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3402 S M Street

Tacoma, WA 98418
  • $1,212,500
  • STATUS: Sold
  • ID#: 2314518
Sold - 04/04/2025
$1,212,500
SOLD - 04/04/2025
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,848
    SQFT
  • $207
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.

School Information

Elementary School:
Middle School:
High School:
School District:

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.

Sold by American Dream Realty, LLC.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-27T00:16:16.863. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-27T00:16:16.863. 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.
www.pickettstreetproperties.com/homes/158504826
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3402 S M Street Tacoma, WA 98418

  • Price: $1,250,000
  • Status: Sold
  • On Site: Days
  • ID#: 2314518
0
Beds
0
Baths
0
½ Baths
0.24
Acres
5,848
SQFT
$207
$/SQFT
1967
Built
Neighborhood:
South Tacoma
County:
Pierce
Area:
South Tacoma
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Tacoma
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Open Parking Spaces 6 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 6 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 5848 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylCarpet Heating Baseboard Heating YN Yes Interior Features Wall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Buyer Financing Cash Energy Source Electric Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 45139 New Construction YN No Possession ClosingTenant's Rights Possible Use Multi-FamilyResidential Power Company TPU Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company TPU Site Features Deck Special Listing Conditions None Tax Annual Amount 11185 Tax Year 2024 Units In Building Total 6 Water Company TPU Water Source Public Year Built Effective 1992 Zoning Description Multi-FamilyResidential Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-04-27T00:16:16.863. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-04-27T00:16:16.863. 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.
 
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Pickett Street Properties
1307 N 45th Street Suite 300
Seattle WA, 98103
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Real Broker LLC.
Mortgage Calculator is provided by BoomTown.