1623 S Yakima Avenue, Tacoma, WA

$685,000

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2,416

Square feet

0.07

Acres

About 1623 S Yakima Avenue

Investor Alert! Currently operating as a Duplex with two rental units plus a 3rd unit partially finished. Finish the 3rd unit to potentially add equity & increase the rental income by 30+%! Architectural plans for conversion/finishing 3rd unit previously approved for permits are included in the sale. Buyer to verify all information & requirements to complete. The middle and top units were remodeled in 2017. Top unit leased until June 2025 at $1645+$100/mo for landscaping. Middle unit prev leased at $1600/mo. Tenants pay utilities. Clean, well-managed & maintained with full rental turns. High walk score & close to everything – DT Tacoma, UW Tacoma, Universities, Hospitals, I-5, and more. Don’t miss this one for your portfolio!

Features of 1623 S Yakima Avenue

MLS® # 2240894
List Price $685,000
Sale Price $640,000
Price Per SqFt $265
Bathrooms 0.00
Square Footage 2,416
Acres 0.07
Year Built 1906
Type Income
Sub-Type Multi-Family
Status Sold

Community Information

Address 1623 S Yakima Avenue
Area 30 - Central Tacoma
Subdivision Tacoma
City Tacoma
County Pierce
State WA
Zip Code 98405

Amenities

Is Waterfront No

Interior

Interior Features Wall to Wall Carpet
Fireplace No
# of Stories 3

Exterior

Exterior Features Cement Planked
Lot Description Curbs, Paved, Sidewalk

School Information

District Tacoma
High Stadium

Additional Information

Days on Market 146
Cumulative Days on Market 146
Days on Website 120
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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