Sold948d on market

1004 S 9th Street

Tacoma, WA, 98405 • New Tacoma • Pierce County

$2,175,000

$216/sqft

10,065Sqft

0.15 acLot

1960Built

Property DNA

3 highlights

Territorial Views

Territorial

Central Tacoma

New Tacoma

Outdoor Living

Wall to Wall Carpet

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

948 days on market

Established listing

$216/sqft

Price per square foot

About this home

Multi Family · Built 1960

Calling All Investors! South Ninth Apartments features a total of 13 units with a mix of ten 1 bed/1 bath units, two 2 bed/1 bath units, and a brand new 3 bed/1.5 bath unit. Most units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, updated bathrooms & new interior & exterior paint. Tenants pay for W/S/G via RUBs. On-site laundry room. This is the perfect opportunity to acquire and start collecting rents at a great CAP Rate! Value add opportunity to increase rents! The building is in an excellent location near hospitals, shopping centers, restaurants, stadiums, and the future rail. Sellers looking to do a 1031 Exchange!

Standout features identified

Our analysis highlights shopping centers, new kitchen cabinets, and new interior as key attractions of this home.

Estimated monthly payment

Based on current rates

$13,543/month

Principal & Interest$10,643

Property Tax$2,175

Insurance$725

Down payment20% ($435,000)

3%50%

Est. 6.19% rate · 30yr fixed · $1,740,000 loan

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At a glance

Key facts and listing details

TypeMulti Family

Year Built1960

HeatingBaseboard, Electric

CoolingRadiant

Parking5 Open Parking spaces

Property

Home typeMulti Family

Sub-typeMulti Family

Year built1960

Systems

HeatingBaseboard, Electric

CoolingRadiant

RoofFlat

ConstructionBrick, Wood Siding

Water / SewerCommunity / Sewer Connected

Parking & Outdoor

ParkingOpen

Lot6,499 sqft

Location & Tax

NeighborhoodNew Tacoma

Annual tax$17,853

Parcel2009200010

Features & details

8 categories of property features

Interior Features

Flooring

Vinyl Plank

Carpet

Heating

Baseboard

Electric

Cooling

Radiant

Exterior Features

Parking

Open

Construction

Brick

Wood Siding

Patio & Porch

Wall to Wall Carpet

Lot Features

Curbs

Paved

Sidewalk

Fenced-Partially

Views

Territorial

Listing insights

Market data and value estimates

StatusSold

Days on market948

Est. value$2,574,700

Est. rent$1,368/mo

Tax rate0.88%

Price/sqft$216

On marketJul 24, 2023

PostedMay 5, 2023

Last sold$2,175,000

MLS statusSold

MLS updatedSep 5, 2024

Tour days6

How are the schools in Tacoma?

3 schools rated nearby

Edna Travis Elementary

Primary • Public • PK-5

0.9 mi

Hilltop Heritage Middle School

Middle • Public • 6-8

0.7 mi

Stadium High School

High • Public • 9-12

0.9 mi

Location

Tacoma, WA, 98405

Expand map

Price history

6 events

DateEventPrice$/sqftSource

Sep 1, 2023Sold$2,175,000$216NWMLS as distributed by MLS GRID

Jun 15, 2023Pending Sale$2,249,999$224NWMLS as distributed by MLS GRID

May 5, 2023Listed For Sale$2,249,999$224NWMLS as distributed by MLS GRID

Jun 2, 2022Listing Removed——Zillow Rental Network Premium

Mar 11, 2022Listed For Rent$1,150—Zillow Rental Network Premium

Jul 31, 2020Sold$1,624,340$161NWMLS as distributed by MLS GRID

Sold$2,175,000

Sep 1, 2023•$216/sqft•NWMLS as distributed by MLS GRID

Pending Sale$2,249,999

Jun 15, 2023•$224/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$2,249,999

May 5, 2023•$224/sqft•NWMLS as distributed by MLS GRID

Listing Removed—

Jun 2, 2022•Zillow Rental Network Premium

Listed For Rent$1,150

Mar 11, 20220•Zillow Rental Network Premium

Sold$1,624,340

Jul 31, 2020•$161/sqft•NWMLS as distributed by MLS GRID

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Neighborhood details

Local context around this listing

Tacoma, WA • Pierce County

Nearby neighborhoods

Browns PointCentralDash PointEastside-ENACTNew TacomaNorth EndNortheast TacomaSouth EndSouth TacomaWest End

Nearby cities

Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway

Nearby zip codes

98403984049840598406984079840898409984189842298444

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Value estimates

Live

Est. value$2,574,700

Est. rent$1,368/mo

30yr rate est.6.19%

Affordability$13,113/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-07 09:53:36 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. [Click here for more information](/mls-disclaimers/#39)

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