Water Views
Listed By:
Mosaic Realty and NWMLS
Address
1201 N 11th Street, Tacoma, WA
Price
$ 1,299,000
Property Attributes
  • ID#2200662
  • TypeMulti-Family
  • CountyPIERCE
  • CityTacoma
  • AreaNorth Tacoma
  • NeighborhoodNorth Tacoma
  • Zip98403
  • Style5-9 Units
  • Year Built1923
  • Taxes$ 8676
  • Price$ 1,299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5250
  • Lot Size0.0608 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

This spectacular North End Tacoma 5-plex is your next investment opportunity! This property has 2 upstairs two-bedroom, one bath units and on the main floor, 3 one-bedroom one bathroom units. One lucky tenant gets a partial bay view (Unit 4). But not to worry, there are endless positives to boast about with a spacious layout that provides a comfortable living space for tenants to enjoy, new roof in 2018, resealed brick exterior in 2019, a shared laundry area in the basement with additional storage space for each unit. Within walking distance to a wide array of restaurants, shopping and entertainment!

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
2/16/2024 Listed $1,299,000

General Features

Interior Features Fir/Softwood,Hardwood,Laminate,Wall to Wall Carpet
Sewer Sewer Connected
Heating Ductless HP-Mini Split,Radiator
Cooling Ductless HP-Mini Split,None
Possession Closing,Tenant's Rights
Roof Flat
Exterior Features Brick
Year Built 1923
View Bay
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 68809
Insurance Expense 3415
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name North Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From n. 21st follow eastbound to N. 11th. Turn rt onto 11th,follow to L Street,property is at corner of L and 11th.
ModificationTimestamp 2024-05-15T06:11:08.799Z
High School Buyer To Verify
City Tacoma
Buyer Agent Compensation 2
View Y/N Yes
Senior Community Y/N No
High School District Tacoma
Open Parking Spaces 6
NumberOfUnitsTotal 5
MLS Area 21 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 2650
Waterfront Y/N No
Carport Y/N No
Listing Terms Cash Out,Conventional
Elementary School Buyer To Verify
Tax Annual Amount 8676
Fuel Expense 2800
Middle/Junior High School Buyer To Verify
Public Remarks This spectacular North End Tacoma 5-plex is your next investment opportunity! This property has 2 upstairs two-bedroom,one bath units and on the main floor,3 one-bedroom one bathroom units. One lucky
Leasable Area 5250
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Basement,Storage
Water Company TPU
Units Below Grade false
Units In Building Total 5
Zoning Class Multi-Family
Water Sewer Garbage 8274
Property Style 55 - 5-9 Units
Cap Rate 5.3
NWM_ShowMapLink Yes

Interior Features

Flooring Softwood,Hardwood,Laminate,Vinyl Plank,Carpet
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric,Natural Gas

Exterior Features

Lot Features Corner Lot,Curbs,Paved,Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 5250
Lot Size Acres 0.0608
Open Parking Y/N Yes
Irrigation Water Rights Y/N No
Site Features Deck,Gas Available
Parking Uncovered Spaces 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98403

Price
AVG $1.17M
$1.3M
Taxes
AVG $9,300
$8,676
Visits
AVG 213
369
Data Provided by Inside Real Estate®
Year Built
AVG 1910
1923

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