5610 South M Street

Tacoma, WA 98408

$999,950
Price
6
Beds
3
Baths
2,680 Sq. Ft.
$373 / Sq. Ft.
2,680
Sq. Ft.
$373
per Sq. Ft.

Description

Updated tri-plex fully rented with all new floors, paint, cabinets, counters, bath fixtures, doors, trim and appliances. Easy to rent with covered parking, storage unit for each apartment, fenced yard. Sellers have put all new concrete parking, new concrete steps, fully exterior paint, all new exterior doors...all the hard work of remodel is complete. Onsite W/D for tenants to share.Updated tri-plex fully rented with all new floors, paint, cabinets, counters, bath fixtures, doors, trim and appliances. Easy to rent with covered parking, storage unit for each apartment, fenced yard. Sellers have put all new concrete parking, new concrete steps, fully exterior paint, all new exterior doors...all the hard work of remodel is complete. Onsite W/D for tenants to share.
  1. Listed by Bill VanEngelenburg • RE/MAX Realty South
  2. Listed by Bryant VanEngelenburg • RE/MAX Realty South

Property Details for 5610 South M Street

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
05-28-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Realty South
Add your commute
LISTING UPDATED: 06/20/2024 10:25 AM

Property Details for 5610 South M Street

StatusActive
MLS #2243654
Days on Market29
Cumulative Days on Market148
Taxes$5,890 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.14 AC / 6,000 SF
CountyPierce County

Location

Listing Courtesy of RE/MAX Realty South
Add your commute

Building Information for 5610 South M Street

Stories2Residences3Year Built1978Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$5,948 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$491

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5610 South M Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Patio
  • Area: 52 - 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: I-5 to 56th st exit. Follow east on 56th to M st. and turn right (south) Building is second in on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 3.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • 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, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5300
  • Power Company: TPU
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • 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: 1993
  • Photos Count: 18
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Public record
  • Parcel Number Free Text: 6320000070
  • Building Condition: Remodeled
  • Calculated Square Footage: 2680
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2680.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $600
  • Total Expenses: 13170
  • Gross Adjusted Income: 67887
  • Gross Rent Multiplier: 13.9
  • Gross Scheduled Income: $71,460
  • Insurance Expense: $1,380
  • Net Operating Income: $54,717
  • Other Expenses: $0
  • Total Monthly Income: 5955
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 890
  • Rent Unit 1: $1,850.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 890
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 890
  • Rent Unit 3: $1,850.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2680.0
  • Leasable Area Units: Square Feet

Property History for 5610 South M 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 5610 South M Street

Taxable ValueLand$182,100Additions$347,100Total$529,200
Tax Record2024$5,890 ($491 / month)
Home Facts
Total Finished SqFt2,683 SqFtAbove Ground SqFt2,683 SqFtStories2Lot Size6,000 SqFtStyleTriplexYear Built1978Year Renovated1987ZoningR4LCountyPIERCEAPN6320000070

Schools near 5610 South M 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
Mann
PublicPK to 5

Angelo Giaudrone Middle School
Public6 to 8

Mt Tahoma
Public9 to 12

Industrial Design Engineering And Art
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.

Similar Homes

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5610 South M Street is a multi-family home for sale in Tacoma, WA 98408. This property was listed for sale on May 28, 2024 by RE/MAX Realty South, it's currently listed at $999,950. It has been on the market for a total of 29 days and was last sold on August 19, 2019. This listing's school district is Tacoma School District. Nearby schools include Mann, Angelo Giaudrone Middle School and Mt Tahoma. 5610 South M Street is a 6-bed, 3-bath, 2,680 sqft multi-family home built in 1978.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Realty South

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.