Presented by: Windermere Prof Partners and NWMLS
Property Description
Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
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
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Wood
Total Fireplaces0
Total Stories2
General
AmenitiesPlayground
Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Cap Rate6.21
Carport Spaces0
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsFrom Tyler, turn West onto S. 40th, follow around corner to the Right. Becomes Mason Loop. Continue straight to the end and road curves to the left. 2nd 4-Plex on the Right.
Electric Expense2954
Fuel Expense0
Garage Spaces0
HOAYes
HOA Fee$330
HeatingBaseboard
High School DistrictTacoma
Insurance Expense3960
Leasable Area3,672 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet11,640 sqft
Lot Size UnitsSquare Feet
MLS Area45 - South Tacoma
NWM_ShowMapLinkY
Net Operating Income55847
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseMulti-Family
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksUnbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate c
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerAvailable, Sewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameSouth Tacoma
Tax Annual Amount$9,013
Tax Year2026
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water Sewer Garbage5998
Year Built1979
Zoning DescriptionMulti-Family
Exterior
Building Area Total3,672 sqft
Covered Spaces0
Exterior AmenitiesCement Planked, Wood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.2672
Parking Uncovered Total10
Site FeaturesCable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Total Parking10
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
Middle School
N/A
High School
N/A
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Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221