Active · Residential Income
5209 S Orchard Street , Tacoma, WA 98467
Tacoma, WA 98467
$895,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by Kidder Mathews · MLS #2589131 · Active
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About this property
FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.2% cap and market cap rate of 7.8%.
Property details
- Property type
- Multi Family
- Year built
- 1981
- Lot size
- 11,220 sq ft
- Association dues
- $350 · Monthly
- Annual property tax
- $10,335 (2026)
- Parking spaces
- 5
- School district
- Tacoma
Listings courtesy of Northwest MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 10/6/2026, 9:48:26 AM Pacific. 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.
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