$895,000

2,784

0.1377

2716 S 12th Street, Tacoma, WA, 98405

Listing Courtesy of Multifamily Properties

2716 S 12th Street , Tacoma, WA 98405

Fantastic opportunity to add an 8-unit multifamily deal to your portfolio. This 4plex must be sold with MLS 2321221. 2 sep parcels but have been operating as one investment property for the current owners since 2014. Use 2 resi loans or 1 comm loan. Units are 2-bd,1-ba, apprx 696 sqft. CapEx improvements to note include a new TPO roof (2020) for 2716, pex plumbing (2016) for 2716 #1 & #3 & new paint/drywall (2024) in 2712 #2. Rent increase notices given to 4 units on 12/1/24. There is onsite w/d. Units are separately metered for hot water. There are 10 off-street parking spots off alley. SELLER FINANCING AVAILABLE. Terms: 6.5% I/O for 2 years, MIN 10% DOWN, 5-YR Balloon, Amort over 30 yrs. Sellers are retiring and scaling back investments.

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PROPERTY DETAILS

Mls Id
2321223
Status
Active
Area
Central Tacoma
Foundation Details
Slab
Carport
No
City
Tacoma
County
Pierce
Exterior Features
Wood
Fireplace
No
High School District
Tacoma
Living Area
0 Square Feet
Lot Features
Alley, Curbs, Paved, Sidewalk
Lot Acres
0.1377
Lot Square Feet
6000
New Construction
No
Zip Code
98405
Property Type
Multi-Family
Roof
Flat
Sewer
Sewer Connected
Waterfront
No
Water Source
Public
Year Built
1975
Checked For Updates
2025-01-20 20:01:27 PST

Based on information submitted to the MLS GRID as of 2025-01-20 20:01:27 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.