Property Details

10415 10423 Golden Given Road E
Tacoma, WA 98445
$799,997
MLS# 2487537 courtesy of NWMLS Listing firm: COMPASS

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10415 10423 Golden Given Road E, Tacoma, WA 98445, Tacoma

1 / 10
Multi-Family
Property Type
4,000
Bldg Sq Ft
5
Units
7.06%
Cap Rate
1962
Year Built

Key Takeaways

  • This multi-family property in Midland in Tacoma, Pierce County is listed at $799,997.
  • 4,000 square feet of building area, or $200 per square foot.
  • Lot size is 0.48 acres.
  • 5 units.
  • Zoning: Multi-Family.
  • Built in 1962.
  • Annual property taxes are $3,412 (2025).

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
County Pierce
Neighborhood Midland
Listed Mar 5, 2026
Original Price $899,000
Structure Type Multi Family
Parcel Number 0319033033

Tax & HOA

Annual Property Tax $3,412 (2025)
Est. Monthly Tax $284/mo

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

Community & Access

Directions From WA-7 S/Pacific Ave S, turn onto 112th St and left onto Golden Given Rd E – property will be on the right

Location

City Tacoma
County Pierce
Coordinates 47.16173, -122.41506

Additional Information

Tax Year 2025
Annual Taxes $3,412
Possession Array
Listed By
Lisa Le
COMPASS

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