9906 Croft Street S, Tacoma, WA 98444
Four rental units with a large yard, coin-operated laundry, and a detached 4-car building on an Urban Corridor-zoned lot.
- 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
Listing office Van Dorm Realty, Inc (503) 349-7900
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.435888
- Latitude
- 47.1672024