Property Details
4560 S Puget Sound Ave
Tacoma, WA 98409
$1,499,000
Active
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Property Overview
Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
South Tacoma
Listed
May 5, 2026
Financial Summary
Cap Rate
5.70%
Net Operating Income
$85,216
Gross Scheduled Income
$100,200
Gross Rent Multiplier
14.96
Total Expenses
$14,984
Building & Use
Building Sq Ft
4,936
Leasable Area
4,936 sqft
Total Units
4
Lot Size
5,419 sqft
Year Built
2006
Exterior & Lot
Lot Size
0.12 sqft
Year Built
2006
Garage
4 spaces
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Tacoma
County
Pierce
Coordinates
47.21503, -122.48237
Additional Information
Tax Year
2026
Annual Taxes
$10,734
Possession
Array
Based on information submitted to the MLS GRID as of May 5, 2026 9:30 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.
