Listed by Charles Burnett, Real Broker LLC
- 3,800
- Square feet
- $199
- Per sq ft
- Multi Family
- Type
- 1983
- Year built
- 7,000 sq ft
- Lot
- 159
- Days on market
About this property
Solid, turn-key fourplex offering strong cash flow and rental upside, priced at a 7.75% cap rate. An excellent opportunity for both seasoned investors and owner-occupants looking to house-hack and offset their mortgage with rental income. Each spacious 938 SF unit offers 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace with secure, common entrance. Three units have recently been updated, two with high-end finishes. Recent exterior improvements include paint, doors, and windows. Generous parking lot with reserved spaces. One unit is intentionally vacant, providing access for showings and flexibility for potential owner-occupant buyers. Convenient location close to amenities makes this a high-demand rental with solid performance and future growth potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2531562
- Listed
- May 28, 2026
- Days on market
- 159 (includes a prior listing period)
- Price per sq ft
- $199
Unit & building
- Stories in building
- 2
- Units in building
- 4
Parking
- Total spaces
- 4
Views
- View
- Territorial
Construction
- Year built
- 1983
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileEngineered HardwoodLaminateCarpet
Lot
- Lot size
- 7,000 sq ft
Terms
- Terms offered
- CashConventionalVA Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
What stands out to you?
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- Territorial
- Quadruplex
- Composition
- Baseboard
- None
- Electric
- Ceramic Tile
- Engineered Hardwood
- Laminate
- Carpet
- Cash
- Conventional
Listing history
Listed
$756,500
May 28, 2026
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
$4,405
- Principal & interest
- $3,825
- Property tax (est.)
- $580
Assumes $151,300 down (20%), a $605,200 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.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 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.