Property Details
105 E 96th Street
Tacoma, WA 98445
$1,099,000
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Property Overview
Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Larchmont
Listed
May 4, 2026
Financial Summary
Cap Rate
7.30%
Net Operating Income
$80,512
Gross Scheduled Income
$92,400
Gross Rent Multiplier
11.90
Total Expenses
$11,888
Building & Use
Building Sq Ft
2,936
Leasable Area
3,229 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
9,148 sqft
Year Built
1986
Exterior & Lot
Lot Size
0.21 sqft
Year Built
1986
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
See Remarks
Lot Features
Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.17040, -122.43064
Additional Information
Tax Year
2025
Annual Taxes
$3,287
Possession
Array
Based on information submitted to the MLS GRID as of May 4, 2026 5:45 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.
