10415 10423 Golden Given Road E, Tacoma, WA 98445
Courtesy of COMPASS
- $799,997
- 4,000
- SqFt
- List Price
- $799,997
- Status
- ACTIVE
- Days on Market
- 114
- Price Change
- ▼ $50,001 1781746289
- MLS#
- 2487537
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1962
- Living Area
- 4,000
- Lot Size
- 21,000
- Acres
- 0.48
- Subdivision
- Midland
- Neighborhood
- Midland
- MLS Area Major
- Parkland/Midland
Property Description
Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.
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Additional Information
- Amenities
- Coin Op Laundry
- Exterior Features
- Wood Products
- Property Description
- 55 - 5-9 Units
- Flooring
- Vinyl, Carpet
- Heating
- Forced Air, Wall Furnace
- Air Conditioning
- Forced Air, Wall Unit(s)
- Roof
- Composition
- School District
- Franklin Pierce
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