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Sold on 07/02/2018

207 Silver Ln SE, Orting, WA 98360

  • $385,000

    Last sold 07/02/2018 after 45 Days

  • —

    bed

  • —

    bath

  • 2,356

    Sqft ($163/Sqft)

House not for sale
Learn about Orting's top local Real Estate agents

About 207 Silver Ln SE

Property type House
Neighborhood
Year built 1995
HOA fee $0/month
Lot size 0.3 Acre
Property description
Now is the opportunity to invest in real estate! Very well maintained duplex in the heart of Orting. New appliances and furnace installed last year. Owner occupy opportunity with possible RV parking. Take advantage of this investment to increase rents to current market values and have tenants pay for utilities to increase cap rate. Rental market in Orting is strong and vacancies are low.
Listed by
Listing Agent - Brian Thayer
Listing Office - Keller Williams Tacoma
Source: NWMLS mls logo
MLS#1292994 • last updated 1 year ago
Movoto checked NWMLS for data 10 minutes ago
Overview
Levels/Style Duplex
MLS # 1292994
SubType Multi-Family
Type Residential Income
SqFt 2356
Status Sold
Lot Size (SqFt) 13000
Lot Size (Acres) 0.2984
Property Tax 3879
Year Built 1995
Buying Office Phone 253-845-5900
HOA Fee Annually
Interior
Exterior
Foundation Poured Concrete
Roof Composition
# Open Parking Spaces 6
# Covered Spaces 2
Parking Desc RV Parking
# Parking Spaces 8
# Uncovered Spaces 6
Exterior Features Wood Products
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Orting
Water Public
Water Company City Of Orting
Power Company PSE
Power Production: Type Natural Gas
Security Features PartiallyFenced
HOA Amenities Thermal Windows
Location
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 051929-7-008
Zoning Multi-Family
Multifamily Details
Net Operating Income 18831
Capitalization Rate 4.8
Expense: Insurance 750
Gross Scheduled Income 27000
Gross Adjusted Income 26460
Total Expenses 7629
Gross Rent Multiplier 14
Nwm_Totalmonthlyincome 2250
Vacancy Rate 2
Lot/ Land Details
Site Features Fenced-Fully, Patio, RV Parking
We are not permitted to show value estimates for this property.
Powered By Movoto
  • May 2018
    mls logo MLS # 1292994
  • May 18, 2018 Listed
    $390,000
  • 207 Silver Ln SE
    $385K
  • 114 - Orting
    —
  • 98360
    $517K -5% y/y
  • Orting
    $518K -4% 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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