Listed by Windermere Prof Partners
$899,950

Estimated payment $5,857/month

Total Views 1,137
8 Beds
4 Baths
3,672 Sq Ft
$245 Price per Sq Ft

Highlights

  • Deck
  • Patio
  • High Speed Internet
  • Territorial View
  • Baseboard Heating
  • Partially Fenced Property

About This Home

Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).

Listing Agent

Greg Devey

Windermere Prof Partners License #135148 Listed on: 09/08/2026

Windermere Prof Partners

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2578180

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1979

Lot Details

  • 11,640 Sq Ft Lot
  • Partially Fenced Property

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5554000050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,013

Year Built

Built in 1979

Lot Details

0.27 Acres

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • MLS Status: Active
  • Standard Status: Active
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 3672
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Playground

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Slab

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 10

Utilities

  • Sewer: Available, Sewer Connected
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 5554000050
  • Lot Size Acres: 0.2672
  • Lot Size Sq Ft: 11640
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Matrix

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 12.12
  • LeasedItems: None
  • TotalMonthlyIncome: 6981

Tax Info

  • Year: 2026
  • Tax Annual Amount: 9013

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2954
  • EnergySource: Electric,Wood
  • UnitsBelowGrade: false

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,970 $802,800 $224,500 $578,300
2025 $8,603 $827,600 $236,400 $591,200
2024 $8,603 $824,700 $228,500 $596,200
2023 $8,603 $773,500 $218,500 $555,000
2022 $7,637 $736,100 $215,900 $520,200
2021 $6,746 $537,200 $118,500 $418,700
2019 $5,179 $455,100 $95,400 $359,700
2018 $5,601 $398,700 $83,300 $315,400
2017 $5,068 $354,800 $63,400 $291,400
2016 $4,115 $277,000 $45,100 $231,900
2014 $3,987 $236,800 $43,700 $193,100
2013 $3,987 $199,900 $40,900 $159,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2016 06/30/16 Sold $375,000 -1.3% $102 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $379,950 -- $103 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $374,719 First American Title Ins Co
Warranty Deed $394,200 First American Title Ins Co
Warranty Deed $275,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Warranty Deed $183,816 First American Title
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $281,250 Commercial
Previous Owner $276,500 Commercial
Previous Owner $247,500 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2578180

Northwest Multiple Listing Service (NWMLS)

APN: 555400-0050

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