Property Details

1129 Fawcett Avenue #A-D
Tacoma, WA 98402
$1,199,950
MLS# 2489726 courtesy of NWMLS Listing firm: Windermere Prof Partners

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1129 Fawcett Avenue #A-D, Tacoma, WA 98402, Tacoma, MLS# 2489726

Schedule a Showing

1129 Fawcett Avenue #A-D, Tacoma, WA 98402, Tacoma

Request Information

1129 Fawcett Avenue #A-D, Tacoma, WA 98402, Tacoma

1 / 5
Multi-Family
Property Type
3,350
Bldg Sq Ft
4
Units
6.70%
Cap Rate
2026
Year Built

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
Listed By
Ryan D Meacham
Windermere Prof Partners

Schedule a Showing

Have a Question?

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 1129 Fawcett Avenue #A-D, Tacoma, WA 98402, Tacoma, MLS# 2489726