Property Details
10415 10423 Golden Given Road E
Tacoma, WA 98445
$899,000
Pending Inspection
Schedule a Showing
Select your date preference
Request More Info
1 / 10
Property Overview
Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Pierce
Neighborhood
Midland
Listed
Mar 5, 2026
Financial Summary
Cap Rate
7.06%
Net Operating Income
$56,469
Gross Scheduled Income
$144,348
Gross Rent Multiplier
6.23
Total Expenses
$34,660
Vacancy Rate
37.0%
Building & Use
Building Sq Ft
4,000
Leasable Area
4,000 sqft
Total Units
5
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
21,000 sqft
Year Built
1962
Exterior & Lot
Lot Size
0.48 sqft
Year Built
1962
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.16173, -122.41506
Additional Information
Tax Year
2025
Annual Taxes
$3,412
Possession
Array
Based on information submitted to the MLS GRID as of April 30, 2026 3:15 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
