Property Details
9445 S Park Avenue
Tacoma, WA 98444
$965,000
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Property Overview
This is a 5 plex in which the property offers three updated residential units and two commercial units, with the upper/second-story roof recently renovated in 2017. Renovated in 2004. The commercial zoning designation presents a unique opportunity for business or investment. Additionally, the property's owned washer and dryer provide a convenient amenity for tenants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Tacoma
Listed
Mar 6, 2026
Original Price
$975,000
Financial Summary
Cap Rate
7.09%
Net Operating Income
$76,800
Gross Scheduled Income
$64,800
Gross Rent Multiplier
9.00
Total Expenses
$16,999
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,836
Leasable Area
3,836 sqft
Total Units
5
Zoning
Commercial,Multi-Family
Possible Use
Commercial, Multi-Family
Lot Size
12,197 sqft
Year Built
1925
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1925
Exterior Materials
Metal/Vinyl, Wood
Sewer
Sewer Connected
Exterior Features
Metal/Vinyl, Wood, Wood Products
Location
City
Tacoma
County
Pierce
Coordinates
47.17030, -122.44159
Additional Information
Tax Year
2018
Annual Taxes
$4,986
Possession
Array
Based on information submitted to the MLS GRID as of May 6, 2026 6:45 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.
