Say hello to instant cash flow! This unique property is ideally suited for an investor looking to expand their real estate portfolio. Included are 2 separate attached dwelling units, currently grossing $3770/month. 521 is a 2312sqft manufactured home that includes 3 beds, 2.5 baths, an attached 2-car garage, and a large backyard with a cozy patio and deck. 525 is a 1000sqft stick-built house with 2 beds, 1.75 baths, and recently updated with granite counters, laminate flooring, and newer cabinets throughout. Both units are fully fenced and occupied by long-term tenants.
Sold
Listed by:
Kyle Milton,
Better Homes and Gardens RE PC
Bought with: Keller Williams Rlty Bellevue
$479,750
521 Military Road E, Tacoma, WA 98445
--beds
--baths
3,312sqft
Duplex
Built in 1920
-- sqft lot
$678,600 Zestimate®
$145/sqft
$1,687 Estimated rent
Home value
$678,600
$604,000 - $767,000
$1,687/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2024 at 05:46am
Listed by:
Kyle Milton,
Better Homes and Gardens RE PC
Bought with:
Justin Cambra, 22012176
Keller Williams Rlty Bellevue
Source: NWMLS,MLS#: 2014118
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,312
- Total interior livable area: 3,312 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Forced Air, Heat Pump, Ductless HP-Mini Split, Laminate Hardwood, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.93 Acres
- Features: Paved, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio
Details
- Parcel number: 0319214024
- Special conditions: See Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Cement Planked, Wood Products
- Roof: Composition
Condition
- Good
- Year built: 1920
- Major remodel year: 2006
Utilities & green energy
- Electric: Company: Elmhurst
- Sewer: Sewer Connected, Company: Pierce County
- Water: Individual Well
Community & neighborhood
Location
- Region: Tacoma
- Subdivision: Spanaway
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 838 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2023 | Sold | $479,750-8.6%$145/sqft |
Source:  NWMLS #2014118 Report a problem | ||
| 3/15/2023 | Pending sale | $525,000$159/sqft |
Source: NWMLS #NWM2014118 Report a problem | ||
| 3/10/2023 | Listed for sale | $525,000$159/sqft |
Source: NWMLS #NWM2014118 Report a problem | ||
| 2/24/2023 | Pending sale | $525,000$159/sqft |
Source: NWMLS #NWM2014118 Report a problem | ||
| 2/16/2023 | Price change | $525,000-4.5%$159/sqft |
Source: NWMLS #2014118 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,754 +3.2% | $676,700 +5.8% |
| 2023 | $7,516 -55.1% | $639,700 -7.5% |
| 2022 | $16,727 +113.5% | $691,500 +15.4% |
Find assessor info on the county website
Neighborhood: 98445
Nearby schools
GreatSchools rating
- 5/10Chester H Thompson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Spanaway Junior High SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Spanaway Lake High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Thompson Elem
- Middle: Spanaway Jnr High
- High: Spanaway Lake High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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