Property Details
1461 Rainier Court
Fircrest, WA 98466
$1,400,000
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Property Overview
The Real Estate investment you have been waiting for… FIRCREST…. This well maintained property has four two bedroom, 1 1/2 bath units complete with fireplace, washer/dryer, dining room, eat in kitchen, walk-in closet, and granite countertops. Covered carport & storage space.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Fircrest
Listed
May 13, 2026
Financial Summary
Cap Rate
5.80%
Net Operating Income
$82,479
Gross Scheduled Income
$114,756
Gross Rent Multiplier
12.20
Total Expenses
$31,129
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
4,112
Leasable Area
4,112 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
29,120 sqft
Year Built
1967
Exterior & Lot
Lot Size
0.67 sqft
Year Built
1967
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Paved
Exterior Features
Wood, Wood Products
Location
City
Fircrest
County
Pierce
Coordinates
47.21931, -122.51683
Additional Information
Tax Year
2026
Annual Taxes
$9,411
Possession
Array
Based on information submitted to the MLS GRID as of May 14, 2026 8:00 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.