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    Older 4-Plex with Detached Garage Title is generated by Realmo AI

    9906 Croft Street S, Tacoma, WA 98444

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    For Sale
    $525,000

    Four rental units with a large yard, coin-operated laundry, and a detached 4-car building on an Urban Corridor-zoned lot.

    Type:Multi-Family
    Property size:
    2,826 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $185/SF
    Added:
    Apr 8, 2026
    Days on Market:
    89
    Last Refresh:
    Jul 1 at 1:49 am

    Property Features for 9906 Croft Street S

    General Information

    Standard status
    Active
    Size
    2,826 SF
    Lot size
    0.43 Acres
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1920

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    Marianne Wille

    Listing office Van Dorm Realty, Inc

    Listing date Apr 8, 2026

    Source Premierepropertygroup

    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 Van Dorm Realty, Inc

    HighLights

    • Four‑unit rental property on a 0.4276‑acre lot with paved exterior and public water
    • Unit mix: three 2 bed, 1 bath units and one 1 bed, 1 bath unit
    • Detached 4‑car building plus 8 total uncovered parking spaces
    • Common coin‑operated laundry on‑site
    • 3‑story building with 2,826 SF total building area and poured concrete foundation
    • Urban Corridor zoning under the Parkland‑Spanaway‑Midland Communities Plan

    Overview

    This is an older four-plex featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property includes a common coin-operated laundry for residents, along with a large yard. A detached 4-car building provides additional enclosed parking or storage space for the site.

    The offering sits on a 0.4276-acre parcel and is listed with current zoning of Urban Corridor under the Parkland-Spanaway-Midland Communities Plan. The location provides easy access to JBLM, Highway 12, and I-5, with nearby stores and restaurants.

    For buyers, this configuration supports a mixed tenant mix across two-bedroom and one-bedroom layouts while keeping common amenities in place through the shared laundry. The detached 4-car building and the large yard add practical site utility for an income property, and the stated zoning framework may allow for future development considerations subject to applicable approvals.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $56.0k $19.80
    − Vacancy −$2.8k −$0.98
    EGI $53.2k $18.82
    − OpEx −$16.0k −$5.65
    NOI $37.2k $13.18
    2,826 SF · lease $19.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $531.9K
    $465.4K – $620.6K (±1% cap)
    NOI $37,233 @ 7.0% cap · market cap 7.09%
    Second Best
    Apartment 5plus
    $462.3K
    $404.5K – $539.3K (±1% cap)
    NOI $32,358 @ 7.0% cap · market cap 6.16%
    Theoretical Best
    Office A
    $868.6K
    $760.1K – $1.01M (±1% cap)
    NOI $60,804 @ 7.0% cap · market cap 11.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Dental Office Accounting Firm Pharmacy Gym & Fitness Center Clothing & Fashion Store Bar & Pub Furniture & Home Goods Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.435888
    Latitude
    47.1672024

    FAQs

    What type of property is this?
    Quadplex - Four rental units with a large yard, coin-operated laundry, and a detached 4-car building on an Urban Corridor-zoned lot.
    Where is this quadplex located?
    The property is located at 9906 Croft Street S Tacoma, WA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Four‑unit rental property on a 0.4276‑acre lot with paved exterior and public water; Unit mix: three 2 bed, 1 bath units and one 1 bed, 1 bath unit; Detached 4‑car building plus 8 total uncovered parking spaces
    More about this property
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