Pending · Residential Income

3841 S Park Avenue , Tacoma, WA 98418

Tacoma, WA 98418

$850,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Blake Investment Advisors · MLS #2446398 · Pending

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About this property

CASH-FLOWING MACHINE REPRICED TO SELL! $9,015 MONTHLY INCOME | PRICE REDUCED to a 7.58% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

Property details

Property type: Multi Family
Year built: 1950
Lot size: 9,583 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $11,491 (2026)
School district: Tacoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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