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Listed by:Real Broker LLC • Charles Burnett
$757,195
Est. payment /mo
8 Beds
4 Baths
3,800 SqFt
New
1722 E 56th ST Tacoma, WA 98404
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $199
Subdivision Tacoma
MLS Listing ID 2517132
Style 54 - 4-Plex
Bedrooms 8
Year Built 1983
Annual Tax Amount $8,684
Lot Size 7,000 Sqft
Property Sub-Type Multi Family
Property Description
Solid, turn-key fourplex with strong cash flow and upside in rents. Each spacious 938 SF unit features 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three of the four units have been renovated with high-end finishes. Recent exterior upgrades include paint, doors, and windows. Large parking area with reserved spaces for tenants. Current 7.7% cap rate with additional upside through future rent growth. Strong fit for both investors seeking stable cash flow and owner-occupants looking to offset their mortgage through rental income. One unit has been intentionally left vacant to allow for easy showings and flexibility for a potential owner-occupant buyer. Convenient location near amenities supports consistent rental demand and long-term appreciation potential.
Location
State WA
County Pierce
Area 61 - Southeast Tacoma
Interior
Flooring Ceramic Tile, Engineered Hardwood, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N Yes
View Territorial
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS
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