Provided by NWMLS, Listed by Urban Commercial Partners, LLC

Active

4120 109th Street SW

Tacoma WA, 98499

$2,500,000


Active

Multi-family

Built in 1979

The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.

2302122

MLS ID

October 15, 2024

Listed

November 22, 2024

Updated

Map

4120 109th Street SW
Tacoma WA, 98499

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.5 Acres


Exterior Features

Wood, Wood Products


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Lakewood

Other Property Details

Area Name

36 - Lakewood


Taxes

$17,014


Tax Frequency

Annually


Garage

No


Parking Total

14


View

No


County

Pierce


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/23/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/23/2024 at 3:00 AM UTC . 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.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 12/23/2024 at 3:00 AM UTC 

Powered byLuxury Presence