1122 Lafayette St S #1-4 Tacoma, WA 98444
1122 Lafayette St S #1-4
Tacoma, WA 98444
$750,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 4.95% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate. Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint. Added income from on-site coin-op laundry plus private storage for each unit. A hedge against inflation, this property produces steady monthly cash flow and offers tax advantages. With strong occupancy, rental demand, and income streams, it combines reliability with growth potential. Prime location near a new elementary school, PLU, JBLM, retail, dining, and quick access to WA-512 & I-5. Please do not disturb occupants.
Watch Virtual Tour #1Property Features
Community: Parkland
4-Plex
Cable TV
Fenced-Partially
Patio
Exterior: Stucco
Roof: Metal
Year Built: 1957
2025 Taxes: $6603.00
Buyer Broker Comp.: 2%
Listing #: 2438390
Lot Details
Lot Size: 0.16 acres
Corner Lot
Paved
No. of Units: 4
Watch Virtual Tour #2Interior
Cooling: Wall Unit(s)
Heating: Wall Unit(s)
Electric
Common Features
Coin Op Laundry
Storage
Schools
District: Franklin Pierce
Elem: James Sales Elem
Middle: Perry G Keithley Mid
High: Wash High
Call or Email:
Grace Wamwere
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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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