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Property profile & analytics
OFF-MARKET
Apartment buildings
4141 6th Ave Tacoma, WA 98406-4032
Entity Owned
12-yr Hold
Free & Clear
Property ID
US90-0056403
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD FRAME
Total area
4,750 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C1
APN
7645000290
UPID
US90-0056403
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mending Connections Psychotherapist
-
Full Spectrum Face + Body Spa & Massage Center Alternative Medicine Practice
-
Kayla Moore Marriage Or Relationship Counselor
-
Mending Connections, PLLC Psychotherapist
-
Anne Mauro Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Urban Place LLC · 12 yrs held
Urban Place LLC
since 2014
7 recorded transactions
Zoning & alternative use
C1 · Tacoma, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tacoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tacoma submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,959
Tax year 2024
Assessed value
$985,600
Assessed 2024
Previous assessed
$985,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$304,900
Assessed improvement
$680,700
Land market value
$304,900
Improvement market value
$680,700
Total market value
$985,600
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
8
Total area
4,750 SF
Lot
0.14 ac (6,000 SF)
Zoning code
C1
APN
7645000290
UPID
US90-0056403
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Tacoma, WA
Zoning C1 · permitted uses
C1 · Tacoma, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tacoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
8
Lot
0.14 ac
Current owner
From public records · entity-resolved
Urban Place LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 2543, GIG HARBOR, WA 98335-4543
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2014
$340,000
Urban Place LLC
First Citizens Bk & Trust Co
Grant Deed
—
Apr 3, 2012
$336,385
First Citizens Bk & Trust Co
Eisenhower Carlson PLLC
Trustees Deed
related
—
Jan 19, 2010
$540,000
David K Wood
Sp Investors LLC
Warranty Deed
$350,000 · Sp Investors LLC
Jun 2, 2004
$500,000
Sp Investors LLC
Gs Lone LLC
Warranty Deed
$93,822 · Gs Lone LLC
Sep 26, 2002
$385,000
Gs Lone LLC
International Funding Group Ll
Grant Deed
$335,000 · International Funding Group Ll
Jul 8, 1999
$265,000
International Funding Group Lc
Diloreto,melvin L & Victoria A
Grant Deed
related
$235,000 · Seller
Jan 21, 1992
$7,500
Diloreto M A Allotta
Unknown
Grant Deed
—
—
—
Sp Investors LLC
—
Deed Of Trust
related
$350,000 · Venture Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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