Property Details

4501 to 4509 6th Avenue
Tacoma, WA 98406
$5,250,000
MLS# 2466406 courtesy of NWMLS Listing firm: Better Properties Real Estate

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4501 to 4509 6th Avenue , Tacoma, WA 98406, Tacoma

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4501 to 4509 6th Avenue , Tacoma, WA 98406, Tacoma

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Multi-Family
Property Type
15,048
Bldg Sq Ft
12
Units
5.61%
Cap Rate
2024
Year Built

Property Overview

3 beautiful newer (2023) 4-plexes in North Tacoma, on separate tax parcels . 12 large 3 bedroom, 2 bathroom, 1254 square foot units. 9 foot ceilings and all full size appliances, including washers and dryers. This is like owning 4 newer North Tacoma homes. Would be great for owner occupied, or keep as tenant occupied. Great for traveling nurses too. Newer roofing, newer sewer and water lines out to the mains when built, & fully sprinklered units. Milgard windows, custom cabinetry, with granite countertops, & stainless steel kitchen appliances. Solid wood doors and custom lighting. Insulation & double sheetrock between floors to minimize sound transference. Excellent 1031 exchange property. Close to schools, downtown, shopping and freeways!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood North Tacoma
Listed Jan 8, 2026
Original Price $5,400,000

Financial Summary

Cap Rate 5.61%
Net Operating Income $283,914
Gross Scheduled Income $375,600
Total Expenses $91,686

Building & Use

Building Sq Ft 15,048
Leasable Area 15,048 sqft
Total Units 12
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 17,999 sqft
Year Built 2024

Exterior & Lot

Lot Size 0.41 sqft
Year Built 2024
Exterior Materials Cement, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Cement/Concrete, Wood, Wood Products

Location

City Tacoma
County Pierce
Coordinates 47.25559, -122.49809

Additional Information

Tax Year 2025
Annual Taxes $60,618
Possession Array
Listed By
Mark Hulen
Better Properties Real Estate

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