2907 E M St
Tacoma WA 98404
2907 E M Street
2907 E M St Tacoma WA 98404
Listing #: 691245 | Status: Available | Last Modified: 1/10/2025 |
For Sale
- Phone:(206) 491-1200
- Email:stacey@kendratoddgroup.com
- Office Name:Keller Williams Realty
- Office Phone:(206) 632-2636
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
SEE_NOTES
- Listing Price$ 885,000.0
- $/SF$ 281.5
- $/Unit$ 885,000.0
- Listing StatusAvailable
- Days on Market1
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income69,600
- Vacancy Factor %0.00%
- Operating Expenses9,842
- Net Operating Income59,758
- CAP Rate 6.75 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 6.75 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units4
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3144
- Net Rentable Area3144
- Total Office SF
- Largest Contiguous SF
- Lot SF9583
- Acres0.22
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAllenmore Medical District
- Tax ID #2079400021
- Additional Parcels
- ZoningR4L
- Year Built1979
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
2907 E M St- 4-PLEX
Great investment opportunity in this well maintained Tacoma 4-plex. Prime location on a quiet residential street but close to downtown and I5 for easy commuting. No deferred maintenance. All units are 2 bedrooms, 1 bath with washer and dryer in each unit. Spacious units with dedicated parking and privacy. Fully occupied with no vacancy and strong rental history. All units currently below market rents offering huge upside potential!
