Tacoma, WA, 98444
$ 699,999
Baths0.0 Sq 2,101

Monthly Estimate*

$ 4,890

Listed by Icon Group
720 108th Street S, Tacoma, WA 98444 - Image 1
720 108th Street S, Tacoma, WA 98444 - Image 2
720 108th Street S, Tacoma, WA 98444 - Image 3
720 108th Street S, Tacoma, WA 98444 - Image 4
720 108th Street S, Tacoma, WA 98444 - Image 5
720 108th Street S, Tacoma, WA 98444 - Image 6
720 108th Street S, Tacoma, WA 98444 - Image 7
720 108th Street S, Tacoma, WA 98444 - Image 8
720 108th Street S, Tacoma, WA 98444 - Image 9
720 108th Street S, Tacoma, WA 98444 - Image 10
720 108th Street S, Tacoma, WA 98444 - Image 11
720 108th Street S, Tacoma, WA 98444 - Image 12
720 108th Street S, Tacoma, WA 98444 - Image 13
Studio

Multi-Family Home for sale in Tacoma, WA

for $699,999. This 2,101 square foot home was built in 1965 on a lot size of 0.2066.

Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.

See more

Multi-Family Pending

Price

$ 699,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,778

Style

5-9 Units

Lot Size

0.2066

Year Built

1965

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2207841

Features
General
Interior Features Laminate Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling Forced Air
Possession Closing
Roof Built-Up Flat
Exterior Features Wood Wood Products
HOA 0
Security Features FullyFenced
Year Built 1965
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 34695
Insurance Expense 3704
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Tacoma
Possible Use Commercial Multi-Family Residential
Special Listing Conditions None
Status Pending Feasibility
Directions GPS friendly
High School Buyer To Verify
City Tacoma
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Franklin Pierce
Open Parking Spaces 6
Total Units 5
MLS Area 63 - Parkland
Lot Size Square Feet 9000
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 108th
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 5778
Electric Expense 2193
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5
Leasable Area 2076
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Water Company TPU
Units Below Grade false
Units In Building Total 5
Zoning Class Commercial Multi-Family Residential
Water Sewer Garbage 7413
Property Style 55 - 5-9 Units
Cap Rate 6.3
See more
Interior
Flooring Laminate Carpet
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric
See more
Exterior
Lot Features Dead End Street Paved
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2101
Lot Size Acres 0.2066
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Spaces 6
See more
Internal Only
OriginalMLSID NWM2207841
Street Number 1 720
See more
* Excluded Features
List By
Mataya Davis

Listing Agent

Icon Group

Broker

Affordability Calculator

$5,371
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,890
Monthly Property Taxes
$482
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100539 Elementary School
3100737 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2024$699,999 Listed Price

Map


See all

720 108th Street S, Tacoma, WA, 98444 is a Multi-Family Home for sale at $699,999 with 2,101 sqft and a lot size of 0.2066. 720 108th Street S is a studio with 0.0 baths and was built in 1965. The property's zip code is 98444 which is in Tacoma, WA