Bought with: KW Mountains to Sound Realty
$1,050,000
$1,050,000
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2076 E 56th ST Tacoma, WA 98404
12 Beds
8 Baths
4,076 SqFt
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,076 sqft
Price per Sqft $257
Subdivision Swan Creek
MLS Listing ID 2502696
Sold Date 05/29/26
Style 54 - 4-Plex
Bedrooms 12
Year Built 1986
Annual Tax Amount $9,000
Lot Size 10,577 Sqft
Property Sub-Type Multi Family
Property Description
Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest's hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term tenants. The property offers a significant opportunity for value appreciation. The current rental income is below competitive market value, suggesting a clear path to immediate value appreciation and strong potential Cap Rate of 5-6%. Units have been updated with kitchens featuring newer appliances & white cabinetry, durable flooring, and in-unit washers/dryers. On-site parking includes 8 designated spaces. The location offers enviable lifestyle appeal, situated moments from Swan Creek Park's acclaimed MTB Trail, half a mile from First Creek Middle School, & close to Cloverdale Park & essential retail. This 4-plex represents a prime addition to any portfolio, offering immediate cash flow, tangible upside, and a highly sought-after unit mix. Strong rental demand in this corridor ensures stability & continuous occupancy. Do not miss this chance to solidify your investment future in the strong Tacoma market. Please respect tenant privacy. Please DO NOT disturb Occupants.
Location
State WA
County Pierce
Area 61 - Southeast Tacoma
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck, High Speed Internet, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Dead End Street
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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