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Listed by:Blake Investment Advisors • Gabe Blake

$925,000

Est. payment - /mo

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8 Beds

6 Baths

9,583 Sqft Lot

Pending

3841 S Park AVE Tacoma, WA 98418

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Subdivision South Tacoma

MLS Listing ID 2446398

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1950

Annual Tax Amount $12,081

Lot Size 9,583 Sqft

Property Sub-Type Multi Family

Property Description

$8,840 MONTHLY RENTS | PRICE REDUCED to a 6.78% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Originally built in 1950 and fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

Location

State WA

County Pierce

Area 46 - South Tacoma

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Brick

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

Restaurants

Local Services

Roberto 1975

6515 East E St, Tacoma, WA 98404

Indonesian

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