1619 East 32nd Street

Tacoma, WA 98404

$1,200,000
Price
6
Beds
6
Baths
2,628 Sq. Ft.
$457 / Sq. Ft.
2,628
Sq. Ft.
$457
per Sq. Ft.
Listing provided courtesy of Engel & Voelkers Chambers Bay

Description

New Construction 6 unit gated community with $8175/mth in rental income, a 12 year tax abatement at land only taxes, and a proven low-maintenance interior and site design. Income is maximized on these incredibly desirable 1 bdrm / 1 bath units offering a full-sized kitchen w/ upgraded stainless appliances, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly, to maximize privacy and the...New Construction 6 unit gated community with $8175/mth in rental income, a 12 year tax abatement at land only taxes, and a proven low-maintenance interior and site design. Income is maximized on these incredibly desirable 1 bdrm / 1 bath units offering a full-sized kitchen w/ upgraded stainless appliances, a good-sized bedroom w/ a large closet space, a living room, and a full-size in-unit washer & dryer. Each unit is designed to share only one floor / ceiling assembly, to maximize privacy and the feel of a stand alone home. Each unit has a ductless mini-split heat pump for AC and heat. Enjoy ownership of the most rentable & affordable unit type in Tacoma.
  1. Listed by Ryan D Meacham • Engel & Voelkers Chambers Bay

Property Details for 1619 East 32nd Street

Community Name
Tacoma
School District
Tacoma
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
11-01-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:22 PM

Property Details for 1619 East 32nd Street

StatusActive
MLS #2306985
Days on Market16
Cumulative Days on Market16
Taxes$1,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.07 AC / 3,250 SF
CountyPierce County

Building Information for 1619 East 32nd Street

Stories2Residences6Year Built2024Building Size-Lot Size0.07 AC / 3,250 SF

Property Information for 1619 East 32nd Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Fenced-Fully, Gated Entry, High Speed Internet
  • Area: 56 - Southeast Tacoma
  • Effective Year Built Source: Public Records
  • Directions: From Portland Ave and I-5, proceed south on Portland Ave, Left on E 32nd St, and the 1619 E 32nd gated community is on your left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • 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: Vinyl Plank
  • New Construction: Completed
  • Amenities: Energy Package,Thermal Windows
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Security Features: PartiallyFenced, SecurityGate
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6000
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Commercial,Multi-Family
  • Estimated Completion Date: 2024-11-01
  • First Right Of Refusal: false
  • Possible Use: Commercial, Multi-Family
  • MLS Square Footage Source: Building plans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: Bank Or REO, None
  • Year Built Effective: 2024
  • Photos Count: 19
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk
  • Lot Size Source: Pierce County Records
  • Parcel Number Free Text: 4715013932
  • Building Condition: Very Good
  • Calculated Square Footage: 2628
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2628.0
  • 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: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9500
  • Gross Adjusted Income: 98100
  • Gross Rent Multiplier: 12.2
  • Gross Scheduled Income: $98,100
  • Insurance Expense: $1,800
  • Net Operating Income: $88,600
  • Other Expenses: $0
  • Total Monthly Income: 8175
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 437
  • Rent Unit 1: $1,250.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 449
  • Rent Unit 2: $1,250.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 437
  • Rent Unit 3: $1,250.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 449
  • Rent Unit 4: $1,250.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: E
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 437
  • Rent Unit 5: $1,250.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: F
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 449
  • Rent Unit 6: $1,250.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2628.0
  • Leasable Area Units: Square Feet

Property History for 1619 East 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1619 East 32nd Street

Taxable ValueLand$78,900Additions-Total$78,900
Tax Record2024$887 ($74 / month)
Home Facts
Beds0Lot Size3,250 SqFtStyleResidentialCountyPIERCEAPN4715013932

Schools near 1619 East 32nd Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - PK to 5
First Creek Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
Tacoma Open Doors
Public - 9 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

First Creek Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Tacoma Open Doors
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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More information about 1619 East 32nd Street, Tacoma, WA 98404

1619 East 32nd Street is a multi-family home for sale in Tacoma, WA 98404. This property was listed for sale on November 1, 2024 by Engel & Voelkers Chambers Bay, it's currently listed at $1,200,000. This listing's school district is Tacoma School District. Nearby schools include Roosevelt Elementary School, First Creek Middle School and Lincoln High School. 1619 East 32nd Street is a 6-bed, 6-bath, 2,628 sqft multi-family home built in 2024.

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 Engel & Voelkers Chambers Bay

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.