Opportunity to acquire a 5-unit multifamily property in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 3-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.
Listing Provided Courtesy of Lisa Le, COMPASS
General Information
NWM2487537
Multi Family
1
DOM
0.48 acres
4000
1962
Multi-F
Pierce
Residential Incom
Multi Family
Listing Provided Courtesy of Lisa Le, COMPASS
Krishna Realty data last checked: Mar 06, 2026 18:08 | Listing last modified Mar 05, 2026 21:44,
Source:
Opportunity to acquire a 5-unit multifamily property in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 3-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.
