917 A-D 75th ST E, Tacoma, WA 98404
917 A-D 75th ST E, Tacoma, WA 98404
917 A-D 75th ST E, Tacoma, WA 98404
917 A-D 75th ST E, Tacoma, WA 98404
917 A-D 75th ST E, Tacoma, WA 98404
917 A-D 75th ST E, Tacoma, WA 98404
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Christina Ludeman

Christina Ludeman

+1(253) 906-1982
Listed by:Keller Williams Rty Tacoma • Brian Thayer
$ 875,000
Est. payment | /mo

8 Beds

4 Baths

3,328 SqFt

Save
$ 875,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,328 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $262

Subdivision Parkland

MLS Listing ID 2571607

Style 54 - 4-Plex

Bedrooms 8

Year Built 1983

Annual Tax Amount $9,393

Lot Size 0.290 Acres

Property Sub-Type Multi Family

Property Description

Looking to expand your Tacoma multifamily portfolio or make your first investment? This fourplex offers a strong value-add opportunity with several major improvements already completed or underway. The exterior has been freshly painted, two units have been fully renovated, and two additional units have received bathroom updates. The crawl space has also been improved with a new vapor barrier and insulation, and a new roof is scheduled for installation. Additional upside remains in the two units that have not yet been fully renovated, along with the opportunity to bring rents closer to current market levels. With an effective renovation and leasing strategy, the property offers the potential to improve cash flow, target approximately a 6% return, and build long-term equity through increased income and property value. A solid opportunity for an investor looking to improve an existing asset, increase rents and unlock additional value in the Tacoma market.

Location

State WA

County Pierce

Area 64 - Parkland/Midland

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Deck, Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Available

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Christina Ludeman
Christina Ludeman

Broker Associate License ID: 115583

+1(253) 906-1982 | christinaludeman@hawkinspoe.com

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917 A-D 75th ST E