Listed by Every Door Real Estate
$849,999

Estimated payment $5,345/month

Total Views 6,635
8 Beds
4 Baths
3,120 Sq Ft
$272 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Thermal Windows
  • High Speed Internet
  • Wood Siding

About This Home

Investor Alert! This upgraded Quadplex offers significant potential, with current rents below market value. Each unit spans approximately 780 sqft and features 2 bedrooms and 1 full bathroom. Units come equipped with a range/stove, refrigerator, and dishwasher. Units 2 and 4 recently underwent cosmetic updates and are in excellent condition. The property includes parking spaces and ample off-street parking. Units 2 and 4 are vacant and available for showings, while Units 1 and 3 have month-to-month tenants. The complex is well-maintained, with fresh paint throughout, and the yard is partially fenced. Conveniently located near I-5 and just a few miles from Puyallup.

Listing Agent

Indy Basra

Every Door Real Estate License #20110953 Listed on: 05/15/2025

Every Door Real Estate

Co-Listing Agent

Every Door Real Estate

Every Door Real Estate License #26691

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2376540

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1989

Lot Details

  • 5,060 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lincoln Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8935022880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,810

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1989
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3120
  • Special Features: VirtualTour
  • Cumulative Days on Market: 118

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Built-Up
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: TACOMA CITY LI
  • SewerCompany: TACOMA CITY LI
  • WaterCompany: TACOMA CITY LI
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8935022880
  • Lot Size Acres: 0.1162
  • Lot Size Sq Ft: 5060
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 24.89
  • LeasedItems: None
  • TotalMonthlyIncome: 3136

Multi Family

  • Gross Scheduled Income: 37362
  • Net Operating Income: 26137
  • Number Of Units Total: 4
  • Insurance Expense: 3685
  • Leasable Area: 3120
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 50

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7810

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $7,810 $784,900 $199,300 $585,600
2024 $7,810 $779,900 $192,600 $587,300
2023 $7,810 $702,100 $180,900 $521,200
2022 $7,194 $732,000 $176,000 $556,000
2021 $6,786 $540,400 $101,500 $438,900
2019 $5,019 $464,600 $88,400 $376,200
2018 $5,360 $386,400 $77,000 $309,400
2017 $4,686 $339,500 $55,500 $284,000
2016 $3,970 $245,000 $40,500 $204,500
2014 $3,510 $228,400 $39,400 $189,000
2013 $3,510 $211,100 $36,100 $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $849,999 -- $272 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Trustee Deed $242,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $208,000 --
Warranty Deed $223,372 --
Warranty Deed $147,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,800 Commercial
Closed $249,333 Seller Take Back
Previous Owner $238,000 Commercial
Previous Owner $102,000 Commercial
Previous Owner $187,200 Commercial
Previous Owner $153,600 Commercial
Previous Owner $100,000 Commercial
Closed $28,800 No Value Available
Source: Public Records

Similar Homes in Tacoma, WA

  • 1301 S 54th St, Tacoma, WA 98408

    $875,000

    • 6 Beds
    • 4 Baths
    • 2,720 Sq Ft
    • 1301 S 54th St
    • Tacoma, WA

    Classic 60's rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you've got a building well

    Ethan Wing Windermere Central Sound

    Section Image
  • 3572 -3574 E F St, Tacoma, WA 98404

    $899,950

    • 6 Beds
    • 4 Baths
    • 5,139 Sq Ft
    • 3572 -3574 E F St
    • Tacoma, WA

    INVESTORS & HOUSE HACKERS! Perfectly located 4 plex in South Tacoma makes for a great investment for a rental or purchase as a primary residence to live in & offset your mortgage! All units are 850+ SF w/ 2 units that are 2 bed 1 bath and 2 units are 1 bed 1 bath. Upstairs units come with private decks! Plenty off street parking off the alley for about 12 for tenants & guests! Coin operated on

    Ronald Dudley Theory Real Estate

    Section Image
  • 3103 S 54th St, Tacoma, WA 98409

    $688,000

    • 6 Beds
    • 5 Baths
    • 3,366 Sq Ft
    • 3103 S 54th St
    • Tacoma, WA

    Investors and house-hackers take note! This well-maintained triplex with a great Cap Rate will make an excellent addition to your real estate portfolio! Upstairs we have a 5 bedroom/2.25 bath home with open concept floorplan. Downstairs offers a large, fully remodeled 1 bed/1 bath unit w/ bonus room (could be converted to legal 2nd bedroom w/addition of window in bonus room) & a large studio

    Aaron Nelson Skyline Properties, Inc.

