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1509 E 38 St, Tacoma, WA 98404
Listing courtesy of: Leonard Wright, Titan Real Estate, Inc
For Sale (MLS-listed)
$335,000

1509 E 38 St Tacoma, WA 98404

Beds: 8
Baths: -
Sq. Ft.: 3,116
$/Sq. Ft.: $108
Lot Size: 9,583 Sq. Ft.
Property Type:Multi-Family
Style:4-Plex
Stories:2
Year Built: 1980
Community: East Tacoma
County: Pierce
MLS#: 29137595
Source: NWMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 62 days
Cumulative: 64 days
Owner/Agent, please use Puget Sound Title and Escrow on S Orchard. Present prequal letter with all offers. Units to be shown only upon acceptance of offer.

Flooring Information

  • Vinyl Floor
  • Wall-to-Wall Carpet

Building Information

  • # of Units: 4
  • Wood Exterior
  • Wood Products Exterior
  • Poured Concrete Foundation
  • Composition Roof

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 800
  • Has Dishwasher
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $800
  • Unit Number: 1

Unit 4 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 800
  • Has Dishwasher
  • Has Range/Oven
  • Has Refrigerator
  • Has Washer/Dryer
  • Monthly Rent: $850
  • Unit Number: 4

Property Information

  • Tax ID #: 2100500040
  • Vacancy Rate: 2

Heating & Cooling

  • Baseboard Heat
  • Wall Heat

Parking Information

  • # of Parking Spaces (Total): 6
  • # of Uncovered Spaces: 6

Unit 2 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 800
  • Has Dishwasher
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $800
  • Unit Number: 2

Lot Information

  • Lot on Dead-End Street
  • Lot Is On Paved Street
  • Lot Has Private/Public Sidewalk Access
  • Zoning Jurisdiction: City

Financial Information

  • Conventional
  • FHA Loan
  • Annual Taxes: $3,359
  • Tax Year: 2009
  • Cap Rate (NOI/LP): 11.09
  • Gross Rent Multiplier: 8
  • Total Monthly Income: $3,250
  • Gross Scheduled Income: $39,000
  • Gross Adjusted Income: $38,220
  • Net Operating Income: $30,196
  • Insurance Expenses: $465
  • Water/Sewer/Garbage Expenses: $4,200

Utility Information

  • Energy Source: Electric
  • Public Water Source
  • Sewer Connected
  • Power Company: Tacoma
  • Water Company: Tacoma
  • Sewer Company: Tacoma

Property Features

  • Coin Operated Laundry
  • Thermal Windows
  • Cable Television
  • Deck
  • Partially Fenced
  • Patio

Unit 3 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Sq. Ft.: 800
  • Has Dishwasher
  • Has Range/Oven
  • Has Refrigerator
  • Monthly Rent: $800
  • Unit Number: 3

Location Information

  • Map Book: Thomas Guide
  • Southeast Tacoma

School Information

  • School District: Tacoma

Listing last changed

September 29, 2009, 9:07 AM

Overhead View of 1509 E 38 St, Tacoma, WA 98404

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The seller has requested that all public comments be removed from this listing. Per MLS rules, we are not allowed to link to blog posts about this home.

Property History for 1509 E 38 St

Date Event Price Appreciation Source
Sep 28, 2009 Listed $335,000 -- NWMLS #29137595
May 02, 2008 Sold (Public Records) $319,000 0.0%/yr Public Records
Dec 10, 2007 Sold (Public Records) $319,000 -- Public Records

Public Facts for 1509 E 38 St

Beds: 8
Baths: 4.0
Finished Sqft: 3116
Unfinished Sqft: -
Total Sqft: 3116
Floors: 2
Lot Size: 9,665
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: 1982
County: Pierce County
APN: 2100500040
Last Updated: November 18, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $84,600
Additions $203,900
Total $288,500
Tax (2009) $3,359

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