New price - motivated seller! Listing is related to a tax-deferred exchange. Cash-flowing monster with 7.3% cap rate, just two blocks from the University of Puget Sound! Fully-occupied with above-market income. Basically - you're getting fourplex rents of over $7,100 per month with this property, but at an amazing price. With three full kitchens and separate entrances for each floor, this layout is ideal for maximizing income. Enjoy strong cash flow, consistent occupancy, and high tenant demand in one of Tacoma’s most desirable rental markets - a short drive away from 6th Avenue, the Proctor District, Point Defiance, and Ruston Way. Virtually no vacancy. A rare chance to own a high-performing asset in a prime location. Don’t miss it!
Listing Provided Courtesy of Anders Ibsen, Windermere Prof Partners
General Information
NWM2374639
Multi Family
23
DOM
6037.42 SqFt
3855
1905
Pierce
Jefferson
Mason
Stadium
Residential Incom
Multi Family
Listing Provided Courtesy of Anders Ibsen, Windermere Prof Partners
Krishna Realty data last checked: Jun 06, 2025 17:51 | Listing last modified Jun 05, 2025 22:52,
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Residence Information
3855
Composition
52 - Duplex
1905
Basement
Features and Utilities
Ceramic Tile
Wood, Wood Products
Public
Sewer Connected
1213
Financial
7985
Cash Out, Conventional, FHA, VA Loan
05-13-2025
Comparable Information
23
23
Cash Out, Conventional, FHA, VA Loan
$1,000,000
$1,000,000
Jun 05, 2025 22:52
Schools
Elementary : JeffersonN/ARatings Middle : Mason N/ARatings High : StadiumN/ARatings
New price - motivated seller! Listing is related to a tax-deferred exchange. Cash-flowing monster with 7.3% cap rate, just two blocks from the University of Puget Sound! Fully-occupied with above-market income. Basically - you're getting fourplex rents of over $7,100 per month with this property, but at an amazing price. With three full kitchens and separate entrances for each floor, this layout is ideal for maximizing income. Enjoy strong cash flow, consistent occupancy, and high tenant demand in one of Tacoma’s most desirable rental markets - a short drive away from 6th Avenue, the Proctor District, Point Defiance, and Ruston Way. Virtually no vacancy. A rare chance to own a high-performing asset in a prime location. Don’t miss it!
