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Brett Bonner

brettbonner@brettbonner.com +1(253) 606-0578

Listed by:Real Broker LLC • Charles Burnett

$ 757,500

Est. payment | -/mo

8 Beds

4 Baths

3,800 SqFt

Save

$ 757,500

Est. payment | -/mo

Save

8 Beds

4 Baths

3,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $199

Subdivision Tacoma

MLS Listing ID 2517132

Style 54 - 4-Plex

Bedrooms 8

Year Built 1983

Annual Tax Amount $8,684

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

Solid, turn-key fourplex with strong cash flow and upside in rents. Each spacious 938 SF unit features 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three of the four units have been renovated with high-end finishes. Recent exterior upgrades include paint, doors, and windows. Large parking area with reserved spaces for tenants. Current 7.7% cap rate with additional upside through future rent growth. Strong fit for both investors seeking stable cash flow and owner-occupants looking to offset their mortgage through rental income. One unit has been intentionally left vacant to allow for easy showings and flexibility for a potential owner-occupant buyer. Convenient location near amenities supports consistent rental demand and long-term appreciation potential.

Location

State WA

County Pierce

Area 61 - Southeast Tacoma

Interior

Flooring Ceramic Tile, Engineered Hardwood, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View Territorial

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Brett Bonner

MANAGING BROKER/REALTOR® | Lic# 27156

brettbonner@brettbonner.com

+1(253) 606-0578

111 Tumwater Blvd. Southeast Unit A 109, Tumwater, WA, 98501, USA

1722 E 56th ST Tacoma, WA 98404

Brett Bonner

Key Details

Location

Interior

Exterior

Building

Schools

Others

1722 E 56th ST