Views
Listed By:
Terrafin and NWMLS
Address
4560 S Puget Sound Avenue, Tacoma, WA
Price
$ 1,399,900
Property Attributes
  • ID#2518189
  • TypeMulti-Family
  • CountyPIERCE
  • CityTacoma
  • AreaSouth Tacoma
  • NeighborhoodSouth Tacoma
  • Zip98409
  • Style4-Plex
  • Year Built2006
  • Taxes$ 10734
  • Price$ 1,399,900
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4936
  • Lot Size0.1244 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

Price History
5/5/2026 Listed $1,499,000
5/29/2026 4$1,449,000
6/25/2026 2$1,429,000
8/5/2026 3$1,399,900

General Features

Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing,See Remarks,Subject To Tenant Rights
Roof Composition
Garage Spaces 4
Year Built 2006
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 91816
Insurance Expense 4250
New Construction No
Property Type Residential Income
HOA No
Subdivision Name South Tacoma
Special Listing Conditions None
Status Active
Directions West on S 56th St,North on S Oakes St,West on S 47th St,North on S Puget Sound Ave,Duplex is on left corner.
City Tacoma
Senior Community Y/N No
High School District Tacoma
Number Of Units Total 4
MLS Area 47 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 5418
Carport Y/N No
Listing Terms Assumable,Conventional,FHA,VA Loan
Tax Annual Amount 10734
Public Remarks Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low own
Leasable Area 4936
Virtual Tour https://my.matterport.com/show/?m=8SgfmNdaKC6&nt=1&brand=0&mls=1&
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company TPU
Units Below Grade false
Units In Building Total 4
Property Style 54 - 4-Plex
Cap Rate 6.33
NWM_ShowMapLink Yes

Interior Features

Flooring Ceramic Tile,Vinyl,Vinyl Plank,Carpet
Total Stories 2
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric

Exterior Features

Exterior Amenities Cement Planked
Lot Features Curbs,Paved,Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 4936
Lot Size Acres 0.1244
Waterfront Y/N No
Covered Spaces 4
Irrigation Water Rights Y/N No
Site Features Cable TV,High Speed Internet
Parking Uncovered Total 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98409

Price
AVG $860K
$1.4M
Taxes
AVG $7,796
$10,734
Year Built
AVG 1961
2006
Visits
AVG 163
665
Data Provided by Inside Real Estate®