234 S 70th Street # 1-5 Tacoma, WA $ 2,260,000
234 S 70th Street # 1-5
$ 2,260,000
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234 S 70th Street # 1-5

Tacoma, WA, 98408
$ 2,260,000
Baths0.0 Sq 5,860

Monthly Estimate*

$ 14,099

Listed by eXp Realty
234 S 70th Street # 1-5, Tacoma, WA 98408 - Image 1
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234 S 70th Street # 1-5, Tacoma, WA 98408 - Image 9
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234 S 70th Street # 1-5, Tacoma, WA 98408 - Image 14
Studio

Multi-Family Home for sale in Tacoma, WA

for $2,260,000. This 5,860 square foot home was built in 2022 on a lot size of 0.1493.

Assumable loan of 4.4% four years left on a 7 year commercial loan, 9 years left on tax exemption for this turn Key fiveplex with great cash flow makes an attractive investment. Town house style, with two covered parking spaces for each unit. Each townhome is three stories with two primary bedrooms, full baths plus another half bath, open concept kitchen/ family rooms with powder room for guests. Short distance to Wapato Park and stores. No maintenance, NO HOA building makes this property a great long term rental. You won’t regret this.

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Multi-Family Active

Price

$ 2,260,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,648

Style

5-9 Units

Lot Size

0.1493

Year Built

2022

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2418718

Features
General
Living Area 0
Sewer Available
Heating Baseboard
Cooling Ductless Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2022
View City
Unit Number 1-5
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 127780
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Se Tacoma
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions From Pacific Ave head west on S 70th St. Building on left.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial
Open Parking Spaces 0
Number Of Units Total 5
MLS Area 60 - Southeast Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6505
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Out Conventional VA Loan
Tax Annual Amount 2648
Electric Expense 0
Fuel Expense 0
Public Remarks Assumable loan of 4.4% four years left on a 7 year commercial loan 9 years left on tax exemption for this turn Key fiveplex with great cash flow makes an attractive investment. Town house style with
Leasable Area 5860
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma
Units Below Grade false
Units In Building Total 5
Water Sewer Garbage 12000
Property Style 55 - 5-9 Units
Cap Rate 5.4
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 5
Foundation Details Block
Building Area Total 5860
Lot Size Acres 0.1493
Waterfront Y/N N
Covered Spaces 5
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring See Remarks Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2418718
Street Number 1 234
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* Excluded Features
List By
Mandana Afrassiabi

Listing Agent

Exp Realty

Broker

Affordability Calculator

$14,320
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,099
Monthly Property Taxes
$221
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
Pricing History
DatePricePrice ChangeDescription
10/17/2025$2,260,000 -2.59% Price Down
8/27/2025$2,320,000 -1.28% Price Down
8/9/2025$2,350,000 Listed Price

Map


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234 S 70th Street # 1-5, Tacoma, WA, 98408 is a Multi-Family Home for sale at $2,260,000 with 5,860 sqft and a lot size of 0.1493. 234 S 70th Street # 1-5 is a studio with 0.0 baths and was built in 2022. The property's zip code is 98408 which is in Tacoma, WA