Property Details

4822 S L Street
Tacoma, WA 98408
$674,950
MLS# 2492239 courtesy of NWMLS Listing firm: Theory Real Estate

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4822 S L Street , Tacoma, WA 98408, Tacoma

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4822 S L Street , Tacoma, WA 98408, Tacoma

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Multi-Family
Property Type
2,564
Bldg Sq Ft
3
Units
8.60%
Cap Rate
1928
Year Built

Property Overview

HOUSE HACKERS AND INVESTORS! Don’t miss out on this opportunity to own a duplex w/ a 3rd detached unit in South Tacoma! Spacious 3 bed 1 bath unit + 2 bed 1 bath unit in the duplex and a studio for the 3rd unit! Fully fenced yard for the upstairs unit and a fireplace! Off street parking out back for the downstairs tenant and 3rd unit! The convenient location nearby freeway access, shopping, restaurants, entertainment, DT, and more makes for good rental and good living! Dedicated laundry in each unit! Upstairs 3 bed 1 bath is vacant and ready to move in and offset your mortgage with the other units combined rent of $2,995!! Or rent out to cashflow! Potential condoization for even more opportunity? Buyer to verify!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood South Tacoma
Listed Apr 24, 2026

Financial Summary

Cap Rate 8.60%
Net Operating Income $58,283
Gross Scheduled Income $71,340
Gross Rent Multiplier 9.46
Total Expenses $13,102

Building & Use

Building Sq Ft 2,564
Leasable Area 2,564 sqft
Total Units 3
Lot Size 5,850 sqft
Year Built 1928

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1928
Exterior Materials Wood
Parking RV Parking
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Curbs, Paved, Sidewalk
Exterior Features Wood Products

Location

City Tacoma
County Pierce
Coordinates 47.21290, -122.45017

Additional Information

Tax Year 2025
Annual Taxes $4,902
Possession Array
Listed By
Ronald Dudley
Theory Real Estate

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