$700,000

602 S 108th Street, Tacoma, WA 98444

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

This listing courtesy of Lisa Le, COMPASS

Seize an exceptional investment opportunity with this fully occupied triplex, currently operating as transitional housing and generating an impressive $43,661 in annual NOI. Situated on a large corner lot, the property features three standalone units: a 3-bed/1-bath unit (1,150 SF), a 2-bed/1-bath unit (660 SF), and a 1-bed/1-bath unit (550 SF). The spacious lot provides generous outdoor space, ideal for tenant gatherings, recreational use, or potential future development with an appealing NMSF zoning. With stable occupancy and mission-aligned operations in place, this is a rare chance to acquire a high-performing, socially impactful asset offering reliable income and long-term potential.

Listing Status:
Pending
Listing Office:
COMPASS : 425-242-6440
Listing Agent:
Lisa Le : 425-242-6440
MLS ID:
2339341

This listing courtesy of Lisa Le, COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Christensen Elementary School

10232 Barnes Ln S, Tacoma, WA, 98444

Grades KG-5

0.42 miles away

K

Keithley Middle School

12324 12th Ave S, Tacoma, WA, 98444

Grades 6-8

1.12 miles away

W

Washington High School

12420 Ainsworth Ave S, Tacoma, WA, 98444

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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