4120 109th Street SW
Tacoma, WA 98499
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1979 build
More homes
The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.
Last checked:
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Last updated Mar 4, 2025
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MLS# 2302122 —
The Building
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Year Built:1979
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition
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Exterior Features:Wood, Wood Products
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# of Units Total:1
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Stories Total:2
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Building Area Units:Square Feet
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Conventional
Location
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Latitude:47.158296
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Longitude:-122.492753
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Directions:Best to use Navigation.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:6075000120
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Lot Size Units:Square Feet
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Lot Size Acres:0.5005
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Lot Size SqFt:21800
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Lot Size Source:County
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 325-9333
- Office phone:
- (206) 325-9333
Taxes
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Tax Year:2024
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Tax Annual Amount:17014
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard, Forced Air
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:20343
Schools
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High School District:Lakewood
The Community
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Subdivision Name:Lakewood
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Senior Community:false
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Association:false
Parking
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Parking Total:14
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Urban Commercial Partners, LLC. Bought with Urban Commercial Partners, LLC.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/4/25
Mar 4, 2025
|
Sold | NWMLS | $2,300,000 | -8.0% |
2/24/25
Feb 24, 2025
|
Pending | NWMLS | $2,500,000 | |
10/15/24
Oct 15, 2024
|
Listed / Active | NWMLS | $2,500,000 |