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3841 S Park Avenue, Tacoma, WA, 98418

8beds
6baths
0sqft
$1,020,000
--price/sqft
$6,520/moest. monthly cost
$260,800/yrincome needed

About This Home

6.37% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Originally built in 1950 and fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

3/10
Whitman Elementary SchoolGrades PK-50.3 mi
2/10
2/10
Lincoln High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Composition
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2008

Type & Style

  • Home type: MultiFamily
  • Architectural style: 5-9 Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6

Features

  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 7470034270
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 9,583 sqft