1536-1538 South Walters Road

Tacoma, WA 98465

$749,900
Price
2
Beds
2
Baths
1,012 Sq. Ft.
$741 / Sq. Ft.
1,012
Sq. Ft.
$741
per Sq. Ft.

Description

Titlow multifamily! This duplex and detached 3-car garage are located just steps from Titlow Beach. Both units have been updated and each unit has individual sewer lines, gas, water and electric. Opportunities include living in one and rent out the other, rent both as well as three garages or build your dream home with views. Duplex is currently under rented. Both tenants have been notified and are open to staying if the new buyer would like or move as needed. Update rents for short or long term...Titlow multifamily! This duplex and detached 3-car garage are located just steps from Titlow Beach. Both units have been updated and each unit has individual sewer lines, gas, water and electric. Opportunities include living in one and rent out the other, rent both as well as three garages or build your dream home with views. Duplex is currently under rented. Both tenants have been notified and are open to staying if the new buyer would like or move as needed. Update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.
  1. Listed by Rochelle Chorak • Keller Williams Rty Tacoma
  2. Listed by Shelly Crane • Keller Williams Rty Tacoma

Property Details for 1536-1538 South Walters Road

Community Name
Narrows
School District
Tacoma
View
Bay, Partial
Number of Assigned Spaces
6
Total Covered Parking
3
Entry Date
05-30-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:15 PM

Property Details for 1536-1538 South Walters Road

StatusActive
MLS #2244320
Days on Market171
Cumulative Days on Market171
Taxes$1,850 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.12 AC / 5,327 SF
CountyPierce County

Building Information for 1536-1538 South Walters Road

Stories1Residences2Year Built1924Building Size-Lot Size0.12 AC / 5,327 SF

Property Information for 1536-1538 South Walters Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Gas Available, High Speed Internet
  • Area: 31 - West Tacoma
  • Effective Year Built Source: Public Records
  • Directions: Follow 6th Ave all the way to Titlow, turn left on Walters Rd. Property is on left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
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: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 8
Lot Information
  • Lot Details: Alley, Paved
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 7505000222
  • Calculated Square Footage: 1012
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1012.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • 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: 2350
  • Gross Adjusted Income: 43800
  • Gross Rent Multiplier: 18.24
  • Gross Scheduled Income: $43,800
  • Insurance Expense: $500
  • Net Operating Income: $41,450
  • Other Expenses: $0
  • Total Monthly Income: 3650
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1012.0
  • Leasable Area Units: Square Feet

Property History for 1536-1538 South Walters Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1536-1538 South Walters Road

Taxable ValueLand$284,200Additions$271,000Total$555,200
Tax Record2023$5,764 ($480 / month)
Home Facts
Total Finished SqFt1,012 SqFtAbove Ground SqFt1,012 SqFtStories1Lot Size11,000 SqFtStyleDuplexYear Built1951Year Renovated2020ZoningR2CountyPIERCEAPN7505000221

Schools near 1536-1538 South Walters Road

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Geiger Montessori School
PublicPK to 5

Truman Middle School
Public6 to 8

Foss High School
Public9 to 12

Hunt Middle School
Public6 to 8

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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1536-1538 South Walters Road is a multi-family home for sale in Tacoma, WA 98465. This property was listed for sale on May 30, 2024 by Keller Williams Rty Tacoma, it's currently listed at $749,900. This listing's school district is Tacoma School District. Nearby schools include Geiger Montessori School, Truman Middle School and Foss High School. 1536-1538 South Walters Road is a 2-bed, 2-bath, 1,012 sqft multi-family home built in 1924.

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 Keller Williams Rty Tacoma

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.