4846 S 48th Street, Tacoma, WA 98409

$2,500,000
10,240
SqFt

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Listing courtesy of Paragon Real Estate Advisors.

List Price
$2,500,000
Status
ACTIVE
MLS#
2556524
Days on Market
2
Style
55 - 5-9 Units
Finished SqFt
10,240
Area Total SqFt
10240
Annual Tax Ammount
29248
Lot Size (sq ft)
47,044
Sewer
Sewer Connected

Property Description

Orchard St Duplexes is a collection of four duplex buildings totaling eight residential units on just over an acre in a quiet Tacoma neighborhood near University Place. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,280 square feet across two stories, with in-unit washer and dryer, double-pane vinyl windows, and a private garage. Wood-frame construction built in the early 1990s. Convenient access to I-5, Highway 16, and Tacoma Mall Boulevard.

Additional Information

List Date
2026-07-24 17:13:14
Community
Central Tacoma
Net Operating Income
$102,119
Gross Adjusted Income
$166,429
Gross Scheduled Income
$175,188
Total Monthly Income
$14,599
Insurance Expenses
$5,400
Water/Sewer/Garbage Expenses
$2,717
Gross Rent Multiplier
14.27
Total Expenses
$64,310
Cap Rate
4.08
Vacancy Rate
5
Total Number of Units
8
Unit Name
4846
Potential Terms
Cash, Conventional
Year Built
1992
Roof
Composition
Other Expenses
26945
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$14,599
Gross Scheduled Income
$175,188
Vacancy Rate
5
Gross Adjusted Income
$166,429
Tax Year
2026
Insurance Expense
$5,400
W/S/G Expenses
$2,717
Total Expenses
$64,310
Net Operating Income
$102,119
Gross Rent Multiplier
14.27
Cap Rate
4.08
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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