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Listing Firm: The Foundation Group LLC: Ethan Szmania

Bought With: Westlake Associates, Inc. : Steve Fischer

SOLD On October 8, 2020
NWMLS # 1633789

$735,000

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

614 Upper Park Street , Tacoma, WA 98404

Listings with the three tree icon are courtesy of NWMLS

About This Property

The Upper Park 4 is a well-maintained value-add fourplex in the up and coming McKinley Neighborhood of Tacoma near the Tacoma Dome Station and Park. The property consists of four 2B/1B units that have private patios or decks with a slight view of downtown. Property has been partially updated with one unit getting a full renovation. A new owner could lightly update units to push rents closer to the market rate of $1,325/month which would adjust market cap rate to 7.09% with actual expenses.

Buyer's Agent: Steve Fischer • Westlake Associates, Inc.

Listed by: Ethan Szmania • The Foundation Group LLC

Aris360 Last Checked: Just Now (Jun 07, 2025 01:57 AM)

  • Source: NWMLS as Distributed by MLS Grid #1633789

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Upper Park
  • Zip/Postal Code: 98404
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Tacoma
  • Community
    • 56 - Southeast Tacoma
  • MLS Area
    • 56 - Southeast Tacoma
  • Longitude
    • -122.424145
  • Latitude
    • 47.233668
  • Directions
    • From I-5 take exit 133, Take E D St and E McKinley Way To Upper Park St

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

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Adjacent to Public Land,
    • Cul-De-Sac,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Exterior
    • Wood
  • Site Description
    • Deck,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 6758
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
  • View Description
    • Bay,

  • High School District
    • Tacoma

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5882
  • Year Built
    • 1979
  • Effective Year Built
    • 1992
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 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.

Jun 07, 2025 01:57 AM