5423 South Pine Street

Tacoma, WA 98409

$674,950
Price
6
Beds
5
Baths
2,960 Sq. Ft.
$228 / Sq. Ft.
2,960
Sq. Ft.
$228
per Sq. Ft.

Description

Great house with separate self contained rentable unit, with it's own access! Main house boasts 1860 SF, 4 beds, 2 baths, 2 car garage & wrap around front porch! Lower unit is 1,213 SF, 2 bedroom & 1 full bath. Yard is fully fenced & ample off street parking! Cross listed in as single family- MLS: #2314196. This is a great location with easy access to freeway, JBLM, schools, shopping, etc. What an opportunity for multi-generational living, rental income, etc.Great house with separate self contained rentable unit, with it's own access! Main house boasts 1860 SF, 4 beds, 2 baths, 2 car garage & wrap around front porch! Lower unit is 1,213 SF, 2 bedroom & 1 full bath. Yard is fully fenced & ample off street parking! Cross listed in as single family- MLS: #2314196. This is a great location with easy access to freeway, JBLM, schools, shopping, etc. What an opportunity for multi-generational living, rental income, etc.
  1. Listed by Darren Rivers • Keller Williams West Sound

Property Details for 5423 South Pine Street

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
2
Total Covered Parking
2
Entry Date
12-03-2024
Energy Source
Electric,Natural Gas,Wood
Sewer
Sewer Connected
LISTING UPDATED: 12/03/2024 03:04 PM

Property Details for 5423 South Pine Street

StatusActive
MLS #2314197
Days on Market15
Cumulative Days on Market15
Taxes$6,136 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.14 AC / 6,000 SF
CountyPierce County

Building Information for 5423 South Pine Street

Stories3Residences2Year Built1925Building Size-Lot Size0.14 AC / 6,000 SF

Property Information for 5423 South Pine Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, Patio
  • Area: 49 - South 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 I-5 S, take exit 130 for So 56 St. Turn left onto Tacoma Mall Blvd. Turn right onto S 56th St. Turn right onto Pine St.
  • 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: 0.0
  • Open Parking: No
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, Vinyl Plank, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4500
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric, Natural Gas, Wood
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family,Residential
  • Possible Use: Multi-Family, Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1995
  • Photos Count: 22
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7770101730
  • Calculated Square Footage: 2960
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2960.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $1,960
  • Total Expenses: 16770
  • Gross Adjusted Income: 54126
  • Gross Rent Multiplier: 12.1
  • Gross Scheduled Income: $55,800
  • Insurance Expense: $1,842
  • Net Operating Income: $42,248
  • Other Expenses: $1,200
  • Total Monthly Income: 4650
  • Fuel Expense: $1,132
Unit 1
  • Name Unit 1: upper
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1860
  • Rent Unit 1: $2,850.00
  • Bedrooms Unit 1: 4
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 4
Unit 2
  • Name Unit 2: Lower
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1192
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3087.0
  • Leasable Area Units: Square Feet

Property History for 5423 South Pine 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 5423 South Pine Street

Taxable ValueLand$190,800Additions$360,600Total$551,400
Tax Record2024$6,136 ($511 / month)
Home Facts
Beds6Total Finished SqFt1,768 SqFtAbove Ground SqFt1,768 SqFtStories2Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1925Year Renovated2021ZoningR3CountyPIERCEAPN7770101730Fireplace TypeHas Fireplace

Schools near 5423 South Pine Street

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 - 9 to 12
Rating
School
Distance
Edison Elementary School
PublicPK to 5

Gray Middle School
Public6 to 8

Foss High School
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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5423 South Pine Street is a multi-family home for sale in Tacoma, WA 98409. This property was listed for sale on December 3, 2024 by Keller Williams West Sound, it's currently listed at $674,950. It has been on the market for a total of 15 days and was last sold on May 10, 2021. This listing's school district is Tacoma School District. Nearby schools include Edison Elementary School, Gray Middle School and Foss High School. 5423 South Pine Street is a 6-bed, 5-bath, 2,960 sqft multi-family home built in 1925.

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 West Sound

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.