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Listing provided courtesy of Ghassan Mansour, John L. Scott, Inc..
Source NWMLS.
1108 108th St S, Tacoma, WA 98444
8
beds
5
baths
4232
ft2
· 26100
ft2 lot
$699,950
$165 / ft2
Great opportunity to own a 5-unit investment property! Three one bedroom units, one two bedroom unit, and one three bedroom unit. Property has long time renters providing a constant and stable income. Electrical and plumbing were upgraded 15 years ago. Showings are subject to mutual acceptance. Conveniently located with close proximity to I-5, 512, and great local restaurants, businesses and shopping centers.
HOA
$0/month
On market
1 month
Year built
1988
Property type
55 5 Plex,Multi Family
Parking
15
MLS
1734824
Price / Sq.Ft.
$165 / ft2
Status
Active
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Based on a price of $699,950
Rebate:
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Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$5,250
$4,373
+$132/day
$877
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$5,250
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$2,415
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$2,415
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Property Details
Interior Features & Layout
Oven Unit 1
Oven Unit 1
Oven Unit 2
Oven Unit 2
Heating Details
Baseboard
Refrigerator Unit 1
Refrigerator Unit 1
Flooring
Vinyl, Wall to Wall Carpet
Refrigerator Unit 2
Refrigerator Unit 2
Unit 5 Beds
3
Unit 1 Baths
1.00
Unit 4 Beds
1
Unit 2 Baths
1.00
Unit 3 Baths
1.00
Unit 3 Beds
1
Unit 4 Baths
1.00
Unit 2 Beds
2
Unit 1 Beds
1
Unit 5 Baths
1.00
Unit 6 Baths
0.00
Property, Lot, Community & Exterior Features
Total Units In Building
5
View
Territorial
Zoning
Multi-Family
Lot Features
Cable TV, RV Parking
Lot Size Source
County
Mls Prop Type
55 - 5-Plex, Multi-Family
Building Exterior Details
Wood
Uncovered Spaces
15
Unit 5 Sqft
1512
Style
55 - 5-Plex
Unit 4 Sqft
650
Foundation
Poured Concrete
Unit 3 Sqft
670
Roof
Composition
Effective Year Built
1988
Unit 2 Sqft
800
Lot Details
Paved Street
Unit 1 Sqft
600
Mls Property Type
Multi-Family
Units Below Grade
Units Below Grade
Unit 1 Details
A
Unit 2 Details
B
Unit 3 Details
C
Unit 4 Details
D
Number Stories
1
Unit 5 Details
E
Year Built Source
PR
Utilities & Other Information
Water / Sewer / Garbage
6480
Water Source
Public
Energy Source
Electric
Sewer
Sewer Connected
Listing Details, Costs & Financing Information
Insurance Expenses
2160
Form 17
Provided
Possession
Closing
Buyer's Agent Commission
***4***
Terms
Cash Out, Conventional
Net Operating Income
57300
Monthly Rent Unit 1
850
Monthly Rent
4775
Monthly Rent Unit 2
950
Gross Rent Multiplier
9
Monthly Rent Unit 3
850
Cap Rate
8.19
Monthly Rent Unit 4
775
Monthly Rent Unit 5
1350
Tax Year
2020
Sale Type
MLS
Status
Active
Gross Scheduled Income
71306
Offers
BEFORE
Taxes
5366
Operating Expense
14006, 14006
Preliminary Title Ordered
Preliminary Title Ordered
Apn
6645000891
Gross Adjusted Income
71306
School Neighborhood & Directions
Elementary School
James Sales Elem
High School
Wash High
Directions
From 512 exit to Steels St S then turn into 108th ST S to property
Zip Code +4
2648
Middle School
Perry G Keithley Mid
Details provided by NWMLS and may not match the public record.The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 11, 2021 9:41am
Neighborhood snapshot
11
Properties for sale
5.5
Median days on market
$244.52
Median sold price/sqft
102.94%
Sold/List %
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Property History
02/25/2021
02/25/2021
NWMLS #1734824
active
NWMLS #1734824
$699,950
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