2031 South 7th Street

Tacoma, WA 98405

$870,000
Price
8
Beds
4.25
Baths
3,805 Sq. Ft.
$229 / Sq. Ft.
3,805
Sq. Ft.
$229
per Sq. Ft.

Description

New Price! This striking 1920 Tacoma craftsman sprawls 3 levels of finished space and offers opportunity + versatility in an ideal Central Tacoma location. Currently a duplex, this home offers 8 total bedrooms and could easily function as a triplex! Original oak hardwoods and craftsman trim work add elevated charm to the functional main level with 4 beds, 2 bathrooms, and an updated kitchen. Basement fully-finished w/ 2 more beds, 1 bath, living + laundry room. Second floor was converted to 2/1 ADU...New Price! This striking 1920 Tacoma craftsman sprawls 3 levels of finished space and offers opportunity + versatility in an ideal Central Tacoma location. Currently a duplex, this home offers 8 total bedrooms and could easily function as a triplex! Original oak hardwoods and craftsman trim work add elevated charm to the functional main level with 4 beds, 2 bathrooms, and an updated kitchen. Basement fully-finished w/ 2 more beds, 1 bath, living + laundry room. Second floor was converted to 2/1 ADU w/own entrance, family room, full kitchen, + laundry at ~938 sqft. Investor ready for triplex or more in Tacoma's URX Zoning, One block off 6th Avenue, near schools, medical facilities, entertainment, & freeways. Easily add garage + ADU!
  1. Listed by Spencer Eiseman • Windermere Abode

Property Details for 2031 South 7th Street

Community Name
Central Tacoma
School District
Tacoma
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
07-02-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 11/29/2024 11:41 AM

Property Details for 2031 South 7th Street

StatusActive
MLS #2260410
Days on Market168
Cumulative Days on Market168
Taxes$3,056 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.12 AC / 5,078 SF
CountyPierce County

Building Information for 2031 South 7th Street

Stories3Residences2Year Built1920Building Size-Lot Size0.12 AC / 5,078 SF

Property Information for 2031 South 7th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
  • Area: 28 - Central Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Hwy 16/E, Take the Sprague Exit and head North on Sprague. Turn Left on S 7th St. Home will be on the right within one block.
  • 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
  • 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: Ceramic Tile, Hardwood, Vinyl Plank, Carpet
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood, Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1500
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential, See Remarks
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Tax Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1981
  • Photos Count: 40
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 032006-5-001
  • Building Condition: Very Good
  • Calculated Square Footage: 3805
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3805.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5636
  • Gross Adjusted Income: 64600
  • Gross Rent Multiplier: 13.91
  • Gross Scheduled Income: $64,600
  • Insurance Expense: $1,080
  • Net Operating Income: $58,964
  • Other Expenses: $0
  • Total Monthly Income: 3900
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 940
  • Rent Unit 1: $1,300.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 2726
  • Rent Unit 2: $2,600.00
  • Bedrooms Unit 2: 6
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 3644.0
  • Leasable Area Units: Square Feet

Property History for 2031 South 7th 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 2031 South 7th Street

Taxable ValueLand$209,500Additions$408,100Total$617,600
Tax Record2024$6,871 ($573 / month)
Home Facts
Total Finished SqFt2,432 SqFtAbove Ground SqFt2,432 SqFtStories2Lot Size5,078 SqFtStyleDuplexYear Built1920Year Renovated2002ZoningRCXCountyPIERCEAPN0320065001Fireplace TypeHas Fireplace

Schools near 2031 South 7th Street

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

Hilltop Heritage Middle School
Public6 to 8

Foss High School
Public9 to 12

Bryant Montessori 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.

Similar Homes

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2031 South 7th Street is a multi-family home for sale in Tacoma, WA 98405. This property was listed for sale on July 2, 2024 by Windermere Abode, it's currently listed at $870,000. It has been on the market for a total of 168 days and was last sold on May 24, 2005. This listing's school district is Tacoma School District. Nearby schools include Bryant Montessori School, Hilltop Heritage Middle School and Foss High School. 2031 South 7th Street is a 8-bed, 4.25-bath, 3,805 sqft multi-family home built in 1920.

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 Windermere Abode

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.