4560 S Puget Sound Ave, Tacoma, WA 98409

$1,429,000
4,936
SqFt

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Listing courtesy of Terrafin.

List Price
$1,429,000
Status
ACTIVE
MLS#
2518189
Price Change
▼ $20,000 1782427852
Days on Market
82
Style
54 - 4-Plex
Finished SqFt
4,936
Area Total SqFt
4936
Annual Tax Ammount
10734
Internet Provider
Xfinity
Lot Size (sq ft)
5,418
Sewer
Sewer Connected

Property Description

$30,000 offered for buyer closing costs and rate buy down. 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.

Additional Information

List Date
2026-05-06 03:23:10
Community
South Tacoma
Net Operating Income
$91,816
Gross Adjusted Income
$106,800
Gross Scheduled Income
$106,800
Total Monthly Income
$8,900
Insurance Expenses
$4,250
Gross Rent Multiplier
13.57
Total Expenses
$14,984
Cap Rate
6.33
Total Number of Units
4
Unit Name
4560
Potential Terms
Assumable, Conventional, FHA, VA Loan
Year Built
2006
View
Territorial
Roof
Composition
Site Features
Cable TV, High Speed Internet
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$8,900
Gross Scheduled Income
$106,800
Gross Adjusted Income
$106,800
Tax Year
2026
Insurance Expense
$4,250
Total Expenses
$14,984
Net Operating Income
$91,816
Gross Rent Multiplier
13.57
Cap Rate
6.33
Based on information submitted to the MLS GRID as of . 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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