612 N Oakes Street, Tacoma, WA 98406
- $950,000
- 3,200
- SqFt
Listing courtesy of Realogics Sotheby's Int'l Rlty.
- List Price
- $950,000
- Status
- ACTIVE
- MLS#
- 2511533
- Price Change
- ▼ $150,000 1784673687
- Days on Market
- 92
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,200
- Area Total SqFt
- 3200
- Annual Tax Ammount
- 8356
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Four-plex! Located in Tacoma’s desirable North End, this property sits in a well established residential area known for its classic architecture, tree lined streets, and close proximity to local parks, schools, and everyday amenities. The neighborhood features a mix of historic and updated homes built between the late 1800s and early 2000s, contributing to its charming and timeless character. Nearby, residents enjoy access to shopping, dining, and recreation throughout the North End community. Unit one on the main floor has two bedrooms, one bath, a large living room and a bright and cheerful eat-in kitchen. Unit one has easy access to the fully-fenced backyard, four yard storage units and alley parking for 2 cars. Unit two is upstairs to the right, a one bedroom, one bath apartment, ready for some minor touchups. Unit three is also upstairs, another one bedroom, one full bath apartment with an open kitchen and living room. The fourth unit is a two story ADU with a separate entrance from the alley, one bedroom, and one bathroom, the kitchen has tons of storage, the in-unit laundry is on the main floor and the lofted bedroom upstairs makes for a cute and flexible unit. The main house basement is semi-finished, with laundry and storage or studio space. Two of the units are rented by long-term tenants who wish to continue their leases.
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Additional Information
- List Date
- 2026-04-25 17:43:15
- Community
- North Tacoma
- Net Operating Income
- $59,072
- Gross Adjusted Income
- $76,800
- Gross Scheduled Income
- $76,800
- Total Monthly Income
- $2,765
- Insurance Expenses
- $4,584
- Water/Sewer/Garbage Expenses
- $3,852
- Gross Rent Multiplier
- 14.32
- Total Expenses
- $17,728
- Cap Rate
- 5.37
- Total Number of Units
- 4
- Unit Name
- 612
- Potential Terms
- Cash, Conventional
- Year Built
- 1910
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Outbuildings, Patio, Propane
- Electric Expenses
- 936
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,765
- Gross Scheduled Income
- $76,800
- Gross Adjusted Income
- $76,800
- Tax Year
- 2025
- Insurance Expense
- $4,584
- W/S/G Expenses
- $3,852
- Total Expenses
- $17,728
- Net Operating Income
- $59,072
- Gross Rent Multiplier
- 14.32
- Cap Rate
- 5.37
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.