Tacoma, WA 98408 5435 S M Street
$1,095,000
Pending
31 more
Presented By: Keller Williams Rty Tacoma and NWMLS
- MLS# 2335804
- 03/05/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 7,875
Home Details
Undeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upstairs and mainfloor has 90% office and one additional apartment is on main floor for ADA or special needs. included in building sale are (2) 1-car garage spaces off the alleyway and a lease with T-Mobile for a cell tower as well. Multiple streams of income and opportunities with this one. Partially upgraded in the office area, and updated apartments throughout the years this building is virtually turn key and ready to occupy.
Presented By: Keller Williams Rty Tacoma and NWMLS
Interior Features for 5435 S M Street
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 5435 S M Street
Building Area UnitsSquare Feet
Building NameSouth Tacoma
Cap Rate7.6
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingForced Air
CountyPierce
DirectionsFrom S 56th St, turn onto South M St, property is on the right
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense12000
HOANo
HOA Fee$
HeatingForced Air, Wall Unit(s)
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense5000
Leasable Area8000
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet6375
Lot Size UnitsSquare Feet
MLS Area28 – Central Tacoma
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-07-27T16:31:11.990Z
NWM_ShowMapLinkY
Net Operating Income89200
New ConstructionNo
Number Of Units Total6
Open Parking Spaces4
PossessionClosing
Possible UseCommercial, Multi-Family, Office, See Remarks
Property ConditionVery Good
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksUndeniably one of the best investments out there, this Mixed use two story building is perfect for owner occupant, investor or non profit. Shy 8000 sq feet of space on two levels, 5 apartment units upst
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameSouth Tacoma
Tax Annual Amount6000
Tax Year2025
Units Below Gradefalse
Units In Building Total7
ViewTerritorial
Water CompanyTPU
Water Sewer Garbage0
Year Built1946
Zoning DescriptionCommercial, Multi-Family, Office, See Remarks
Exterior for 5435 S M Street
Building Area Total7875
Covered Spaces2
Exterior AmenitiesCement/Concrete, Stone, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Size Acres0.1463
Parking Uncovered Spaces4
Site FeaturesCable TV, Gas Available
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
Josh QA1
REALTOR ® SRES ®