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3841 S Park Avenue Tacoma, WA $ 850,000
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$ 850,000 Get more info
3841 S Park Avenue
$ 850,000
Back to search
Share Save

3841 S Park Avenue

Tacoma, WA, 98418
$ 850,000
Bedrooms8 Baths6.0

Monthly Estimate*

$ 5,871

Listed by Gabe Blake, Blake Investment Advisors, 206-618-2207, gabe@blakeia.com
3841 S Park Avenue, Tacoma, WA 98418 - Image 1
3841 S Park Avenue, Tacoma, WA 98418 - Image 2
3841 S Park Avenue, Tacoma, WA 98418 - Image 3
3841 S Park Avenue, Tacoma, WA 98418 - Image 4
3841 S Park Avenue, Tacoma, WA 98418 - Image 5
3841 S Park Avenue, Tacoma, WA 98418 - Image 6
3841 S Park Avenue, Tacoma, WA 98418 - Image 7
3841 S Park Avenue, Tacoma, WA 98418 - Image 8
3841 S Park Avenue, Tacoma, WA 98418 - Image 9
3841 S Park Avenue, Tacoma, WA 98418 - Image 10

Multi-Family Home for sale in Tacoma, WA

for $850,000 with 8 bedrooms and 6 full baths. This home was built in 1950 on a lot size of 0.22.

CASH-FLOWING MACHINE REPRICED TO SELL! $9,015 MONTHLY INCOME | PRICE REDUCED to a 7.58% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

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Multi-Family Pending

Price

$ 850,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 11,491

Style

5-9 Units

Lot Size

0.22

Year Built

1950

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2446398
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1950
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 64424
Insurance Expense 3204
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Tacoma
Special Listing Conditions None
Status Pending
Directions Left on Park Ave
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 0
Number Of Units Total 6
MLS Area 46 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 9583
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 11491
Electric Expense 0
Fuel Expense 0
Public Remarks CASH-FLOWING MACHINE REPRICED TO SELL! $9 015 MONTHLY INCOME PRICE REDUCED to a 7.58% Cap Rate 3841 S Park Ave is a well-maintained single-story 6-unit apartment building. Fully renovated in 2020
Leasable Area 3700
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 9694
Property Style 55 - 5-9 Units
Cap Rate 7.58
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Exterior
Exterior Amenities Brick
Building Area Total 0
Lot Size Acres 0.22
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Vinyl Plank
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 NWM2446398
Street Number 1 3841
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* Excluded Features
List By
Gabe Blake

Listing Agent

Blake Investment Advisors

Broker

gabe@blakeia.com

Email

Affordability Calculator

$6,828
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
256639 Elementary School
257487 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$850,000 -8.11% Price Down
5/21/2026$925,000 -9.31% Price Down
11/17/2025$1,020,000 -2.86% Price Down
10/22/2025$1,050,000 Listed Price

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3841 S Park Avenue, Tacoma, WA, 98418 is a Multi-Family Home for sale at $850,000 with a lot size of 0.22. 3841 S Park Avenue has 8 bedrooms, 6.0 baths, and was built in 1950. The property's zip code is 98418 which is in Tacoma, WA

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