Listed by Gabe Blake, Blake Investment Advisors
- Multi Family
- Type
- 1950
- Year built
- 9,583 sq ft
- Lot
- 241
- Days on market
About this property
CASH-FLOWING MACHINE REPRICED TO SELL! $9,015 MONTHLY INCOME | PRICE REDUCED to a 7.58% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.
Location & commute
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Property details
Listing details
- Listing number
- #2446398
- Listed
- October 22, 2025
- Days on market
- 241
- Original list price
- $1,050,000
Unit & building
- Stories in building
- 2
- Units in building
- 6
Construction
- Year built
- 1950
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl Plank
Lot
- Lot size
- 9,583 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
What stands out to you?
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- Multi Family
- Composition
- Baseboard
- None
- Electric
- Vinyl Plank
- Cash
- Conventional
- Sewer Connected
Listing history
Listed
$1,050,000
October 22, 2025
Current price
$850,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$4,950
- Principal & interest
- $4,298
- Property tax (est.)
- $652
Assumes $170,000 down (20%), a $680,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM 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.