105 E 96th Street, Tacoma, WA 98445

$1,099,000
2,936
SqFt

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Listing courtesy of Skyline Properties, Inc..

List Price
$1,099,000
Status
ACTIVE
MLS#
2517607
Days on Market
259
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,936
Area Total SqFt
2936
Annual Tax Ammount
3287
Internet Provider
Comcast
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.

Additional Information

List Date
2025-11-11 17:31:14
Community
Larchmont
Net Operating Income
$80,512
Gross Adjusted Income
$92,400
Gross Scheduled Income
$92,400
Total Monthly Income
$7,700
Insurance Expenses
$1,581
Water/Sewer/Garbage Expenses
$7,020
Gross Rent Multiplier
11.9
Total Expenses
$11,888
Cap Rate
7.3
Total Number of Units
3
Unit Name
105
Potential Terms
Assumable, Conventional, See Remarks, VA Loan
Year Built
1986
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio
Energy Source
Electric
School District
Tacoma
Elementary School
Larchmont
Middle School
Baker
High School
Mt Tahoma
Total Monthly Income
$7,700
Gross Scheduled Income
$92,400
Gross Adjusted Income
$92,400
Tax Year
2025
Insurance Expense
$1,581
W/S/G Expenses
$7,020
Total Expenses
$11,888
Net Operating Income
$80,512
Gross Rent Multiplier
11.9
Cap Rate
7.3
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.
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