Tacoma, WA 98408 1301 S 54th Street
$799,950
28 more
Presented By: Windermere Central Sound and NWMLS
- MLS# 2369676
- 05/02/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,720
Home Details
Classic 60’s rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they’re well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you’ve got a building well positioned for low maintenance renting for the next 20 years. The garage spaces are a bonus – rent them individually or consider converting them into an additional apartment or two. Conveniently located on a bus line, close to I5, and walking distance from the emerging retail corredor that is S 56th St. Hear that? That’s the sound of opportunity knocking.
Presented By: Windermere Central Sound and NWMLS
Interior Features for 1301 S 54th Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 1301 S 54th Street
AmenitiesCoin Op Laundry, Storage, Thermal Windows
Building Area UnitsSquare Feet
Cap Rate5.56
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingDuctless, None
CountyPierce
DirectionsFrom I5 – take the S 56th St exit and head east to S M St – left on S M – 2 blocks to building on the left.
Electric Expense
Elementary SchoolMann
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Ductless
High SchoolLincoln High
High School DistrictTacoma
Insurance Expense3000
Leasable Area2720
Listing TermsCash Out, Conventional, FHA, Owner Financing, VA Loan
Lot Size Square Feet6250
Lot Size UnitsSquare Feet
MLS Area51 – South Tacoma
Middle/Junior High SchoolGiaudrone Mid Sch
ModificationTimestamp2025-09-15T19:28:11.598Z
NWM_ShowMapLinkY
Net Operating Income49413
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0
PossessionClosing
Possible UseCommercial
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksClassic 60’s rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they’re well built & the units have great, functional layouts. This one is no exception, w/timeless style
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameSouth Tacoma
Tax Annual Amount9209
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyTPU
Water Sewer Garbage10378
Year Built1969
Zoning DescriptionCommercial
Exterior for 1301 S 54th Street
Building Area Total2720
Covered Spaces4
Exterior AmenitiesBrick
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Corner Lot, Curbs, Paved, Sidewalk
Lot Size Acres0.1435
Parking Uncovered Spaces0
Site FeaturesCable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Giaudrone Mid Sch
Elementary School
Mann Elementary School
High School
Lincoln High
Josh QA1
REALTOR ® SRES ®