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Tacoma,WA 98408
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,440 sqft
Price per Sqft $245
Subdivision Se Tacoma
MLS Listing ID 2385372
Style 54 - 4-Plex
Year Built 1965
Annual Tax Amount $3,238
Lot Size 4,600 Sqft
Property Sub-Type Multi Family
Property Description
Situated in a vibrant neighborhood with easy access to shopping, dinings and essentials, this mixed-use property offers an excellent opportunity for any investor! Currently delivering a solid 10% cap rate, the building features five fully rented studio units and additional income from prominent street signage—a source of passive revenue. Its strategic location ensures easy connectivity to major retail hubs and top regional employers, including Joint Base Lewis-McChord (JBLM) and the growing South Sound healthcare sector, driving consistent tenant demand and stable occupancy. Take advantage of Tacoma's affordability, economic momentum, and growing appeal—this is your chance to invest in a rising market with real long-term potential.
Location
State WA
County Pierce
Area 62 - Southeast Tacoma
Exterior
Exterior Feature Brick,Wood,Wood Products
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
Water Community
New Construction No
Schools
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional