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Listing Firm: Great NW Real Estate LLC: Lynn Lackey

Bought With: Professional Realty Services : Donna Rudebaugh

SOLD On November 17, 2022
NWMLS # 1943933

$520,000

  • Sold Price
  • - Beds
  • - Baths
  • 2472 Sq.ft.

710 S 40th Street , Tacoma, WA 98418-4944

Listings with the three tree icon are courtesy of NWMLS

About This Property

Income Producing 4 Plex. Main house and Unit B & C vacant w/big upside for improvements and increased rent. Main house (4 bed/1 ba); a Duplex, (each has 1 bd/1 ba); and 1 Cottage (1 bd/ 1 ba). All units were previously rented to long term tenants. Seller terminated leases due to sale that fell through. New roof on 3 units. One side of duplex (Unit A) is totally remodeled new wiring & plumbing, currently occupied. All units separately metered. Next owner can rent as-is or make improvements for higher rents/CAP rate. Laundry in 3 units. Access to Units A-C is shared driveway to back of house. Quiet and private. Plenty of uncovered parking. Area has high rental demand. Solid 6 CAP as is. This is the one you've been looking for!

Buyer's Agent: Donna Rudebaugh • Professional Realty Services

Listed by: Lynn Lackey • Great NW Real Estate LLC

Aris360 Last Checked: 4 Minutes Ago (Jul 10, 2025 04:21 AM)

  • Source: NWMLS as Distributed by MLS Grid #1943933

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 40th
  • Zip/Postal Code: 98418
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Tacoma
  • Community
    • 59 - Southeast Tacoma
  • MLS Area
    • 59 - Southeast Tacoma
  • Longitude
    • -122.441294
  • Latitude
    • 47.220404
  • Directions
    • From I-5 go east on 38th St Exit to 'G' st south to 40th on left side. Alley leads to Units A-C, parking to the right behind Main house.

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

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Fenced-Partially
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 8885
  • Utilities
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,

  • High School District
    • Tacoma
  • Jr. High School
    • Stewart
  • Elementary School
    • Whitman
  • High School
    • Lincoln High

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Condominium,
  • Tax Amount
    • $4788
  • Year Built
    • 1900
  • Effective Year Built
    • 1958
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Thu Jul 10 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 10, 2025 04:21 AM