4019 S Puget Sound Avenue, Tacoma, WA 98409

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by:brendan greenheck
Office:northmarq multifamily, llc.
MLS#:2405284
Source:NWMLS
4019 S Puget Sound Avenue,Tacoma, WA 98409
$2,995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,995,000

About this home

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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Home facts

  • Year built:2007
  • Listing ID #:2405284
  • Updated:September 26, 2025 at 12:16 AM

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:2007
  • Lot area:0.37 Acres

Schools

  • High school:Foss
  • Middle school:Giaudrone Mid Sch
  • Elementary school:Reed

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,995,000
  • Tax amount:$33,527 (2025)
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