About this home

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

Location

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Basics

Property type: Multi Family
Style: 4-Plex
Stories: 2 stories
Condition: Very Good
Year built: 1978 (renovated 1993)
Building area: 3,332 sq ft
Lot size: 6,350 sq ft (0.15 acres)
County: Pierce
MLS #: NWM2560887

Interior

Heating: Baseboard
Cooling: None
Flooring: Laminate, Carpet

Exterior & lot

Exterior features: Wood Products
Roof: Composition
Foundation: Slab
Lot features: Alley, Curbs, Paved, Sidewalk
View: Territorial
Waterfront: No

Parking

Parking spaces: 5

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric

Community & fees

Subdivision: Tacoma
Property tax: $8,485 (2025)

Transaction

Listed on: Jul 28, 2026
Days on market: 74
Listing terms: Cash, Conventional, FHA, VA Loan
Possession: Closing, See Remarks, Subject To Tenant Rights

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Sale history

Earlier listings of this home on the MLS.

2026-01-07: Sold$865,000
2016-12-09: Sold$439,500

Schools

School district: Tacoma

Elementary: Reed
Middle: Giaudrone Mid Sch
High: Foss High School
Top 98% in WA

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Listing provided courtesy of: Keller Williams Realty PS

Listing agent: Jamie Parker.

Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-14.