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JRJeff ReynoldsCompass · Seattle

Listed by Rob Mitchell, Windermere Prof Partners

1
Bedrooms
1
Bathrooms
6,000
Square feet
$115
Per sq ft
Single Family Residence
Type
1970
Year built
10,000 sq ft
Lot
385
Days on market

About this property

****** HIGHLY MOTIVATED SELLER WANT TO SELL***** BRING OFFERS****** This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) PLEASE ALLOW 2 DAYS FOR ANY OFFER. Contract available.

Location & commute

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Directions

Property details

Listing details

Listing number
#2370493
Listed
May 5, 2025
Days on market
385
Price per sq ft
$115
Original list price
$875,000

Unit & building

Building
CHANDLER RETREAT
Unit levels
Two

Parking

Parking
None

Construction

Year built
1970
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Fireplace type
See Remarks

Flooring

Flooring
Hardwood

Appliances

Appliances
See Remarks

Community & building features

Bus line nearby
Yes

Lot

Lot size
10,000 sq ft

Terms

Terms offered
Conventional

Utilities

Water
TACOMA
Sewer
TACOMA
Power
TACOMA

Schools

District
Tacoma
Elementary
Stanley
High
Foss

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • None
  • House
  • Composition
  • Baseboard
  • Electric
  • See Remarks
  • Hardwood
  • Conventional

Listing history

  1. Listed

    $875,000

    May 5, 2025

  2. Current price

    $689,010

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,012

Principal & interest
$3,484
Property tax (est.)
$528

Assumes $137,802 down (20%), a $551,208 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.