1438 E 31 Street, Tacoma, WA 98404
- $970,000
- 3,068
- SqFt
Listing Broker: Skyline Properties, Inc.; Anthony L wells; ; Selling Office: Skyline Properties, Inc..
- Sold Price
- $970,000
- List Price
- $1,060,000
- Status
- SOLD
- MLS#
- 2263055
- Closing Date
- Sep 03, 2025
- Days on Market
- 306
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,068
- Area Total SqFt
- 3068
- Annual Tax Ammount
- 1200
- Internet Provider
- COMCAST
- Lot Size (sq ft)
- 3,250
- Sewer
- Sewer Connected
Property Description
Brand new 2024 4plex! 2 detached duplexes on the same lot. Both buildings are identical. Units A1 & A2 are 1 bedroom, 1 bath, bottom floor units. These units feature Quartz countertops, LVP flooring throughout, air conditioning, SS Appliances, washer & dryer in units. Units A2 and B2 are two story 2 bed 2 bath units, featuring quartz countertops in kitchen and baths, SS Appliances, carpet on the stairs for quiet entry, LVP flooring in the living space throughout, as well as A/C and mountain views. HUGE FINANCIAL BONUS! These units are in the 7-year tax exempt opportunity zone, only pay taxes on the land, not the improvements! This is a great opportunity buy as an owner-occupied investment. IMMEDIATE CASH FLOW & zero deferred maintenance.
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Additional Information
- List Date
- 2024-11-01 00:00:00
- Community
- East Tacoma
- Net Operating Income
- $82,064
- Gross Adjusted Income
- $86,072
- Gross Scheduled Income
- $90,080
- Total Monthly Income
- $6,840
- Insurance Expenses
- $2,808
- Total Expenses
- $4,008
- Total Number of Units
- 4
- Unit Name
- 1438
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 2024
- View
- Mountain(s)
- Roof
- Flat
- Site Features
- Cable TV
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $6,840
- Gross Scheduled Income
- $90,080
- Gross Adjusted Income
- $86,072
- Tax Year
- 2023
- Insurance Expense
- $2,808
- Total Expenses
- $4,008
- Net Operating Income
- $82,064
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.