5201 - 5215 S Orchard Street · Tacoma, WA 98467
Source: NWMLS · VPMG Property Management · Avenir Gedarevich #NWM2495107
About this home
Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 2 stories
- Condition
- Good
- Year built
- 1981
- Building area
- 18,000 sq ft
- Lot size
- 63,160 sq ft (1.45 acres)
- County
- Pierce
- MLS #
- NWM2495107
Interior
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Vinyl, Carpet
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Dead End Street, Open Space, Paved, Sidewalk
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 40
- Garage
- 20
- Covered spaces
- 20
Utilities
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Manitou
- Property tax
- $49,534 (2025)
Transaction
- Listed on
- Mar 31, 2026
- Days on market
- 173
- Listing terms
- Cash, Conventional
- Possession
- Subject To Tenant Rights
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-06-15
- Sold$720,000
Schools
School district: Tacoma
- Elementary
- Manitou Park
- Middle
- Gray
- High
- Foss High SchoolTop 98% in WA
Listing provided courtesy of: VPMG Property Management
Listing agent: Avenir Gedarevich.
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 2026-09-17.