James & Angie Smith

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Listing provided courtesy of Better Properties Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2471557MLS Provider

3402 S C StreetTacoma, WA 98418

Multi-Family · 9 Beds · 4,266 Sq. ft. | 0.07 Acres
$2,095,000 Active

3402 S C Street Overview

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Brand new 6 units in excellent rental area! Three large one bedroom/1 bath and three large two bedroom/2 bath units. All units have a washer and dryer. A view of the city from the upper floors. Take advantage of the 8 year tax abatement in place. All three 2 bedroom units are leased and the 1 bedroom income based on area market rental amounts (Proforma). Only a few minutes from downtown, restaurants, the Tacoma Dome, freeways and schools! Walk to the newer Pierce County building. Plenty of street parking.

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3402 S C Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,266
  • Price/Sq.ft. $491
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 2300
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 135600
  • Insurance Expense: 1200
  • Net Operating Income: 127737
  • Total Expenses: 7863
  • Total Monthly Income: 11300
  • Water/Sewer/Garbage: 3000

Building Information

  • New Construction: Yes
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 48 - South Tacoma
  • Subdivision Name: South Tacoma

Community/Development

  • Amenities: Fire Sprinklers,Thermal Windows

Tax Information

  • Tax Annual Amount: $1,363.00
  • Tax Year: 2025

General Information

  • New Construction: Completed
  • Listing Terms: Cash, Conventional
  • Parcel Number: 2084100080
  • Possible Use: Multi-Family
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 4266
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4266
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4266
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Square Feet: 3250
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1400
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1400
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 2200
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2200
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 2300
  • Beds Total: 2
  • Baths Total: 2

3402 S C Street Neighborhood

Community

98418 (Tacoma) Demographics

39
Median Age
5,729
Population Density (per sq. mile)
30%
College Educated
$60,649
Estimated Median Income
2,542
Estimated Total Home Owners
1,505
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3402 S C Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3402 S C Street Market Data

Based on the last 30 days in this zip code

$447,626
Average List Price
$270
Average Price per Square Foot
10
Properties Sold
49
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network