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1301 S 54th Street Tacoma, WA $ 765,000
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$ 765,000 Get more info
1301 S 54th Street
$ 765,000
Back to search
Share Save

1301 S 54th Street

Tacoma, WA, 98408
$ 765,000
Baths0.0 Sq 2,720

Monthly Estimate*

$ 4,773

Listed by Windermere Central Sound
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Studio

Multi-Family Home for sale in Tacoma, WA

for $765,000. This 2,720 square foot home was built in 1969 on a lot size of 0.1435.

Classic 60's rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you've got a building well positioned for low maintenance renting for the next 20 years. The garage spaces are a bonus - rent them individually or consider converting them into an additional apartment or two. Conveniently located on a bus line, close to I5, and walking distance from the emerging retail corredor that is S 56th St. Hear that? That's the sound of opportunity knocking.

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Multi-Family Active

Price

$ 765,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,209

Style

4-Plex

Lot Size

0.1435

Year Built

1969

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2369676
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Ductless
Cooling Ductless None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1969
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 49413
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name South Tacoma
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions From I5 - take the S 56th St exit and head east to S M St - left on S M - 2 blocks to building on the left.
High School Lincoln High
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial
Open Parking Spaces 0
Number Of Units Total 4
MLS Area 51 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6250
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA Owner Financing VA Loan
Elementary School Mann
Tax Annual Amount 9209
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Giaudrone Mid Sch
Public Remarks Classic 60's rambler brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great functional layouts. This one is no exception w/timeless style
Leasable Area 2720
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage Thermal Windows
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 10378
Property Style 54 - 4-Plex
Cap Rate 5.56
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Exterior
Exterior Amenities Brick
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 2720
Lot Size Acres 0.1435
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available High Speed Internet Patio
Parking Uncovered Spaces 0
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
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 NWM2369676
Street Number 1 1301
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* Excluded Features
List By
Ethan Wing

Listing Agent

Windermere Central Sound

Broker

Affordability Calculator

$5,540
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,773
Monthly Property Taxes
$767
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/8/2025$765,000 -1.29% Price Down
11/23/2025$775,000 -1.27% Price Down
11/4/2025$785,000 -1.87% Price Down
9/15/2025$799,950 -4.71% Price Down
8/15/2025$839,500 -1.18% Price Down
7/17/2025$849,500 -2.91% Price Down
6/21/2025$875,000 -1.57% Price Down
5/2/2025$889,000 Listed Price

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1301 S 54th Street, Tacoma, WA, 98408 is a Multi-Family Home for sale at $765,000 with 2,720 sqft and a lot size of 0.1435. 1301 S 54th Street is a studio with 0.0 baths and was built in 1969. The property's zip code is 98408 which is in Tacoma, WA

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