James & Angie Smith

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Listing provided courtesy of KW Greater SeattleNWMLSas Distributed by MLSGrid- MLS# NWM2324610MLS Provider

5601 S Thompson AvenueTacoma, WA 98408

Multi-Family · 9 Beds · 4,760 Sq. ft. | 0.14 Acres
$1,285,000 Active

5601 S Thompson Avenue Overview

Visits:
15

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

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5601 S Thompson Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,760
  • Price/Sq.ft. $270
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Mann
  • Middle Or Junior School: Giaudrone Mid Sch
  • High School: Mt Tahoma

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 5332
  • Electric Expense: 1223
  • Fuel Expense: 0
  • Gross Scheduled Income: 133200
  • Insurance Expense: 8148
  • Net Operating Income: 87373
  • Total Expenses: 39167
  • Total Monthly Income: 11100
  • Water/Sewer/Garbage: 11262

Building Information

  • New Construction: No
  • Year Built: 1973

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 52 - South Tacoma
  • Subdivision Name: South Tacoma

Community/Development

  • Amenities: Coin Op Laundry,Thermal Windows

Tax Information

  • Tax Annual Amount: $13,202.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 3595000160
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 4760
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4760
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4760
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Uncovered Spaces: 5

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Secluded
  • Lot Size Acres: 0.1422
  • Lot Size Dimensions: 120' x 54' x 120' x 55'
  • Lot Size Square Feet: 6195
  • Lot Size Units: Square Feet
  • Site Features: Cable TV
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 10
  • Sewer: Sewer Connected

Unit Information

Unit 5 Details

  • Actual Rent: 900
  • Beds Total: 0
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 975
  • Beds Total: 1
  • Baths Total: 1

5601 S Thompson Avenue Neighborhood

Community

98408 (Tacoma) Demographics

37
Median Age
6,035
Population Density (per sq. mile)
32%
College Educated
$58,961
Estimated Median Income
4,817
Estimated Total Home Owners
3,163
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
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.

5601 S Thompson Avenue 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.

5601 S Thompson Avenue Market Data

Based on the last 30 days in this zip code

$445,716
Average List Price
$274
Average Price per Square Foot
34
Properties Sold
49
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network