Views
Address
3909 Mason Loop Road, Tacoma, WA
Price
$ 899,950
Property Attributes
- ID#2578180
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaSouth Tacoma
- NeighborhoodSouth Tacoma
- Zip98409
- Style4-Plex
- Year Built1979
- Taxes$ 9013
- Price$ 899,950
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3672
- Lot Size0.2672 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
| Price History | |
|---|---|
| 9/8/2026 | Listed $899,950 |
General Features
| Sewer | Available,Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| HOA Fee | 330 |
| Security Features | Partially Fenced |
| Year Built | 1979 |
| View | Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2026 |
| Assoc Fee Paid Per | Monthly |
| County | Pierce |
| Net Operating Income | 55847 |
| Insurance Expense | 3960 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | Yes |
| Subdivision Name | South Tacoma |
| Possible Use | Multi-Family |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From Tyler,turn West onto S. 40th,follow around corner to the Right. Becomes Mason Loop. Continue straight to the end and road curves to the left. 2nd 4-Plex on the Right. |
| City | Tacoma |
| Senior Community Y/N | No |
| High School District | Tacoma |
| Zoning Description | Multi-Family |
| Number Of Units Total | 4 |
| MLS Area | 45 - South Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 11640 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Tax Annual Amount | 9013 |
| Electric Expense | 2954 |
| Public Remarks | Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term,stable tenants in a prime neighborhood surrounded by well-maintained properties,delivering immediate c |
| Leasable Area | 3672 |
| Structure Type | Quadruplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Amenities | Playground |
| Units Below Grade | false |
| Units In Building Total | 4 |
| Water Sewer Garbage | 5998 |
| Property Style | 54 - 4-Plex |
| Cap Rate | 6.21 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate,Vinyl,Carpet |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric,Wood |
Exterior Features
| Exterior Amenities | Cement Planked,Wood |
|---|---|
| Lot Features | Paved |
| Total Parking | 10 |
| Foundation Details | Slab |
| Building Area Total | 3672 |
| Lot Size Acres | 0.2672 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio |
| Parking Uncovered Total | 10 |
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
$ 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
Reduced
Tacoma
$ 1,275,000
- Type
- Multi-Family | Active
- Size
- 4,936 SqFt
- Rooms
- 12 Beds + 8 Baths
Listed by: Redfin
Reduced
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
