Tacoma, WA 98418,3402 S M ST
Listed by Real Broker LLC
Bought with American Dream Realty, LLC

$1,212,500

Est. payment /mo

$1,250,000

3.0%
Est.Price: ?

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3402 S M ST Tacoma, WA 98418

12 Beds

6 Baths

5,848 SqFt

SOLD DATE : 04/04/2025

Key Details

Sold Price $1,212,500

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,848 sqft

Price per Sqft $207

Subdivision South Tacoma

MLS Listing ID 2314518

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1967

Annual Tax Amount $11,185

Lot Size 10,402 Sqft

Property Sub-Type Multi-Family

Property Description

Cash flowing 6 plex with adjacent 1/2 acre parcel. 2 of the 6 units have been remodeled. Newer windows and fresh exterior paint. Each unit comes with their own storage unit. Two coin operated washers and two coin operated dryers to generate additional income. Professionally managed. 6 plex alone recently appraised for 1.38M apart from the vacant lot. Appraisal to be provided with mutual contract. Allow cash flow from 6plex to fund your debt service while you develop the Adjacent Parcel: 0320084103.

Location

State WA

County Pierce

Area 50 - South Tacoma

Interior

Flooring Vinyl, Carpet

Exterior

Exterior Feature Wood

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
agent

Niki Shelton

Broker | License ID: 120959

+1(360) 710-4742

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