1901 N Fife Street, Tacoma, WA 98406
- $848,112
- 3,456
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $848,112
- Status
- ACTIVE
- MLS#
- 2544830
- Days on Market
- 358
- Style
- 55 - 5-9 Units
- Finished SqFt
- 3,456
- Area Total SqFt
- 3456
- Annual Tax Ammount
- 8907.2
- Lot Size (sq ft)
- 7,500
- Sewer
- Sewer Connected
Property Description
SELLER FINANCING AVAILABLE Located in one of North Tacoma's thriving neighborhoods, this well maintained 5 unit building (four 1 bedroom units plus one studio) offers strong rents, long term tenant occupancy, and excellent upkeep throughout. Just minutes from downtown Tacoma, hospitals, transit, and top amenities, this is a rare find in one of the West Coast's fastest growing rental markets. Value add potential is built in: add W/D hookups to the larger units, and consider finishing part of the basement to create a 6th income producing unit (buyer to verify feasibility). Whether you're a seasoned investor or just getting started, this property offers a strong income base with room to grow. Don't miss this one. OWNER FINANCING AVAILABLE — ask about flexible terms!
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Additional Information
- List Date
- 2025-08-03 06:28:10
- Community
- North Tacoma
- Net Operating Income
- $51,193
- Gross Adjusted Income
- $83,888
- Gross Scheduled Income
- $83,888
- Total Monthly Income
- $7,374
- Insurance Expenses
- $4,241
- Gross Rent Multiplier
- 12.5
- Total Expenses
- $32,694
- Cap Rate
- 4.9
- Vacancy Rate
- 3
- Total Number of Units
- 5
- Unit Name
- 1901
- Potential Terms
- Cash, Conventional
- Year Built
- 1908
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Gas Available, Patio
- Other Expenses
- 19546
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $7,374
- Gross Scheduled Income
- $83,888
- Vacancy Rate
- 3
- Gross Adjusted Income
- $83,888
- Tax Year
- 2024
- Insurance Expense
- $4,241
- Total Expenses
- $32,694
- Net Operating Income
- $51,193
- Gross Rent Multiplier
- 12.5
- Cap Rate
- 4.9
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.