    Section Image
  • 1511 E 38th St Unit 1-4, Tacoma, WA 98404

    $858,000

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 1511 E 38th St
    • Unit 1-4
    • Tacoma, WA

    Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. All units have been previously fully renovated. All new leases within the last year. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023, sewer

    Wesley Jones Keller Williams Rlty Bellevue

    Section Image
  • 1521 E 38th St Unit 1-4, Tacoma, WA 98404

    $858,000

    • 8 Beds
    • 4 Baths
    • 3,200 Sq Ft
    • 1521 E 38th St
    • Unit 1-4
    • Tacoma, WA

    Rambler style 4plex. 4 above grade units. All units 2 beds 1 bath. All units been fully renovated. All new leases within the last year. All units occupied. All tenants current on rent. Tenants pay all utilities (w/s/g billed to landlord and billed back to tenants monthly) Landlord manages landscaping in house and pays for pest control. Both roofs replaced along with attic remediation in 2023. W/D

    Wesley Jones Keller Williams Rlty Bellevue

    Section Image
  • 1438 E 31st St, Tacoma, WA 98404

    $1,060,000

    • 6 Beds
    • 6 Baths
    • 3,068 Sq Ft
    • 1438 E 31st St
    • Tacoma, WA

    Brand new 2024 4plex! 2 detached duplexes on the same lot. Both buildings are identical. Units A1 & A2 are 1 bedroom, 1 bath, bottom floor units. These units feature Quartz countertops, LVP flooring throughout, air conditioning, SS Appliances, washer & dryer in units. Units A2 and B2 are two story 2 bed 2 bath units, featuring quartz countertops in kitchen and baths, SS Appliances, carpet on the

    Anthony Wells Skyline Properties, Inc.

    Section Image
  • 1608 1610 E 34th St Unit B, Tacoma, WA 98404

    $699,999

    • 6 Beds
    • 6 Baths
    • 2,552 Sq Ft
    • 1608 1610 E 34th St
    • Unit B
    • Tacoma, WA

    Investor ALERT!!! Looking for cashflow? Here's your opportunity to own these Zero lot line Duplex located in the core of Tacoma. 3 bedroom 2.5 baths each unit. Rents are below market rates and some sweat equity could maximize your potential earnings. Quick access to I-5, Hwy-16, Hwy 167, Tacoma Mall & EQC casino. This is 1/2 of two separate buildings, but one duplex. The lot line runs through the

    Dan Wong Red Moon Realty

    Section Image
  • 3902 Mason Loop Rd, Tacoma, WA 98409

    $875,000

    • 8 Beds
    • 4 Baths
    • 3,248 Sq Ft
    • 3902 Mason Loop Rd
    • Tacoma, WA

    HUGE PRICE DECREASE $20,000! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot. Each unit offers 2 bedrooms, 1 bath, deck or patio and 850 sf of living area. Updated kitchen with granite countertops & vinyl, baths updated. Washer/Dryer hookup in each unit. Newer wall to wall carpet and a woodburning fireplace and carport

    Rutha Thomas CENTURY 21 Real Estate Center

    Section Image
  • 1214 S 8th St Units 1&2, Tacoma, WA 98405

    $699,000

    • 8 Beds
    • 4 Baths
    • 2,236 Sq Ft
    • 1214 S 8th St Units 1&2
    • Tacoma, WA

    Historic duplex that has been remodeled recently, with a CURRENT cap rate of 7.50%! Brand new roof, carpet, paint, etc in 2024. Both kitchens remodeled in the last two years. Appliances are all new within the last two years as well! All appliances are included with the sale including both washer/dryers. Sewer line is entirely newer ABS. This duplex is truly in the path of progress. It lies

    Keegan Burmark Adelbern Real Estate LLC

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2376540

Northwest Multiple Listing Service (NWMLS)

APN: 893502-2880