$835,000

8 Beds 4 Baths 3,612 SQFT 0.20 Acres
Type: Multi-Family

4907 S Orchard Street # A-D
Tacoma, WA 98467

MLS#: 2573761
Presented by: Multifamily Properties and NWMLS

Property Description

 

* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is VACANT & ready to update to achieve max rent or house hackers may occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Cap Rate5.8
Carport Spaces4
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsHighway 16, Orchard exit, take Orchard south, turn left into first entrance to Orchard Park Apartments. Head up driveway, turn left at end, 4907 is down on the right hand side.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOAYes
HOA Fee$400
HeatingBaseboard
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense3585
Leasable Area3,612 sqft
Listing TermsCash, Conventional, FHA, See Remarks, VA Loan
Living Area0 sqft
Lot Size Square Feet8,860 sqft
Lot Size UnitsSquare Feet
MLS Area45 - South Tacoma
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income48366
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental prop
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameTacoma
Tax Annual Amount$9,015
Tax Year2026
Unit Number0
Units Below Gradefalse
Units In Building Total4
Virtual TourClick here
Water CompanyTPU
Water Sewer Garbage5580
Year Built1981
Zoning DescriptionMulti-Family

Exterior

Building Area Total3,612 sqft
Covered Spaces4
Exterior AmenitiesWood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Dimensions8860
Lot FeaturesDead End Street, Paved, Secluded
Lot Size Acres0.2034
Parking Uncovered Total0
Site FeaturesCable TV
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School

  

Similar Properties

$835,000

8 Beds 4 Baths 3,612 SQFT 0.20 Acres
Type: Multi-Family

4907 S Orchard Street # A-D
Tacoma, WA 98467

MLS#: 2573761