1122 Lafayette St S # 1-4 Tacoma, WA $ 700,000
1122 Lafayette St S # 1-4
$ 700,000
Share Save

1122 Lafayette St S # 1-4

Tacoma, WA, 98444
$ 700,000
Baths0.0 Sq 2,546

Monthly Estimate*

$ 4,367

Listed by Berkshire Hathaway HS NW
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 1
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 2
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 3
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 4
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 5
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 6
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 7
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 8
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 9
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 10
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 11
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 12
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 13
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 14
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 15
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 16
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 17
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 18
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 19
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 20
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 21
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 22
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 23
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 24
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 25
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 26
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 27
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 28
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 29
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 30
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 31
1122 Lafayette St S # 1-4, Tacoma, WA 98444 - Image 32
View a Virtual Tour
Studio

Multi-Family Home for sale in Tacoma, WA

for $700,000. This 2,546 square foot home was built in 1957 on a lot size of 0.1607.

Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate. Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint. Added income from on-site coin-op laundry plus private storage for each unit. A hedge against inflation, this property produces steady monthly cash flow and offers tax advantages. With strong occupancy, rental demand, and income streams, it combines reliability with growth potential. Prime location near a new elementary school, PLU, JBLM, retail, dining, and quick access to WA-512 & I-5. Please do not disturb occupants.

See more

Multi-Family Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,603

Style

4-Plex

Lot Size

0.1607

Year Built

1957

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2438390

Features
General
Living Area 0
Sewer Available
Heating Wall Unit(s)
Cooling Wall Unit(s)
Possession Closing
Roof Metal
HOA Fee 0
Security Features Partially Fenced
Year Built 1957
Unit Number 1-4
Property Subtype Multi Family
Tax Year 2025
Building Name Mildred
County Pierce
Net Operating Income 37091
Insurance Expense 2492
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Parkland
Special Listing Conditions None
Status Active
Directions I-5 Exit 127 to WA-512 E take Steele St exit left on Steele left on 112th St S right on 12th Ave S property on east side.
High School Wash High
City Tacoma
Senior Community Y/N N
High School District Franklin Pierce
Open Parking Spaces 10
Number Of Units Total 4
MLS Area 63 - Parkland
Lot Size Units Square Feet
Lot Size Square Feet 7000
Carport Spaces 0
Carport Y/N N
Listing Terms Assumable Cash Out Conventional FHA VA Loan
Elementary School James Sales Elem
Tax Annual Amount 6603
Electric Expense 1200
Fuel Expense 0
Middle/Junior High School Perry G Keithley Mid
Property Condition Good
Public Remarks Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level 1 bed/1 bath with proven 0% vacancy rate. Recent improvement
Leasable Area 2400
Virtual Tour https://player.vimeo.com/video/1123422835
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage
Water Company Parkland Water & Light
Units Below Grade false
Water Sewer Garbage 5414
Property Style 54 - 4-Plex
Cap Rate 5.08
See more
Exterior
Exterior Amenities Stucco
Lot Features Corner Lot Paved
Water Source Public
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 2546
Lot Size Acres 0.1607
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Patio
Parking Uncovered Spaces 10
Lot Number 1
See more
Interior
Flooring Laminate Vinyl Plank 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
See more
Internal Only
OriginalMLSID NWM2438390
Street Number 1 1122
See more
* Excluded Features
List By
William Weflen

Listing Agent

Berkshire Hathaway Hs Nw

Broker

Affordability Calculator

$4,917
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$550
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4565735 Elementary School
257289 Middle School
Wash High High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$700,000 -2.78% Price Down
11/9/2025$720,000 -1.37% Price Down
10/20/2025$730,000 -2.67% Price Down
10/1/2025$750,000 Listed Price

Map


See all

1122 Lafayette St S # 1-4, Tacoma, WA, 98444 is a Multi-Family Home for sale at $700,000 with 2,546 sqft and a lot size of 0.1607. 1122 Lafayette St S # 1-4 is a studio with 0.0 baths and was built in 1957. The property's zip code is 98444 which is in Tacoma, WA