522 E 32nd Street, Tacoma, WA 98404

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: kevin tiwana
Office: triplar properties
MLS#:2484059
Source:NWMLS
522 E 32nd Street,Tacoma, WA 98404
$975,500
  • - Beds
  • - Baths
  • 3,374 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$975,500
  • Price per sq. ft.:$289.12

About this home

Introducing a rare multifamily opportunity in Tacoma featuring stunning views of Commencement Bay and Downtown Tacoma. Tucked away in a quiet setting, this well-maintained asset combines strong in-place income with significant upside potential.Recent capital improvements provide peace of mind for years to come, including a new roof (2022), exterior paint (2023), and new Milgard windows installed at the rear of the building. The property is also equipped with a sprinkler system for the yard for easy yard maintenance. In 2025, the city enhanced the neighborhood with new sidewalks and street lighting, further improving curb appeal and long-term desirability. Each unit features its own private garage, a highly attractive amenity that drives tenant demand and retention. Utilities are currently paid by the owner, offering a clear value-add opportunity for future expense optimization and increased cash flow. Rents are below market, presenting substantial upside for an investor looking to

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Home facts

  • Year built:1992
  • Listing ID #:2484059
  • Updated:February 25, 2026 at 11:58 PM

Rooms and interior

  • Living area:3,374 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1992
  • Building area:3,374 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$975,500
  • Price per sq. ft.:$289.12
  • Tax amount:$11,101 (2025)
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