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Listing Firm: Coldwell Banker Bain: Alee Meneses

Bought With: Blackwell Real Estate LLC : Tom King

SOLD On September 11, 2020
NWMLS # 1635443

$615,000

  • Sold Price
  • - Beds
  • - Baths
  • 2840 Sq.ft.

3421 S 43rd Street #1-4, Tacoma, WA 98409-4515

Listings with the three tree icon are courtesy of NWMLS

About This Property

INVESTOR ALERT! Four-plex, turn-key ready and fully occupied, centrally located within 5 minutes of I-5, HWY 16, Sounder Station, and Tacoma Mall. Owner currently pays w/s/g, and there is a separate electrical meter for each unit and the laundry room. CAP rate is currently 5.9% with the owner charging below market rent and paying electricity for laundry room as well. No units have been vacant longer than one week since 2016. Newer roof with warranty, and brand new hot water heaters throughout.

Buyer's Agent: Tom King • Blackwell Real Estate LLC

Listed by: Alee Meneses • Coldwell Banker Bain

Aris360 Last Checked: 2 Minutes Ago (Jun 17, 2025 11:54 AM)

  • Source: NWMLS as Distributed by MLS Grid #1635443

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 43rd
  • Zip/Postal Code: 98409
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Tacoma
  • Community
    • 46 - South Tacoma
  • MLS Area
    • 46 - South Tacoma
  • Longitude
    • -122.481725
  • Latitude
    • 47.218899
  • Directions
    • From South Tacoma Way (southbound), turn left on to S 43rd St. 4-plex will be on the left at corner of S 43rd St and S Puget Sound Ave.

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

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 4
  • Lot Description
    • Corner Lot,
  • Elevation
    • Feet
  • Water Source
    • Community,
  • Exterior
    • Wood Products
  • Site Description
    • Cable TV,High Speed Internet
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 6500
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,

  • High School District
    • Tacoma

  • Possession
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $5194
  • Year Built
    • 1970
  • Effective Year Built
    • 1995
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Tue Jun 17 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 17, 2025 11:54 AM