1536 -1538 S Walters Road Tacoma, WA $ 1,290,000
1536 -1538 S Walters Road
$ 1,290,000
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1536 -1538 S Walters Road

Tacoma, WA, 98465
$ 1,290,000
Baths0.0 Sq 1,540

Monthly Estimate*

$ 8,574

Listed by Keller Williams Rty Tacoma
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,290,000. This 1,540 square foot home was built in 1951 on a lot size of 0.2525.

Endless possibilities! Located steps from Titlow Beach, this Tri-Plex is currently made up of a duplex , a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential views are included in photos for possibilities. Each unit has individual sewer lines, gas, water and electric. Potential for lot segregation. The duplex is currently under rented. Both tenants have been notified and are open to stay if the new buyer would like or move as needed. The house has been used as an Air B&B. Make income while permitting for building or update rents for short or long term rental income. Garages can be rented as well. Duplex can be seen after mutual.

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Multi-Family Active

Price

$ 1,290,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,976

Style

Tri-plex

Lot Size

0.2525

Year Built

1951

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2227486

Features
General
Interior Features Ceramic Tile Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing See Remarks Tenant's Rights
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1951
View Bay See Remarks
Property SubType Multi-Family
Tax Year 2024
County Pierce
Net Operating Income 58574
Insurance Expense 250
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Narrows
Special Listing Conditions None
Status Active
Directions Follow 6th Ave all the way to Titlow turn left on Walters Rd. Property is on left.
City Tacoma
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 6
NumberOfUnitsTotal 3
MLS Area 31 - West Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 11000
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Walters
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 5976
Electric Expense 0
Fuel Expense 0
Public Remarks Endless possibilities! Located steps from Titlow Beach this Tri-Plex is currently made up of a duplex a one bedroom home and a separate 3-car garage. All units have been updated. Stunning potential v
Leasable Area 2244
Structure Type Triplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 4.5
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Interior
Flooring Ceramic Tile Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Parking Features RV Parking
Lot Features Alley Paved
Total Parking 9
Foundation Details Poured Concrete
Building Area Total 1540
Street Suffix Road
Lot Size Acres 0.2525
Covered Spaces 3
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features High Speed Internet Patio RV Parking
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2227486
Street Number 1 1536
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* Excluded Features
List By
Rochelle Chorak

Listing Agent

Keller Williams Rty Tacoma

Broker

Affordability Calculator

$9,072
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,574
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$1,290,000 Listed Price

Map


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1536 -1538 S Walters Road, Tacoma, WA, 98465 is a Multi-Family Home for sale at $1,290,000 with 1,540 sqft and a lot size of 0.2525. 1536 -1538 S Walters Road is a studio with 0.0 baths and was built in 1951. The property's zip code is 98465 which is in Tacoma, WA