Address
4552 S Puget Sound Avenue, Tacoma, WA
Price
$ 1,275,000
Property Attributes
- ID#2521673
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaSouth Tacoma
- NeighborhoodSouth Tacoma
- Zip98409
- Style4-Plex
- Year Built2006
- Taxes$ 10860
- Price$ 1,275,000
- Bedrooms12
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage4936
- Lot Size0.1244 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Outstanding investment opportunity in this solid 4-plex, built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex, each unit offers a generous 1,234 square feet with 3 bedrooms and 2 bathrooms—plenty of space to attract quality, long-term tenants. The exterior has been well maintained throughout, minimizing deferred maintenance concerns for a new owner. Conveniently located near 47th and South Tacoma Way, with easy access to shopping, dining, commuter routes and right next to the local school bus stop. A great addition for investors seeking a turnkey property with strong bones and dependable rental appeal.
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
| Price History | |
|---|---|
| 6/16/2026 | Listed $1,350,000 |
| 8/27/2026 | 6$1,275,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | High Efficiency (Unspecified) |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Garage Spaces | 4 |
| Year Built | 2006 |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | Pierce |
| Net Operating Income | 80440 |
| Insurance Expense | 2200 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | South Tacoma |
| Special Listing Conditions | None |
| Status | Active |
| Directions | north on South Tacoma Way to 47th. Right on 47th to S. Puget Sound Ave. Left on S Puget Sound second unit on your left |
| High School | Buyer To Verify |
| 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 | Cash,Conventional |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 10860 |
| Middle/Junior High School | Buyer To Verify |
| Property Condition | Good |
| Public Remarks | Outstanding investment opportunity in this solid 4-plex,built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex,each unit offers a generous 1,234 square |
| Leasable Area | 5336 |
| Virtual Tour | https://my.matterport.com/show/?m=dND5Wrwy5ey&mls=1 |
| Structure Type | Quadruplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Tacoma Water |
| Units Below Grade | false |
| Units In Building Total | 4 |
| Water Sewer Garbage | 100 |
| Property Style | 54 - 4-Plex |
| Cap Rate | 6.5 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Engineered Hardwood |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Lot Features | Paved |
| Total Parking | 4 |
| Foundation Details | Block |
| Building Area Total | 4936 |
| Lot Size Acres | 0.1244 |
| Waterfront Y/N | No |
| Covered Spaces | 4 |
| Irrigation Water Rights Y/N | No |
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
Taxes
Year Built
Visits
In The Neighborhood
Views
Tacoma
$ 430,000
- Type
- Multi-Family | Active
- Size
- 1,728 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: BCR LLC
Seller Financing
Tacoma
$ 699,000
- Type
- Multi-Family | Active
- Size
- 23,350 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Windermere Prof Partners
Views
Tacoma
$ 899,950
- Type
- Multi-Family | Active
- Size
- 3,672 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Windermere Prof Partners
Views
Tacoma
$ 799,950
- Type
- Multi-Family | Active
- Size
- 3,328 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Pellego, Inc.
Tacoma
$ 720,000
- Type
- Multi-Family | Active
- Size
- 1,840 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: eXp Realty
Tacoma
$ 565,000
- Type
- Multi-Family | Active
- Size
- 1,924 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: eXp Realty
Reduced
Tacoma
$ 500,000
- Type
- Multi-Family | Active
- Size
- 1,495 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: WA Move Real Estate LLC
Reduced
Tacoma
$ 625,000
- Type
- Single Family
- Size
- 2,331 SqFt
- Rooms
- 5 Beds + 2 Baths
Listed by: Redfin
Viewed
Tacoma
$ 1,399,900
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Terrafin
Lease to Own
Tacoma
$ 674,950
- Type
- Multi-Family | Active
- Size
- 2,564 SqFt
- Rooms
- 5 Beds + 3 Baths
Listed by: Theory Real Estate
Reduced
Tacoma
$ 525,000
- Type
- Multi-Family | Active
- Size
- 2,826 SqFt
- Rooms
- 7 Beds + 4 Baths
Listed by: Van Dorm Realty, Inc
