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Listing Firm: Gateway Real Estate: Jonathan Watson

Bought With: John L. Scott Mill Creek : Jeff Pearson

SOLD On August 12, 2021
NWMLS # 1791585

$1,155,000

  • Sold Price

624 706 99th Street E, Tacoma, WA 98445

Listings with the three tree icon are courtesy of NWMLS

About This Property

ONE of A KIND 4-Plex consists of the main house plus 3 additional units. 4-Plex built in 2005-on over 1/2 acre in the Midland area. Situated off the main road down a private driveway. The interior and exterior are meticulously maintained by the owners. Virtually no vacancy and easy to rent. Solid 5% cap rate. Below-market rents with big upside! No capital improvement needed here. 50-year roof with a warranty, durable gypsum siding, mature landscaping throughout. Lots of parking for tenants and guests, individual garages for all units. Interiors well maintained and updated. Newer sinks, faucets, lighting, fireplaces, wall heaters, appliances, and more! All units feature private patio space & stamped concrete. Professionally managed complex.

Buyer's Agent: Jeff Pearson • John L. Scott Mill Creek

Listed by: Jonathan Watson • Gateway Real Estate

Aris360 Last Checked: 1 Minute Ago (Jul 21, 2025 01:51 AM)

  • Source: NWMLS as Distributed by MLS Grid #1791585

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 99th
  • Zip/Postal Code: 98445
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Midland
  • Community
    • 64 - Parkland/Midland
  • MLS Area
    • 64 - Parkland/Midland
  • Longitude
    • -122.422284
  • Latitude
    • 47.166486
  • Project
    • South Tacoma Land
  • Directions
    • North or South on Golden Given. West on 99th St E. to address on Southside of Street

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

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 13
  • Lot Description
    • Cul-De-Sac,
    • Curbs,
    • Dead End Street,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Fenced-Fully,Patio,RV Parking
  • Roof
    • Composition,
    • See Remarks,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres
    • 1

  • Covered Spaces
    • 5
  • Condition
    • Very Good,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 30056
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • Sewer Connected,
    • Electric,
  • Parking Description
    • RV Parking,
  • View Description
    • Territorial,

  • High School District
    • Franklin Pierce
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $9841
  • Year Built
    • 2005
  • Effective Year Built
    • 2005
  • Status
    • Sold
  • Project
    • South Tacoma Land

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jul 21 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.

Jul 21, 2025 01:51 AM