5601 S Thompson Avenue Tacoma, WA $ 1,385,000
5601 S Thompson Avenue
$ 1,385,000
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5601 S Thompson Avenue

Tacoma, WA, 98408
$ 1,385,000
Baths0.0 Sq 4,760

Monthly Estimate*

$ 8,641

Listed by KW Greater Seattle
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,385,000. This 4,760 square foot home was built in 1973 on a lot size of 0.1422.

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

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Multi-Family Active

Price

$ 1,385,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,202

Style

10+ Units

Lot Size

0.1422

Year Built

1973

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2324610

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1973
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 87373
Insurance Expense 8148
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name South Tacoma
Special Listing Conditions None
Status Active
Directions On the SE corner of S 56th St & S Thompson Ave.
High School Mt Tahoma
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 5
Number Of Units Total 10
MLS Area 52 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6195
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Mann
Tax Annual Amount 13202
Electric Expense 1223
Fuel Expense 0
Middle/Junior High School Giaudrone Mid Sch
Public Remarks Great 2 story 10-plex in Tacoma with 9 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery s
Leasable Area 4760
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Thermal Windows
Water Company Tacoma Public Utilities
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 11262
Property Style 56 - 10+ Units
Cap Rate 6.3
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Alley Corner Lot Curbs Paved Secluded
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 4760
Lot Dimensions 120' x 54' x 120' x 55'
Lot Size Acres 0.1422
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV
Parking Uncovered Spaces 5
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Interior
Total Fireplaces 0
Total Stories 2
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 NWM2324610
Street Number 1 5601
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* Excluded Features
List By
Stacey A. Brower

Listing Agent

Kw Greater Seattle

Broker

Affordability Calculator

$9,741
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,641
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
Mt Tahoma High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$1,385,000 -12.89% Price Down
2/8/2025$1,590,000 Listed Price

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5601 S Thompson Avenue, Tacoma, WA, 98408 is a Multi-Family Home for sale at $1,385,000 with 4,760 sqft and a lot size of 0.1422. 5601 S Thompson Avenue is a studio with 0.0 baths and was built in 1973. The property's zip code is 98408 which is in Tacoma, WA