MLS #2502696 / Listing provided by NWMLS & Redfin Corp..
$1,050,000
2076 E 56th Street
Tacoma,
WA
98404
Sq Ft
Per Sq Ft
Year Built
Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest's hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term tenants. The property offers a significant opportunity for value appreciation. The current rental income is below competitive market value, suggesting a clear path to immediate value appreciation and strong potential Cap Rate of 5-6%. Units have been updated with kitchens featuring newer appliances & white cabinetry, durable flooring, and in-unit washers/dryers. On-site parking includes 8 designated spaces. The location offers enviable lifestyle appeal, situated moments from Swan Creek Park's acclaimed MTB Trail, half a mile from First Creek Middle School, & close to Cloverdale Park & essential retail. This 4-plex represents a prime addition to any portfolio, offering immediate cash flow, tangible upside, and a highly sought-after unit mix. Strong rental demand in this corridor ensures stability & continuous occupancy. Do not miss this chance to solidify your investment future in the strong Tacoma market. Please respect tenant privacy. Please DO NOT disturb Occupants.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 0
- Parking Total: 8
- Total Uncovered Parking Spaces: 8
Structure
- Roof: Composition
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street
- Acres: 0.2428
- Foundation: Poured Concrete
Schools
- High School District: Tacoma
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Dead End Street
- Acres: 0.2428
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer Company: TPU
- Sewer: Sewer Connected
- Water Company: TPU
- Water Source: Public
- Water, Sewer, and Garbage: 0
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