Listed by Joel J Ramos, Heaton Dainard, LLC
- 3,648
- Square feet
- $240
- Per sq ft
- Multi Family
- Type
- 1981
- Year built
- 8,800 sq ft
- Lot
- 0
- Days on market
About this property
Outstanding Investment Opportunity! Fully turnkey, extensively updated 4-plex offering immediate rental income and excellent long-term investment potential! Major capital improvements have already been completed, including updated electrical, plumbing, roof, siding, interior finishes, landscaping, and more! All the heavy lifting has been done, providing investors with a low-maintenance, income-producing property. Fully occupied with established tenants and currently rented below market rates, offering excellent potential for future rental growth and increased returns. Each unit features updated finishes, newer appliances, and its own washer and dryer. Additional highlights include secured entry, 4 covered carport spaces, additional uncovered parking, and individual storage units for each tenant. Ideal for seasoned investors looking to expand their portfolio or owner-occupants seeking an opportunity to offset their mortgage with rental income. A rare opportunity to acquire a beautifully updated, income-producing property with significant improvements already completed and excellent upside potential!
Location & commute
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Property details
Listing details
- Listing number
- #2602140
- Listed
- November 7, 2026
- Days on market
- 0
- Price per sq ft
- $240
Unit & building
- Stories in building
- 2
- Units in building
- 4
Homeowners association
- HOA dues
- $2,400 annually
Parking
- Covered spaces
- 4
- Total spaces
- 10
Construction
- Year built
- 1981
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Laminate
Lot
- Lot features
- Paved
- Lot size
- 8,800 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Tacoma
What stands out to you?
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- Laminate
Listing history
Listed
$875,000
November 7, 2026
Derived from current MLS listing fields.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$5,295
- Principal & interest
- $4,424
- Property tax (est.)
- $671
- HOA dues
- $200
Assumes $175,000 down (20%), a $700,000 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 November 7, 2026 at 5:30 PM PST. 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.