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720 108th Street S Tacoma, WA $ 699,999
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$ 699,999 Get more info
720 108th Street S
$ 699,999
Back to search
Share Save

720 108th Street S

Tacoma, WA, 98444
$ 699,999
Baths0.0

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

Commercial Property for sale in Tacoma, WA

for $699,999. This building 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. Four units come with 1 bedroom, 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extra square footage to match! 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. 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.

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Commercial Pending

Price

$ 699,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,778

Style

Business Opp.

Lot Size

0.2066

Year Built

1965

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2207856
Features
General
Interior Features Wall to Wall Carpet Laminate
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling Forced Air
Possession Closing
Roof Built-Up Flat
Exterior Features Wood Wood Products
HOA 0
Year Built 1965
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Pierce
Net Operating Income 34695
Insurance Expense 3704
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Tacoma
Possible Use Commercial Multi-Family Residential
Special Listing Conditions None
Status Pending
Directions GPS friendly
City Tacoma
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area 63 - Parkland
Lot Size Square Feet 9000
Carport Y/N N
Street Name 108th
Listing Terms Cash Out Conventional
Tax Annual Amount 5778
Electric Expense 2193
Public Remarks Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Four units come with 1 bedroom 1 bathroom kitchen & living space. The fifth unit has a second bedroom and extr
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Pending
Water Company TPU
Total Actual Rent 4585
Zoning Class Commercial Multi-Family Residential
Water Sewer Garbage 7413
Property Style 62 - Business Opp.
Cap Rate 6
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Interior
Flooring Laminate Carpet
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
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Exterior
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.2066
Lot Size Units Square Feet
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 8
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Internal Only
OriginalMLSID NWM2207856
Street Number 1 720
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* 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.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2024$699,999 Listed Price

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720 108th Street S, Tacoma, WA, 98444 is a Commercial Property for sale at $699,999 with 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

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