Property profile

5601 Thompson Ave Tacoma, WA 98408

OFF-MARKET
Other apartment buildings
Property ID
US90-0108645
4,760 SF 0.14 ac lot Built 1973
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a two-story apartment building in Tacoma totaling 4,760 square feet, configured with nine one-bedroom, one-bath units and one large studio. It includes exterior security lighting. The building has a dedicated laundry room with coin-operated washer and dryer facilities. Off-street parking includes five parking spots. The location is central with walkable access to shops and grocery stores.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1973
Construction WOOD FRAME
Total area 4,760 SF
Lot 0.14 ac (6,195 SF)
Zoning code R4L
APN 3595000160
UPID US90-0108645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5601 Thompson Ave Tacoma, WA 98408-5651
Tacoma metro Census 63100 SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$660k
Blend (final) Blend
$515k

Owner & transaction history

since 2017
6 recorded transactions
2020
Price N/A
2017
Price N/A
2015
$429,719
2004
$260,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R4L · Tacoma, WA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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