Add-on value investment nestled in the heart of Tacoma. Boasting 85% new construction,down to the framing and new trusses, this building has undergone a comprehensive overhaul, fully permitted by the city with energy efficient requirements. Intentionally remains vacant, offering the new owner the flexibility to select tenants of their choice. Pro-forma rents at $2000 and utilities billed back at $150/ unit, this property presents an enticing 6.6% cap rate. Verbal city approval for 2 additional units above a two-car garage next to alley. Residents will delight in the proximity to local dining options just blocks away, as well as the convenience of the nearby light rail system connecting to downtown and commuter trains to neighboring cities.
Property Details
Property Features
Property Information:
Year Built: 1976
Stories: 2
Living Area: 3,146 SqFt
Listing Office:
Office Name: Keller Williams Rty Tacoma
Listing Agent: Brian Thayer
Interior Features
Interior Information:
Flooring Type: Laminate
Interior: Laminate
Exterior Features
Exterior Information:
Exterior: Cement Planked
Lot Features
Lot Information:
Lot: Corner Lot, Curbs, Paved, Sidewalk
Lot Size: 0.14 Acres
School Info
Assigned Schools Information:
Stewart, Public District Grades 6-8
Blix Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From downtown south on McKinley Ave to property on right (corner of McKinley Ave and E Wright Ave).
Price Information
Listing Price Info
Price Summary:
List Price: $1,280,000
Price Per SqFt: $407/SqFt
Tax Information:
Annual Amount: $6,607
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Tacoma, WA.
This property is $816.8K more than the Median Sold Price and $96/SqFt more than other homes in Tacoma, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2215711
Listing Office:
Office Name: Keller Williams Rty Tacoma
Listing Agent: Brian Thayer
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 3:17:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,607
$526,100
2020
$5,948
$526,100
2018
$5,171
$406,400
2017
$5,171
$327,500
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Blix Elementary School
1302 E 38th St
Distance between this listing and this school0.82 miles
Public District Grades PK-5
Middle School
2
/10
Stewart
5010 Pacific Ave
Distance between this listing and this school1.60 miles
Public District Grades 6-8
Assigned Schools
5
/10
Blix Elementary School
1302 E 38th St
Distance between this listing and this school0.82 miles
Public District Grades PK-5
Nearby Schools
3
/10
Roosevelt
3550 E Roosevelt Ave
Distance between this listing and this school1.10 miles
Public District Grades PK-5
5
/10
Lyon
101 E 46th St
Distance between this listing and this school1.20 miles
Public District Grades PK-5
Assigned Schools
2
/10
Stewart
5010 Pacific Ave
Distance between this listing and this school1.60 miles
Public District Grades 6-8
Nearby Schools
2
/10
First Creek Middle School
1801 E 56th St
Distance between this listing and this school1.75 miles
Public District Grades 6-8
2
/10
Angelo Giaudrone Middle School
4902 S Alaska St
Distance between this listing and this school2.27 miles
Public District Grades 6-8
Nearby Schools
2
/10
Lincoln
701 S 37th St
Distance between this listing and this school1.07 miles
Public District Grades 9-12
4
/10
Tacoma School of The Arts
1102 A St
Distance between this listing and this school1.62 miles
Public District Grades 9-12
1
/10
Bates Technical High School
1101 Yakima Ave
Distance between this listing and this school1.81 miles
The neighbors living near this home have an average income of $41,750. The majority of Tacoma, WA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3302 Mckinley Ave
What is the listing price of this property?
The listing price of 3302 Mckinley Ave property is $1,280,000.
What type of property is this?
The property 3302 Mckinley Ave is a house located in Tacoma, Washington, 98404.
Is this property for sale now?
Active Listing: 3302 Mckinley Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3302 Mckinley Ave are: Blix Elementary School: GreatSchools Rating 5/10Stewart: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $6,607 (source: MLS/based on county public records data).
What is the square footage of this property?
The property 3302 Mckinley Ave is 3,146 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3302 Mckinley Ave is 1976.
This home is located at 3302 Mckinley Ave in Tacoma, WA and zip code 98404. This 3,146 square foot home, which was built in 1976, sits on a 0.14 acre lot. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,280,000.
Over 139 listings were sold over their listed price in April 2024 in Tacoma, WA. In the same period over 78 listings were sold below the listed price and 76 listings were sold for the listed price. The inventory of homes for sale in Tacoma, WA between March 2024 and April 2024 increased by 14.3%. In April 2024 median list price was $463,151 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.