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Sold on 04/13/2018

205 Silver Ln SE, Orting, WA 98360

  • $482,000

    Last sold 04/13/2018 for $425K

  • —

    bed

  • —

    bath

  • 3,052

    Sqft ($139/Sqft)

House not for sale
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About 205 Silver Ln SE

Property type House
Neighborhood
Year built 1995
HOA fee $0/month
Lot size 0.43 Acre
Movoto estimate
Property description
Investor alert! Large town-home style duplex home in the heart of Orting, traditional floor plan, new appliances, quite location, Upside to this attractive property by increasing the current low rents to market value and rent out the 4 car detached garage. Partition off the stalls inside the garage and rent out each one for a estimate of $150 a stall. Good opportunity to owner occupy this home. Seller has additional duplex across the street,MLS #1221223 buy one or both for a smart investment.
Listed by
Listing Agent - Brian Thayer
Listing Office - Keller Williams Tacoma
Source: NWMLS mls logo
MLS#1220527 • last updated 1 year ago
Movoto checked NWMLS for data 23 minutes ago
Overview
Levels/Style Duplex
MLS # 1220527
SubType Multi-Family
Type Residential Income
SqFt 3052
Status Sold
Lot Size (SqFt) 18621
Lot Size (Acres) 0.4275
Property Tax 4997
Buying Office Keller Williams Realty PS
Year Built 1995
Buying Office Phone 253-835-4500
Condition Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
# Open Parking Spaces 4
# Covered Spaces 6
Parking Desc RV Parking
# Parking Spaces 10
# Uncovered Spaces 4
Exterior Features Wood Products
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Natural Gas
Security Features PartiallyFenced
HOA Amenities Thermal Windows
Location
View Mountain(s)
County Pierce
Subdivision Orting
Area 114 - Orting
Elementary School Orting Primary Sch
Middle School Orting Mid
High School District Orting
High School Orting High
APN 519297009
Zoning Multi-Family
Multifamily Details
Net Operating Income 25895
Capitalization Rate 6
Expense: Insurance 1342
Gross Scheduled Income 36540
Gross Adjusted Income 35810
Total Expenses 9915
Nwm_Totalmonthlyincome 3045
Vacancy Rate 2
Lot/ Land Details
Site Features Fenced-Fully, RV Parking
$482K
Range: $404K-$559K
Last 30 days 
Rental est.: $3,495/month
Gross rent multiplier: 10.1
Powered By Movoto
  • Feb 2018
    mls logo MLS # 1220527
  • Feb 28, 2018 Price Change
    $425,000 (-4.5%)
  • Feb 6, 2018 Price Change
    $445,000 (-2.2%)
  • Nov 25, 2017 Listed
    $455,000
  • 205 Silver Ln SE
    $425K
  • 114 - Orting
    —
  • 98360
    $517K -8% y/y
  • Orting
    $518K -8% y/y
No chart available
Statistics calculated by Movoto

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4/10
Orting Elementary School
public Grades PK, K-3
Orting School District
3/10
Ptarmigan Ridge Elementary School
public Grades K-5
Orting School District
4/10
Orting Middle School
public Grades 6-8
Orting School District
5/10
Orting High School
public Grades 9-12
Orting School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 114 - Orting

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