3909 Mason Loop Road, Tacoma, WA 98409

$899,950
3,672
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$899,950
Status
ACTIVE
MLS#
2578180
Days on Market
0
Style
54 - 4-Plex
Finished SqFt
3,672
Area Total SqFt
3672
Annual Tax Ammount
9013
Lot Size (sq ft)
11,640
Sewer
Available, Sewer Connected

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).

Additional Information

List Date
2026-09-08 21:39:16
Community
South Tacoma
Net Operating Income
$55,847
Gross Adjusted Income
$83,232
Gross Scheduled Income
$74,280
Total Monthly Income
$6,981
Insurance Expenses
$3,960
Water/Sewer/Garbage Expenses
$5,998
Gross Rent Multiplier
12.12
Total Expenses
$27,385
Cap Rate
6.21
Vacancy Rate
10
Total Number of Units
4
Unit Name
3909
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Electric Expenses
2954
Other Expenses
5460
Energy Source
Electric, Wood
School District
Tacoma
Total Monthly Income
$6,981
Gross Scheduled Income
$74,280
Vacancy Rate
10
Gross Adjusted Income
$83,232
Tax Year
2026
Insurance Expense
$3,960
W/S/G Expenses
$5,998
Total Expenses
$27,385
Net Operating Income
$55,847
Gross Rent Multiplier
12.12
Cap Rate
6.21
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.

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