Well-Maintained Tacoma 4-Plex
For Sale
$885,000
2907 M St, Tacoma, WA 98404
Tacoma 4-plex with strong rental history and upside potential.
Property SizeContact for details
Days on Market577
Property Features for 2907 M St
General Information
Standard status
Active
Building Details
Year Built
1979
Listing Agency:
KELLER WILLIAMS REALTY
(206) 632-2636
Listed By:
STACEY BROWER
Source:
Corcoran
Added: Jan 11, 2025
Changed: Mar 16
Last Checked: Jul 23 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY
Investment Insights
Based on property information with market context.
This well-maintained 4-plex in Tacoma presents an investment opportunity. Situated on a quiet residential street, the property offers convenient access to downtown and I-5, facilitating commuting. The building features four units, each containing 2 bedrooms and 1 bathroom, and equipped with a washer and dryer. The units are spacious and include dedicated parking. The property is fully occupied with a strong rental history. Current rents are below market rates.
Key Highlights
- Fully occupied 4‑plex with strong rental history provides immediate income.
- Below market rents offer significant upside potential for increased revenue.
- Prime location: quiet residential street close to downtown Tacoma and I‑5.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 98404, WA
35,172
Population
13,174
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
84%
High-School Grad
7.1 sq mi
ZIP Area
4,954
Density / Sq Mi
$79,562
Median Household Income
$41,977
Median Earnings
$1,440
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Tacoma 4-plex with strong rental history and upside potential.
Where is this quadplex located?
The property is located at 2907 M St Tacoma, WA.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Fully occupied 4‑plex with strong rental history provides immediate income.; Below market rents offer significant upside potential for increased revenue.; Prime location: quiet residential street close to downtown Tacoma and I‑5.
