15302-15304 9th Avenue East
Tacoma, WA 98445
$1,200,000
Price
4
Beds
4
Baths
2,426 Sq. Ft.
$495 / Sq. Ft.
2,426
Sq. Ft.
$495
per Sq. Ft.
Listing provided courtesy of Better Properties Real Estate
Description
Possible owner financing with interest only payment option available. This property offers an ideal income generating opportunity w/5.18% cap rate. All new kitchen cabinets w/soft close. New quartz counters, new stainless steel appliances, some new bathroom vanities, new flooring thru-out, new paint, new plumbing. Situated on a tranquil dead-end street. Each units 2 bedroom w/Den or use as 3rd bedroom. 2 Full baths and an attached 2 car garage which is over sized. One story ensuring ease of upkeep...Possible owner financing with interest only payment option available. This property offers an ideal income generating opportunity w/5.18% cap rate. All new kitchen cabinets w/soft close. New quartz counters, new stainless steel appliances, some new bathroom vanities, new flooring thru-out, new paint, new plumbing. Situated on a tranquil dead-end street. Each units 2 bedroom w/Den or use as 3rd bedroom. 2 Full baths and an attached 2 car garage which is over sized. One story ensuring ease of upkeep & consistent rental income. Close to all amenities, schools parks and stores.
- Listed by Robert Lussier • Better Properties Real Estate
Property Details for 15302-15304 9th Avenue East
Community Name
Parkland
School DistrictBethel
Number of Assigned Spaces8
Total Covered Parking4
Entry Date09-20-2024
Energy SourceElectric
SewerSeptic Tank
LISTING UPDATED: 11/13/2024 12:07 PM
Property Details for 15302-15304 9th Avenue East
| Status | Active |
|---|---|
| MLS # | 2293638 |
| Days on Market | 167 |
| Cumulative Days on Market | 167 |
| Taxes | $6,812 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1991 |
| Lot Size | 0.48 AC / 20,865 SF |
| County | Pierce County |
Building Information for 15302-15304 9th Avenue East
Stories1Residences2Year Built1991Building Size-Lot Size0.48 AC / 20,865 SF
Property Information for 15302-15304 9th Avenue East
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Fenced-Partially, Outbuildings, RV Parking
- Area: 68 - Parkland
- Effective Year Built Source: Public Records
- Directions: From Pacific Ave, Turn East on Military Rd. E. (becomes 152nd), Turn right onto 9th Ave. E.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 4.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 4
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl Plank
- Amenities: Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water/Sewer/Garbage: 0
- Power Company: Elmhurst
- Water Company: Spanaway wATER
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Public Record
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1999
- Photos Count: 26
Lot Information
- Lot Details: Dead End Street, Paved
- Lot Size Source: Public Record
- Parcel Number Free Text: 0319227069
- Building Condition: Good
- Calculated Square Footage: 2426
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2426.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 9729
- Gross Adjusted Income: 72000
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $72,000
- Insurance Expense: $1,117
- Net Operating Income: $62,271
- Other Expenses: $1,800
- Total Monthly Income: 6000
- Fuel Expense: $0
Unit 1
- Name Unit 1: 15302
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1213
- Rent Unit 1: $3,000.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 15304
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1213
- Rent Unit 2: $3,000.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2426.0
- Leasable Area Units: Square Feet
Property History for 15302-15304 9th Avenue East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 15302-15304 9th Avenue East
This home is within Bethel School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Chester H Thompson Elementary School PublicK to 5 | ||
Spanaway Junior High School Public6 to 8 | ||
Spanaway Lake High School Public9 to 12 | ||
Acceleration Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Better Properties Real Estate
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
