5404 S M Street Tacoma, WA $ 1,775,000
5404 S M Street
$ 1,775,000
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5404 S M Street

Tacoma, WA, 98408
$ 1,775,000
Baths0.0 Sq 7,889

Monthly Estimate*

$ 11,074

Listed by KW Greater Seattle
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,775,000. This 7,889 square foot home was built in 1949 on a lot size of 0.2686.

Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets, quartz counters, undermount sinks, microwaves and stainless appliances. Updated bathrooms with tile surrounds. All units updated with their own electric meter and wall heat. Original hardwood floors through-out most of the units. Newer roof and hot water boiler. On-site coin-op laundry room and storage units for each unit. 6 garage units that are fully rented.

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Multi-Family Active

Price

$ 1,775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,202

Style

10+ Units

Lot Size

0.2686

Year Built

1949

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2321667

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1949
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 123029
Insurance Expense 4447
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions On the corner of S 54th St & S M St.
High School Lincoln High
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Open Parking Spaces 0
Number Of Units Total 10
MLS Area 51 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 11700
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Mann
Tax Annual Amount 13202
Electric Expense 4419
Fuel Expense 0
Middle/Junior High School Giaudrone Mid Sch
Public Remarks Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets quartz counters und
Leasable Area 5790
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry Storage
Water Company Tacoma Public Utilities
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 11066
Property Style 56 - 10+ Units
Cap Rate 6
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Exterior
Exterior Amenities Brick
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 7889
Lot Dimensions 100' x 117'
Lot Size Acres 0.2686
Waterfront Y/N N
Covered Spaces 6
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially
Parking Uncovered Spaces 0
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2321667
Street Number 1 5404
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* Excluded Features
List By
Stacey A. Brower

Listing Agent

Kw Greater Seattle

Broker

Affordability Calculator

$12,174
Per Month
91%
9%
0%
Monthly Principal & Interest
$11,074
Monthly Property Taxes
$1,100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2154875 Elementary School
258907 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$1,775,000 -6.33% Price Down
3/6/2025$1,895,000 -2.82% Price Down
1/16/2025$1,950,000 Listed Price

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5404 S M Street, Tacoma, WA, 98408 is a Multi-Family Home for sale at $1,775,000 with 7,889 sqft and a lot size of 0.2686. 5404 S M Street is a studio with 0.0 baths and was built in 1949. The property's zip code is 98408 which is in Tacoma, WA