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JRJeff ReynoldsCompass · Seattle

Listed by Ryan D Meacham, Windermere Prof Partners

3,350
Square feet
$343
Per sq ft
Multi Family
Type
2026
Year built
3,000 sq ft
Lot
62
Days on market

About this property

New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes, and offering the significant advantage of a 12-year property tax abatement with land-value only taxes (2026 is $1782/yr). Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes: Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package. Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems. Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers. Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths. With a strong $7,800/month income stream and long-term property tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location in Downtown Tacoma near restaurants, breweries, businesses, the Link, UW Tacoma, the Tacoma Convention Center, etc.

Location & commute

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Directions

Property details

Listing details

Listing number
#2489726
Listed
March 19, 2026
Days on market
62
Price per sq ft
$343
Original list price
$1,199,950

Unit & building

Unit
A-D
Stories in building
3
Units in building
4

Parking

Total spaces
2

Views

View
BayCityMountainsTerritorial

Construction

Year built
2026
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition
New construction
Yes

Heating & cooling

Heating
DuctlessWall Furnace
Cooling
Ductless
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot features
AlleyCurbsPavedSidewalk
Lot size
3,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
TPU
Sewer
TPU
Power
TPU (tenant bill)

Schools

District
Tacoma

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Bay
  • City
  • Mountains
  • Territorial
  • Quadruplex
  • Composition
  • Ductless
  • Wall Furnace
  • Electric
  • Vinyl Plank
  • Alley
  • Curbs

Listing history

  1. Listed

    $1,199,950

    March 19, 2026

  2. Current price

    $1,149,950

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

$6,697

Principal & interest
$5,815
Property tax (est.)
$882

Assumes $229,990 down (20%), a $919,960 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM 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.