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Listed by:TS Property Management • Justin Park
$ 749,950
Est. payment | /mo
8 Beds
4 Baths
3,306 SqFt
$ 749,950
Est. payment | /mo
8 Beds
4 Baths
3,306 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,306 sqft
Price per Sqft $226
Subdivision Tacoma
MLS Listing ID 2541857
Style 54 - 4-Plex
Bedrooms 8
Year Built 1986
Lot Size 0.295 Acres
Property Sub-Type Multi Family
Property Description
Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years, creating substantial upside for future ownership. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.
Location
State WA
County Pierce
Area 64 - Parkland/Midland
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Franklin Pierce
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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