3402 S C Street, Tacoma, WA 98418

$2,000,000
4,266
SqFt

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Listing courtesy of Better Properties Real Estate.

List Price
$2,000,000
Status
ACTIVE
MLS#
2471557
Price Change
▼ $95,000 1784240794
Days on Market
158
Style
55 - 5-9 Units
Building Condition
Very Good
Finished SqFt
4,266
Area Total SqFt
4266
Annual Tax Ammount
1363
Lot Size (sq ft)
3,250
Sewer
Sewer Connected

Property Description

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.

Additional Information

List Date
2026-02-18 17:43:11
Community
South Tacoma
Net Operating Income
$128,937
Gross Adjusted Income
$128,937
Gross Scheduled Income
$136,800
Total Monthly Income
$11,300
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$3,000
Total Expenses
$7,863
Cap Rate
6.4
Total Number of Units
6
Unit Name
3402
Potential Terms
Cash, Conventional
Year Built
2024
View
Mountains, Partial, Sound
Roof
Composition
Other Expenses
2300
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$11,300
Gross Scheduled Income
$136,800
Gross Adjusted Income
$128,937
Tax Year
2025
Insurance Expense
$1,200
W/S/G Expenses
$3,000
Total Expenses
$7,863
Net Operating Income
$128,937
Cap Rate
6.4
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.
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