About this home

Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

Exterior features

Wood Products

Property details

Heating: Baseboard
Cooling: None
Water source: Public
Sewer: Sewer Connected

Estimate your monthly payment

$3,691/mo

Principal & interest: $3,691

Down payment (20%) $145,990 Interest rate (%) Loan term (years)

Loan amount $583,960

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Tacoma, WA 98404

Approximate location. Contact us to confirm the exact address.

Listing courtesy of TS Property Management— Justin Park.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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