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Listing Firm: Skyline Properties, Inc.: Christina M. Costanzo

Bought With: Skyline Properties, Inc. : Purnima Bansal

SOLD On October 12, 2022
NWMLS # 1967533

$875,000

  • Sold Price
  • - Beds
  • - Baths
  • 3341 Sq.ft.

1423 S 5th Street , Tacoma, WA 98405

Listings with the three tree icon are courtesy of NWMLS

About This Property

Conveniently located along the Division Ave. corridor in Tacoma's Historic Wedge District. This two story 8-unit multi-plex is close to hospitals, Wright Park, Stadium District and popular 6th Ave. The building is configured with 5 units ground level and 3 units on the second floor. 4 one bedrooms and 4 studios with 2 of the second-floor units sharing a bathroom. Basement for storage. New Siemen's 200-amp interior main breaker panel & service entrance installed 10/21. Two new 30K BTU gas direct-vent wall furnaces installed in unit 5, 10/21 & in unit 405, 11/21. Roof treatment done 07/21. 6.4 cap Rate includes additional monthly utility billback of $108 per unit. All leases currently month to month.

Buyer's Agent: Purnima Bansal • Skyline Properties, Inc.

Listed by: Christina M. Costanzo • Skyline Properties, Inc.

Aris360 Last Checked: 2 Minutes Ago (Jun 16, 2025 02:33 PM)

  • Source: NWMLS as Distributed by MLS Grid #1967533

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 5th
  • Zip/Postal Code: 98405
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • New Tacoma
  • Community
    • 20 - North Tacoma
  • MLS Area
    • 20 - North Tacoma
  • Longitude
    • -122.458655
  • Latitude
    • 47.257811
  • Directions
    • I5 to city center exit, Schuster Pkwy to Stadium Way, follow to division left on Cushman. Corner of 5th and Cushman. GPS friendly.

  • Interior
    • Forced Air
    • Hardwood
    • Laminate Hardwood
  • Floors
    • Hardwood
    • Laminate
    • Vinyl
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Lot Description
    • Corner Lot,
    • Paved,
    • Sidewalk,
  • 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,
  • Water
    • TPU
  • Building Total Area (Sq. Ft.)
    • 3588
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,

  • High School District
    • Tacoma

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $5913
  • Year Built
    • 1909
  • Effective Year Built
    • 1973
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jun 16 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 16, 2025 02:33 PM