Tacoma, WA 98404 1511 E 38th Street # 1-4
$858,000
22 more
Presented By: Keller Williams Rlty Bellevue and NWMLS
- MLS# 2374802
- 05/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,200
Home Details
Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. All units have been previously fully renovated. All new leases within the last year. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023, sewer line replaced 2023. W/D hookups in units. W/D belong to tenants and are not supplied by landlord. Uncovered parking enough for 6 total cars.
Presented By: Keller Williams Rlty Bellevue and NWMLS
Interior Features for 1511 E 38th Street # 1-4
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 1511 E 38th Street # 1-4
Building Area UnitsSquare Feet
Cap Rate7.33
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
Directions5 exit 38th Street, go East to Portland Ave, Left of Portland Ave. Left on first driveway on the Left
Electric Expense
Elementary SchoolBlix Elem
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolLincoln High
High School DistrictTacoma
Insurance Expense1223
Leasable Area3200
Listing TermsCash Out, Conventional, FHA, See Remarks, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet10019
Lot Size UnitsSquare Feet
MLS Area55 – Southeast Tacoma
Middle/Junior High SchoolFirst Creek Mid
ModificationTimestamp2025-05-20T19:24:11.284Z
NWM_ShowMapLinkY
Net Operating Income62969
New ConstructionNo
Number Of Units Total4
Open Parking Spaces6
PossessionClosing
Possible UseMulti-Family, Residential, See Remarks
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksRambler style 4plex. 4 above grade units. All units 2 beds 1 bath. All units have been previously fully renovated. All new leases within the last year. All tenants current on rent. Tenants pay all ut
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameEast Tacoma
Tax Annual Amount8246
Tax Year2025
Unit Number1-4
Units Below Gradefalse
Units In Building Total4
Virtual TourClick here
Water CompanyTPU
Water Sewer Garbage7200
Year Built1979
Zoning DescriptionMulti-Family, Residential, See Remarks
Exterior for 1511 E 38th Street # 1-4
Building Area Total3200
Covered Spaces
Exterior AmenitiesWood Products
Irrigation Water Rights Y/NNo
Lot Dimensions57.50’x163.86′
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.23
Parking Uncovered Spaces6
Site FeaturesCable TV, Deck, High Speed Internet, Patio
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
First Creek Mid
Elementary School
Blix Elem
High School
Lincoln High
Josh QA1
REALTOR ® SRES ®