602 S 108th Street

Tacoma, WA 98444

  • Bed

  • Bath

  • 2390 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

$700,000

X

602 S 108th Street

Tacoma 98444

$700000

  • Bed

  • Bath

  • 2390 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 2390

  • Composition

  • 53 - Tri-plex

  • 1950

  • Poured Concrete

Features and Utilities

  • Metal/Vinyl, Wood, Wood Products

  • Public

  • Sewer Connected

  • 3236

Financial

  • 4936

  • Cash Out, Conventional, Rehab Loan

  • 03-06-2025

Comparable Information

  • 60

  • 60

  • Cash Out, Conventional, Rehab Loan

  • $700,000

  • $700,000

  • May 05, 2025 23:23

Schools

Map

Listing courtesy of COMPASS.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 07, 2025 02:28 | Listing last modified May 05, 2025 23:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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