1131 Fawcett Avenue Unit #A-D, Tacoma, WA 98402
- $1,199,950
- 3,350
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: RSVP Brokers ERA.
- Sold Price
- $1,199,950
- List Price
- $1,199,950
- Status
- SOLD
- MLS#
- 2490175
- Closing Date
- May 20, 2026
- Days on Market
- 15
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,350
- Area Total SqFt
- 3350
- Annual Tax Ammount
- 1642
- Internet Provider
- Units wired for cable
- Lot Size (sq ft)
- 3,000
- Sewer
- Sewer Connected
Property Description
Own the "Golden Goose" of investment properties: a brand-new, turnkey 4-plex engineered for maximum cash flow and zero headaches. Built as two sleek duplexes, this high-performance asset delivers an immediate $7,800/month income stream bolstered by a massive 12-year tax abatement. Forget deferred maintenance; these units feature "quality" luxury finishes like commercial-grade vinyl plank, quartz countertops, and stainless appliances, all paired with high-efficiency ductless HVAC and extra insulation for low carry costs. The floor plans are a landlord’s dream, featuring 2-bed units with private en-suite baths and city views, plus high-demand 1-bed units designed for rapid, low-cost turnovers. This is a rare, low-maintenance powerhouse in a prime location—secure your equity and start collecting on day one.
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Additional Information
- List Date
- 2026-05-05 00:00:00
- Community
- Tacoma
- Net Operating Income
- $79,276
- Gross Adjusted Income
- $88,920
- Gross Scheduled Income
- $93,600
- Total Monthly Income
- $7,800
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $6,000
- Gross Rent Multiplier
- 12.82
- Total Expenses
- $9,642
- Cap Rate
- 6.7
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 1131
- Potential Terms
- Cash, Conventional
- Year Built
- 2026
- View
- Bay, City, Mountains
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $7,800
- Gross Scheduled Income
- $93,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $88,920
- Tax Year
- 2026
- Insurance Expense
- $2,000
- W/S/G Expenses
- $6,000
- Total Expenses
- $9,642
- Net Operating Income
- $79,276
- Gross Rent Multiplier
- 12.82
- Cap Rate
- 6.7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.