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4019 S Puget Sound Avenue

Tacoma, WA 98409
  • $2,995,000
  • STATUS: Active
  • MLS #: 2405284
$2,995,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2007
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Northmarq Multifamily, LLC.
Mortgage Calculator is provided by BoomTown.

Description

We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.communityrealestategroup.com/homes/165702886
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4019 S Puget Sound Avenue Tacoma, WA 98409

  • Price: $2,995,000
  • Status: Active
  • On Site: Days
  • MLS #: 2405284
0
Beds
0
Baths
0
½ Baths
0.37
Acres
2007
Built
Neighborhood:
South Tacoma
County:
Pierce
Area:
South Tacoma
Elementary School:
Reed
Middle School:
Giaudrone Mid Sch
High School:
Foss
School District:
Tacoma
Property Description
We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 10 Exterior Features Wood Products Open Parking Spaces 10 Open Parking YN Yes Parking Total 20 Parking Uncovered Spaces 10 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Vinyl PlankCarpet Heating Wall Unit(s) Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 183946 New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 33527 Tax Year 2025



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Northmarq Multifamily, LLC.
Mortgage Calculator is provided by BoomTown.