Property profile

5404 M St Tacoma, WA 98408

OFF-MARKET
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Property ID
US90-0075866
6,288 SF 0.27 ac Built 1949
Last sale Jun 2017·$700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a one-level brick garden-style 10-plex with units arranged around a shared courtyard; each unit has a front and back exterior door opening directly onto the courtyard area. The building comprises 10 residential units with interior renovations that include updated kitchen finishes such as white cabinetry, quartz countertops, undermount sinks, microwaves, and stainless-steel appliances, along with bathroom updates featuring tile surrounds. Many units retain original hardwood…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.19M
Assessed land$251k
Assessed improvement$937k
Effective rate1.11%

Value estimate

· Nov 2026
$460k
$414k – $506k
AI approach$480k
Submarket $/SF estimate$872k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$188/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$139 – $261

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
C-1: General Neighborhood Commercial District The C-1 District contains low-intensity, smaller-scale land uses such as retail, office, an...
General categoryCOMMERCIAL
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.9
Carpet & Flooring Store9.4
HVAC Service9.4

Location

5404 M St Tacoma, WA 98408-3555
County assessor Recorded deeds · 16 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 82nd, Tacoma, WA 98408-5813 $1,300,000 Jul 2024 6,696 SF
7605 C, Tacoma, WA 98408-5947 $1,645,000 Dec 2023 6,244 SF
8322 Park, Tacoma, WA 98408 $1,100,000 Nov 2023 5,376 SF
7603 Pacific, Tacoma, WA 98408-7015 $2,450,000 Dec 2021 7,191 SF
7630 Pacific, Tacoma, WA 98408-7003 $3,803,700 Dec 2020 5,332 SF
5401 Pacific, Tacoma, WA 98408-7638 $1,470,000 Aug 2020 8,232 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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