9210 9212 204th Street E, Graham, WA 98338
- $725,000
- 3,168
- SqFt
Listing courtesy of Keller Williams Rty Tacoma.
- List Price
- $725,000
- Status
- ACTIVE
- MLS#
- 2498485
- Price Change
- ▼ $25,000 1783023387
- Days on Market
- 111
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 3,168
- Area Total SqFt
- 3168
- Annual Tax Ammount
- 7343
- Lot Size (sq ft)
- 36,096
- Sewer
- Septic Tank
Property Description
Exceptional investment opportunity featuring a performing duplex plus a detached single-level home. Ideal for house hacking, multi-generational living, or a strong addition to an investment portfolio. Each unit offers 2 bedrooms and 1 bathroom with functional, single-level living. and each has its own private garage. The home is 1240 SF & each side of the duplex is 948 SF. This large lot, nearly an acres in size, presents potential for future development or expansion (buyer to verify), adding additional upside to an already compelling asset. Well water and septic systems help keep operating expenses low, enhancing overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property provides both immediate income and long-term appreciation potential in a desirable location for stable tenancy.
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Additional Information
- List Date
- 2026-04-06 15:13:11
- Community
- Graham
- Net Operating Income
- $45,699
- Gross Adjusted Income
- $57,433
- Gross Scheduled Income
- $60,456
- Total Monthly Income
- $5,038
- Insurance Expenses
- $3,671
- Water/Sewer/Garbage Expenses
- $720
- Gross Rent Multiplier
- 12.8
- Total Expenses
- $11,734
- Cap Rate
- 5.8
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 9210 9212
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
- Energy Source
- Electric, Wood
- School District
- Bethel
- Elementary School
- Rocky Ridge Elem
- Middle School
- Frontier Jnr High
- High School
- Graham-Kapowsin High
- Total Monthly Income
- $5,038
- Gross Scheduled Income
- $60,456
- Vacancy Rate
- 5
- Gross Adjusted Income
- $57,433
- Tax Year
- 2025
- Insurance Expense
- $3,671
- W/S/G Expenses
- $720
- Total Expenses
- $11,734
- Net Operating Income
- $45,699
- Gross Rent Multiplier
- 12.8
- Cap Rate
- 5.8
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.