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 |
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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 |
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Area | 30 - Central Tacoma |
Subdivision | Tacoma |
City | Tacoma |
County | Pierce |
State | WA |
Zip Code | 98405 |
Amenities
Is Waterfront | No |
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Interior
Interior Features | Wall to Wall Carpet |
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Fireplace | No |
# of Stories | 3 |
Exterior
Exterior Features | Cement Planked |
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Lot Description | Curbs, Paved, Sidewalk |
School Information
District | Tacoma |
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High | Stadium |
Additional Information
Days on Market | 146 |
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Cumulative Days on Market | 146 |
Days on Website | 120 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |