1809 99th Street E $675,000

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    1809 99th Street E Tacoma, WA 98445

    • 0 Beds
    • 0 Baths
    • 3,238 sq. ft.
    • Multi-Family
    • Listing# 1839385
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    Views: 2 Days On Site: 2

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    Property Details

    INVESTORS ALERT!! Great MIXED USE & MULTI-TENANT building located in high traffic area in Midland. The property is fully leased with 3 long-term tenants who wish to stay, generating a steady stream of income. Parking is available to the front of the building. Commercial unit is currently leased as an event venue, both apartment units have been remodeled with new interior and exterior paint fenced fully. The property is well situated with approximately 50 feet of frontage on 99th right off busy Portland street. Midland is in an upcoming area & continues to go through an economic boom. Currently producing a 5% cap rate with potential growth.

    • General Features
      • Association Fee 0
      • Association Fee Frequency Annually
      • County Or Parish Pierce
      • Furnished Unfurnished
      • Leasable Area 3238
      • Leasable Area Units Square Feet
      • MLS Area Major 67 - Parkland
      • New Construction Y/N No
      • Property Sub Type Multi-Family
      • Special Listing Conditions None
      • Style Code 52 - Duplex
      • Subdivision Name Parkland
      • Tax Annual Amount 4875
      • Tax Year 2021
      • Year Built 1918
    • Building Features
      • Building Area Total 3238
      • Building Area Units Square Feet
      • Exterior Features Wood, Wood Products
      • Flooring Hardwood, Laminate
      • Foundation Details Poured Concrete
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square Feet
      • Roof Composition
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 0
      • Irrigation Water Rights Y/N No
      • Lot Features Paved
      • Lot Size Acres 0.132
      • Lot Size Dimensions 5,750
      • Lot Size Square Feet 5750
      • Lot Size Units Square Feet
      • Open Parking Spaces 2
      • Open Parking Y/N Yes
      • Parking Features RV Parking
      • Parking Total 7
      • Sewer Sewer Connected
      • Utilities Cable Connected,High Speed Internet,Sewer Connected,Electricity Available
      • View Y/N No
      • Waterfront Y/N No
    • Schools
      • Elementary School Buyer To Verify
      • High School Buyer To Verify
      • High School District Franklin Pierce
      • Middle Or Junior School Buyer To Verify

    Contact

    Meridian Valley Realty

    Office

    Meridian Valley Realty

    Office Phone: 253-631-1222

    Neighborhood

    98445 (Tacoma) Demographics

    35 Median Age
    2,963 Population Density (per sq. mile)
    27% College Educated
    $59,869 Estimated Median Income
    7,113 Estimated Total Home Owners
    3,696 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,869 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $435,000 Median Sales Price
    51 Homes Sold
    52 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $675,000
        9/14/2021 5:35:00 PM New in Database Source: Multiple Listing Service New Value: $675,000

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        This property search is part of the Meridian Valley Realty website. Listing information is courtesy of the WA-NWMLS and Meridian Valley Realty. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.