705 N 2nd St, Tacoma, WA 98403

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Listing Broker: Real Broker LLC; Coleton Alexander Pantley; 425-765-7552; c.pantley@mcconnellgroup.com

List Price
$600,000
Status
ACTIVE
MLS#
2599745
Style
52 - Duplex
Finished SqFt
3,420
Area Total SqFt
3420
Annual Tax Ammount
8248.49
Lot Size (sq ft)
2,400
Sewer
Sewer Connected

Property Description

Prime Stadium District property located in one of Tacoma's most vibrant and walkable historic neighborhoods! This vintage turn-of-the-century building features versatile living spaces with timeless architectural details, original trim, and rich character throughout. Flexible floor plan layout offers high-density living options. Unbeatable central location just blocks from Stadium High School, Wright Park, local dining, coffee shops, and the T-Line Light Rail Extension. Minutes to downtown Tacoma, UW Tacoma, regional hospitals, and Ruston Way. Exceptional chance to own in a premier North End location with fantastic long-term value!

Additional Information

Community
North Tacoma
Net Operating Income
$32,214
Gross Adjusted Income
$43,719
Gross Scheduled Income
$46,020
Total Monthly Income
$3,835
Insurance Expenses
$1,389
Water/Sewer/Garbage Expenses
$1,389
Gross Rent Multiplier
13.03
Total Expenses
$13,804
Cap Rate
5.37
Vacancy Rate
5
Total Number of Units
2
Unit Name
705
Potential Terms
Cash, Conventional
Year Built
1900
Roof
Composition
Electric Expenses
1389
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$3,835
Gross Scheduled Income
$46,020
Vacancy Rate
5
Gross Adjusted Income
$43,719
Tax Year
2026
Insurance Expense
$1,389
W/S/G Expenses
$1,389
Total Expenses
$13,804
Net Operating Income
$32,214
Gross Rent Multiplier
13.03
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.

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