917 A-D 75th Street E, Tacoma, WA 98404
- $875,000
- 3,328
- SqFt
Listing courtesy of Keller Williams Rty Tacoma.
- List Price
- $875,000
- Status
- ACTIVE
- MLS#
- 2571607
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,328
- Area Total SqFt
- 3328
- Annual Tax Ammount
- 9393
- Lot Size (sq ft)
- 12,643
- Sewer
- Available
Property Description
Looking to expand your Tacoma multifamily portfolio or make your first investment? This fourplex offers a strong value-add opportunity with several major improvements already completed or underway. The exterior has been freshly painted, two units have been fully renovated, and two additional units have received bathroom updates. The crawl space has also been improved with a new vapor barrier and insulation, and a new roof is scheduled for installation. Additional upside remains in the two units that have not yet been fully renovated, along with the opportunity to bring rents closer to current market levels. With an effective renovation and leasing strategy, the property offers the potential to improve cash flow, target approximately a 6% return, and build long-term equity through increased income and property value. A solid opportunity for an investor looking to improve an existing asset, increase rents and unlock additional value in the Tacoma market.
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Additional Information
- List Date
- 2026-08-28 21:58:13
- Community
- Parkland
- Net Operating Income
- $45,029
- Gross Adjusted Income
- $63,446
- Gross Scheduled Income
- $64,740
- Total Monthly Income
- $5,395
- Insurance Expenses
- $2,028
- Water/Sewer/Garbage Expenses
- $6,996
- Gross Rent Multiplier
- 13.5
- Total Expenses
- $18,417
- Cap Rate
- 4
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 917 A-D
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1983
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $5,395
- Gross Scheduled Income
- $64,740
- Vacancy Rate
- 2
- Gross Adjusted Income
- $63,446
- Tax Year
- 2026
- Insurance Expense
- $2,028
- W/S/G Expenses
- $6,996
- Total Expenses
- $18,417
- Net Operating Income
- $45,029
- Gross Rent Multiplier
- 13.5
- Cap Rate
- 4
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.