Property Details
611 613 S Ainsworth Ave #A/B
Tacoma, WA 98405
$675,000
Pending Feasibility
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Property Overview
INVESTOR SPECIAL! Fourplex on a large lot in a rapidly growing area with strong appreciation, Site features both 1 and 2 bd Apts , This has Endless potential and offers major upside for increased rents , equity or complete redevelopment. This is an amazing opportunity as property is near local shopping , bus lines , light rail and nearby hospital. Fourplex sold as is
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Feasibility
County
Pierce
Neighborhood
Tacoma
Listed
Mar 21, 2026
Financial Summary
Cap Rate
6.52%
Net Operating Income
$44,002
Gross Scheduled Income
$69,600
Gross Rent Multiplier
9.60
Total Expenses
$25,598
Vacancy Rate
100.0%
Building & Use
Building Sq Ft
3,276
Leasable Area
3,276 sqft
Total Units
4
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
5,998 sqft
Year Built
1905
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1905
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood
Location
City
Tacoma
County
Pierce
Coordinates
47.25592, -122.45962
Additional Information
Tax Year
2025
Annual Taxes
$5,892
Possession
Array
