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234 S 70th Street , 1-5

Tacoma, WA 98408
  • $2,260,000
  • STATUS: Active
  • ID#: 2418718
UPDATED: 102 min ago
$2,260,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,860
    SQFT
  • $386
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of eXp Realty.
Mortgage Calculator is provided by BoomTown.

Description

Assumable loan of 4.4% four years left on a 7 year commercial loan, 9 years left on tax exemption for this turn Key fiveplex with great cash flow makes an attractive investment. Town house style, with two covered parking spaces for each unit. Each townhome is three stories with two primary bedrooms, full baths plus another half bath, open concept kitchen/ family rooms with powder room for guests. Short distance to Wapato Park and stores. No maintenance, NO HOA building makes this property a great long term rental. You won't regret this.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-07T00:15:59.103. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-07T00:15:59.103. 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.
www.iconrealestategroup.com/homes/166755738
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234 S 70th Street , 1-5 Tacoma, WA 98408

  • Price: $2,260,000
  • Status: Active
  • On Site: Days
  • Updated: 102 min ago
  • ID#: 2418718
0
Beds
0
Baths
0
½ Baths
0.15
Acres
5,860
SQFT
$386
$/SQFT
2022
Built
Neighborhood:
Se Tacoma
County:
Pierce
Area:
Southeast Tacoma
School District:
Tacoma
Property Description
Assumable loan of 4.4% four years left on a 7 year commercial loan, 9 years left on tax exemption for this turn Key fiveplex with great cash flow makes an attractive investment. Town house style, with two covered parking spaces for each unit. Each townhome is three stories with two primary bedrooms, full baths plus another half bath, open concept kitchen/ family rooms with powder room for guests. Short distance to Wapato Park and stores. No maintenance, NO HOA building makes this property a great long term rental. You won't regret this.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 5 Exterior Features Wood Open Parking Spaces 0 Open Parking YN No Parking Total 5 Parking Uncovered Spaces 0 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View City View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 5860 Cooling DuctlessHeat Pump Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring See RemarksVinyl PlankCarpet Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Block Irrigation Water Rights YN No Listing Terms AssumableCash OutConventionalVA Loan Net Operating Income 127780 New Construction YN No Possession Closing Possible Use Commercial Power Company TPU Power Production Type Electric Property Sub Type Multi Family Senior Community YN No Sewer Available Sewer Company TPU Special Listing Conditions None Tax Annual Amount 2648 Tax Year 2025 Units In Building Total 5 Water Company Tacoma Water Source Public Year Built Effective 2022 Zoning Description Commercial



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-12-07T00:15:59.103. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-12-07T00:15:59.103. 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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Icon Group
11223 SE 248th Street
Kent WA, 98030
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of eXp Realty.
Mortgage Calculator is provided by BoomTown.