Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tacoma at 1515 Dock Street #609, Tacoma, WA, 98402 offers a 6.37% rental yield on a $485,000 purchase with $2,573/mo rent. 09% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 67.6% and total cumulative return in cash at $108,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,573/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$548 monthly HOA
Neighborhood data shown for ZIP Code: 98402, Tacoma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,421 (100%) |
| Owner Occupied HU | 388 ( 7.2%) |
| Renter Occupied HU | 4,085 (75.4%) |
| Vacant Housing Units | 948 (17.5%) |
| Median Home Value | $587,248 |
| Average Home Value | $633,022 |
Residential
5,028
Single Family
1,034
Multi-Family
3,994
Businesses
1,122
Date | Event | Price |
|---|---|---|
| 2025-09-08 | Listing removed | $2,200 |
| 2025-08-25 | Price change | $2,200 |
| 2025-08-12 | Listed for rent | $2,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $4349.32 | -2.20% | $399,300 | N/A |
| 2023-10-28 | $4447.10 | 7.19% | $399,300 | N/A |
| 2022-10-28 | $4148.84 | 4.14% | $399,300 | 15.01% |
Listed by: Karen Kostner • RE/MAX Northwest
Mls Name: NWMLS
Mls Provider:
Mls ID: #2021269
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 04:09:30 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
