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Listing Firm: Windermere Real Estate/East: Eva Croasdale

Bought With: eXp Realty : Fen Ting Chen

SOLD On June 28, 2023
NWMLS # 2057148

$845,000

  • Sold Price
  • - Beds
  • - Baths
  • 3413 Sq.ft.

1505 E 38th Street #1-4, Tacoma, WA 98404

Listings with the three tree icon are courtesy of NWMLS

About This Property

GREAT INVESTMENT OPPORTUNITY with this turnkey Tacoma Fourplex! Ability to owner occupy with 3 out of 4 units rented. One of the units is month-to-month and the other two have leases with solid tenants. Vacant unit remodeled in 2023 & can command peak rent for area. Remodel included kitchen & bath overhaul with modern white cabinetry/quartz counters & LVP flooring throughout. Extra $1200 a year from coin operated laundry, plus two storage rooms can be rented for extra income. Private and tucked off the street with 6 parking spots. Conveniently located near freeway access, bus lines, City Center, UW Tacoma & more! POTENTIAL TO ASSUME VA LOAN AT 2.25% if Buyer is VA eligible and plans to owner occupy.

Buyer's Agent: Fen Ting Chen • eXp Realty

Listed by: Eva Croasdale • Windermere Real Estate/East

Aris360 Last Checked: 2 Minutes Ago (Aug 03, 2025 10:30 AM)

  • Source: NWMLS as Distributed by MLS Grid #2057148

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 38th
  • Zip/Postal Code: 98404
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Tacoma
  • Community
    • 55 - Southeast Tacoma
  • MLS Area
    • 55 - Southeast Tacoma
  • Longitude
    • -122.408939
  • Latitude
    • 47.223408
  • Directions
    • Corner of 38th and Portland Ave. Private drive entrance off Portland. Last 2 story building at the end of the Cul-de-sac.

  • Interior
    • Laminate Hardwood
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Dead End Street,
    • Paved,
    • Cul-De-Sac,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
    • Remodeled,
  • Water
    • Tacoma Public Utilities
  • Building Total Area (Sq. Ft.)
    • 9467
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
  • View Description
    • Territorial,

  • High School District
    • Tacoma
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2023
  • Structure Type
    • Condominium,
  • Tax Amount
    • $7468
  • Year Built
    • 1980
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 2025 . 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.

Aug 03, 2025 10:30 AM