907 North Lawrence Street
Tacoma, WA 98406
$699,000
Price
6
Beds
2
Baths
2,600 Sq. Ft.
$269 / Sq. Ft.
2,600
Sq. Ft.
$269
per Sq. Ft.
Listed By Compass
New
Listed By Compass
New
Listing provided courtesy of COMPASS
Description
Investor alert! This legal duplex with stunning Craftsman curb appeal is the perfect investment property. In a prime location and also just steps to the UPS campus, this home has been an incredibly reliable student rental for the past 18 years. Unit A (main + upper floors) offers 1,640 sq ft with 4 beds/1 bath featuring a spacious kitchen, and large formal living and dining rooms adorned by refinished fir floors. Freshly repainted interior and new lighting has this unit move-in ready. Unit B (lower...Investor alert! This legal duplex with stunning Craftsman curb appeal is the perfect investment property. In a prime location and also just steps to the UPS campus, this home has been an incredibly reliable student rental for the past 18 years. Unit A (main + upper floors) offers 1,640 sq ft with 4 beds/1 bath featuring a spacious kitchen, and large formal living and dining rooms adorned by refinished fir floors. Freshly repainted interior and new lighting has this unit move-in ready. Unit B (lower level, leased through May 2025) features 960 sq ft with 2 beds/1 bath with a quality kitchen and finishes. Both units share a laundry room with exterior access. Separate electrical meters and tenants pay all utilities. This is a must see!
Listing Agents
![Matt Stanford]()
matt.stanford@compass.comP: (206)-334-6760
![Stephanie Stanford]()
stephanie.stanford@compass.comP: (206)-334-6761
Property Details for 907 North Lawrence Street
Community Name
North Tacoma
School DistrictTacoma
Number of Assigned Spaces4
Total Covered Parking0
Entry Date10-21-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
LISTING UPDATED: 10/21/2024 04:05 PM
Property Details for 907 North Lawrence Street
| Status | Active |
|---|---|
| MLS # | 2304046 |
| Days on Market | 1 |
| Cumulative Days on Market | 34 |
| Taxes | $6,996 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1910 |
| Lot Size | 0.10 AC / 4,275 SF |
| County | Pierce County |
| Buyer's Agent Compensation | 2.5% |
Building Information for 907 North Lawrence Street
Stories3Residences2Year Built1910Building Size-Lot Size0.10 AC / 4,275 SF
Property Information for 907 North Lawrence Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Partially, High Speed Internet
- Area: 23 - North Tacoma
- Directions: gps
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- 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: Softwood, Vinyl, Carpet
- Features: Fir/Softwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Tacoma Public Utilities
- Sewer Company: Tacoma Pub Utilities
- Water Company: Tacoma Pub Utilities
- 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: realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 31
Lot Information
- Lot Details: Alley, Curbs, Paved, Sidewalk
- Lot Size Source: 4275
- Parcel Number Free Text: 2550000130
- Building Condition: Good
- Calculated Square Footage: 2600
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2600.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- 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: 10833.81
- Gross Adjusted Income: 50400
- Gross Rent Multiplier: 14.6
- Gross Scheduled Income: $57,600
- Insurance Expense: $1,679
- Net Operating Income: $39,566
- Other Expenses: $2,159
- Total Monthly Income: 4200
- Fuel Expense: $0
Unit 1
- Name Unit 1: 907 A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1640
- Rent Unit 1: $2,800.00
- Bedrooms Unit 1: 4
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 907 B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 960
- Rent Unit 2: $1,400.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2600.0
- Leasable Area Units: Square Feet
Property History for 907 North Lawrence Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 907 North Lawrence Street
Taxable ValueLand$276,800Additions$352,000Total$628,800
Tax Record2024$6,996 ($583 / month)
Home Facts
Total Finished SqFt2,600 SqFtAbove Ground SqFt1,640 SqFtFinished Basement SqFt960 SqFtStories2Lot Size4,275 SqFtStyleDuplexYear Built1910Year Renovated1997ZoningR2-SRDCountyPIERCEAPN2550000130Fireplace TypeHas Fireplace
Schools near 907 North Lawrence Street
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Grant Elementary School PublicK to 5 | ||
Mason Middle School Public6 to 8 | ||
Stadium 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.
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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 COMPASS
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.
