Property Details

4509 6th Avenue
Tacoma, WA 98406
$1,750,000
MLS# 2489298 courtesy of NWMLS Listing firm: Better Properties Real Estate

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4509 6th Avenue , Tacoma, WA 98406, Tacoma

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4509 6th Avenue , Tacoma, WA 98406, Tacoma

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Multi-Family
Property Type
5,016
Bldg Sq Ft
4
Units
5.61%
Cap Rate
2023
Year Built

Property Overview

Beautiful newer 4-plex in North Tacoma. Hard to find, ready to go building. No remodeling, no old wiring and plumbing. Turn key building 4- Large 3 bedroom, 2 bathroom, 1254 square foot units with 9 foot ceilings and all full size appliances including washers and dryers. This is like owning 4 brand new North Tacoma homes. Would be great for owner occupied or rent them all out for more income. Lifetime warranty roofing, newer sewer and water lines out to the mains, fully sprinklered units. Milgard windows, custom cabinetry with granite countertops and stainless steel kitchen appliances. Solid wood doors and custom lighting. Insulation and double sheetrock between floors to minimize sound transference. Too much too list. Listed with 2 other 4 plexes, for 12 units total (MLS #2466406). Buyer to verify all information.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood North Tacoma
Listed Mar 6, 2026
Original Price $1,800,000

Financial Summary

Cap Rate 5.61%
Net Operating Income $98,100
Gross Scheduled Income $127,200
Total Expenses $28,906

Building & Use

Building Sq Ft 5,016
Leasable Area 5,016 sqft
Total Units 4
Zoning Commercial,Multi-Family,Residential
Possible Use Commercial, Multi-Family, Residential
Lot Size 5,998 sqft
Year Built 2023

Exterior & Lot

Lot Size 0.14 sqft
Year Built 2023
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, -122.49850

Additional Information

Tax Year 2025
Annual Taxes $20,206
Possession Array
Listed By
Mark Hulen
Better Properties Real Estate

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