ADDRESS
4701 S. 19th St
Tacoma, WA. 98406
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Solid Tacoma 4-plex investment with recent renovations and strong current performance. The owner has completed major upgrades, including new water heaters, appliances, flooring, paint, and deck repairs. Based on 2025 YTD actuals with tenant utility reimbursements, the property is operating near a ~7.0% cap (~$62,800 NOI) at asking. With full occupancy and normalized expenses, stabilized projections fall in the 5–6% range. Strong rental corridor with $1,550–$1,650/unit market rents and long-term upside. Vacant unit offers owner-occupant potential or additional rental income.
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
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