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JRJeff ReynoldsCompass · Seattle

Listed by Jesse Nelson, Terrafin

4,936
Square feet
$290
Per sq ft
Multi Family
Type
2006
Year built
5,418 sq ft
Lot
69
Days on market

About this property

$30,000 offered for buyer closing costs and rate buy down. Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

Location & commute

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Directions

Property details

Listing details

Listing number
#2518189
Listed
May 5, 2026
Days on market
69
Price per sq ft
$290
Original list price
$1,499,000

Unit & building

Stories in building
2
Units in building
4

Parking

Covered spaces
4
Total spaces
8

Views

View
Territorial

Construction

Year built
2006
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileVinylVinyl PlankCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
5,418 sq ft

Terms

Terms offered
AssumableConventionalFHAVA Loan

Utilities

Water
TPU
Sewer
TPU
Power
TPU

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.

  • Territorial
  • Quadruplex
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Ceramic Tile
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Curbs
  • Paved

Listing history

  1. Listed

    $1,499,000

    May 5, 2026

  2. Current price

    $1,429,000

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

$8,322

Principal & interest
$7,226
Property tax (est.)
$1,096

Assumes $285,800 down (20%), a $1,143,200 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 14, 2026 at 12:15 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.