Property Details
1129 Fawcett Avenue #A-D
Tacoma, WA 98402
$1,199,950
Pending
Schedule a Showing
Select your date preference
Request More Info
1 / 5
Property Overview
The Golden Goose: Premium 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes. This is a true "golden goose" for the savvy investor, offering immediate cash flow with zero deferred maintenance and the significant advantage of a 12-year tax abatement.Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes:Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package.Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems.Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers.Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths.With a strong $7,800/month income stream and long-term tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Pierce
Neighborhood
Tacoma
Listed
Mar 19, 2026
Financial Summary
Cap Rate
6.70%
Net Operating Income
$79,276
Gross Scheduled Income
$93,600
Gross Rent Multiplier
12.82
Total Expenses
$9,644
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,350
Leasable Area
3,350 sqft
Total Units
4
Zoning
Commercial,Multi-Family
Possible Use
Commercial, Multi-Family
Lot Size
3,001 sqft
Year Built
2026
Exterior & Lot
Lot Size
0.07 sqft
Year Built
2026
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Tacoma
County
Pierce
Coordinates
47.25190, -122.44233
Additional Information
New Construction
Yes
Tax Year
2026
Annual Taxes
$1,644
Possession
Array
