Listed by Jesse Nelson, Terrafin
- 4,936
- Square feet
- $279
- Per sq ft
- Multi Family
- Type
- 2006
- Year built
- 5,418 sq ft
- Lot
- 177
- Days on market
About this property
If you like cashflow each month this 4-plex is for you!! VA ASSUMABLE RATE at 5.75% to ALL BUYERS. 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
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the South Tacoma area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2518189
- Listed
- May 5, 2026
- Days on market
- 177
- Price per sq ft
- $279
- 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
Listed
$1,499,000
May 5, 2026
Current price
$1,374,900
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
$8,006
- Principal & interest
- $6,952
- Property tax (est.)
- $1,054
Assumes $274,980 down (20%), a $1,099,920 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 29, 2026 at 6:00 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.