210 Washington Avenue S Eatonville, WA $ 1,275,000
210 Washington Avenue S
$ 1,275,000
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210 Washington Avenue S

Eatonville, WA, 98328
$ 1,275,000
Baths0.0 Sq 5,376

Monthly Estimate*

$ 8,474

Listed by Kidder Mathews
210 Washington Avenue S, Eatonville, WA 98328 - Image 1
210 Washington Avenue S, Eatonville, WA 98328 - Image 2
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210 Washington Avenue S, Eatonville, WA 98328 - Image 8
210 Washington Avenue S, Eatonville, WA 98328 - Image 9
210 Washington Avenue S, Eatonville, WA 98328 - Image 10
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210 Washington Avenue S, Eatonville, WA 98328 - Image 12
210 Washington Avenue S, Eatonville, WA 98328 - Image 13
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210 Washington Avenue S, Eatonville, WA 98328 - Image 17
Studio

Multi-Family Home for sale in Eatonville, WA

for $1,275,000. This 5,376 square foot home was built in 1984 on a lot size of 0.4132.

Washington South Apts. is a value-add turn-key community comprised of five 2-Bdrm & one 1-Bdrm units & coin-operated laundry. Currently, under-performing at a 7.0% cap rate, rents can be increased by an average of 13.59%. New windows, exterior paint and full unit remodels were done. All units have oversized decks or patios with unobstructed views of Mt. Rainier. Off-street parking for each unit. Centrally located w/in the downtown corridor of Eatonville offering short walking to grocery, restaurants, & parks. Make 1 or 2 units into Airbnb units for further income increases. Excess land can support an additional 2 to 4 units. Oversized bathrooms allow for possible addition of W/Ds to units. ATTACHED MARKETING PACKAGE IN SUPPLEMENTS.

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Multi-Family Pending

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,740

Style

5-9 Units

Lot Size

0.4132

Year Built

1984

Town/City

Eatonville

County/Region

Pierce

MLS | Web ID

2234960

Features
General
Interior Features Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1984
View Mountain(s) Territorial
Property SubType Multi-Family
Tax Year 2023
County Pierce
Net Operating Income 89251
Insurance Expense 3435
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Energy Efficient Thermal Windows
Subdivision Name Eatonville
Possible Use Multi-Family
Special Listing Conditions None
Status Pending BU Requested
Directions From I-5 take exit 127 for WA-512 toward Puyallup Take Pacific Ave S Exit Left on 352nd St E Right onto Eatonville Cutoff Rd Right onto WA-161 keep straight onto Washington Ave S
City Eatonville
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Eatonville
Open Parking Spaces 10
Total Units 6
MLS Area 125 - Eatonville
Lot Size Square Feet 18000
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Washington
Listing Terms Cash Out Conventional
Tax Annual Amount 7740
Electric Expense 660
Fuel Expense 0
Property Condition Remodeled
Public Remarks Washington South Apts. is a value-add turn-key community comprised of five 2-Bdrm & one 1-Bdrm units & coin-operated laundry. Currently under-performing at a 7.0% cap rate rents can be increased by a
Leasable Area 5376
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry Playground Thermal Windows
Units Below Grade false
Units In Building Total 6
Zoning Class Multi-Family
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 7
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Alley Curbs Open Space Paved Sidewalk
Water Source Community
Total Parking 10
Foundation Details Concrete Ribbon
Building Area Total 5376
Lot Size Acres 0.4132
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Dog Run High Speed Internet
Parking Uncovered Spaces 10
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Internal Only
OriginalMLSID NWM2234960
Street Number 1 210
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* Excluded Features
List By
Brian Richardson

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$9,119
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,474
Monthly Property Taxes
$645
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258802 Elementary School
258598 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$1,275,000 Listed Price

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210 Washington Avenue S, Eatonville, WA, 98328 is a Multi-Family Home for sale at $1,275,000 with 5,376 sqft and a lot size of 0.4132. 210 Washington Avenue S is a studio with 0.0 baths and was built in 1984. The property's zip code is 98328 which is in Eatonville, WA