Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.
Sold
Listed by:
Mataya Davis,
Icon Group,
Lowell Morrison,
Icon Group
$570,000
720 108th Street S, Tacoma, WA 98444
--beds
--baths
2,101sqft
Multi Family
Built in 1965
-- sqft lot
$716,300 Zestimate®
$271/sqft
$1,972 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 13, 2025 at 04:03am
Listed by:
Mataya Davis,
Icon Group,
Lowell Morrison,
Icon Group
Bought with:
Gregorio Ayala, 21003370
Icon Group
Source: NWMLS,MLS#: 2207841
Facts & features
Interior
Heating
- Baseboard, Forced Air
Cooling
- Forced Air
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,101
- Total interior livable area: 2,101 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Uncovered spaces: 6
Features
- Patio & porch: Laminate, Wall to Wall Carpet
Lot
- Size: 8,999 sqft
- Features: Dead End Street, Paved, Fenced-Partially
Details
- Parcel number: 6260001101
- Zoning description: Commercial,Multi-Family,Residential,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Built-Up,Flat
Condition
- Year built: 1965
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: Pierce County
- Water: Public, Company: TPU
Community & neighborhood
Location
- Region: Tacoma
- Subdivision: Tacoma
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 221 days
Services availability
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$716,300
2% more+ $14,326
With Zillow Showcase(estimated)
$730,626