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Marius Ion

602 S 108th Street

$700,000 602 S 108th Street, Tacoma, WA 98444
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.
  • For Sale
    Status
  • 1950
    Year Built
  • 2,390 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 2,390 Sq.Ft.
  • Lot Size: 0.29 Acres
  • MLS® ID: 2339341
  • Type: Multi-Family
  • Year Built: 1950
  • School District: Franklin Pierce

Interior

  • Flooring: Vinyl, Carpet

Exterior & Building

  • Stories: 1
  • Water Source: Public
  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved
  • Parking: RV Parking
  • Heat Type: Forced Air
  • Air Conditioning: Forced Air
  • Sewer: Sewer Connected
  • Substructure: Poured Concrete
  • Other Exterior Features: Metal/Vinyl, Wood, Wood Products

Financial

  • Sales Price: $700,000
  • Real Estate Tax: $4,936/yr

602 S 108th Street

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