1131 Fawcett Avenue # A-D Tacoma, WA $ 1,199,950
1131 Fawcett Avenue # A-D
$ 1,199,950
Recently Listed New Construction
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1131 Fawcett Avenue # A-D

Tacoma, WA, 98402
$ 1,199,950
Baths0.0 Sq 3,350

Monthly Estimate*

$ 7,388

Listed by Windermere Prof Partners
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 1
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 2
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 3
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 4
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 5
1131 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 6
Studio

Multi-Family Home for sale in Tacoma, WA

for $1,199,950. This 3,350 square foot home was built in 2026 on a lot size of 0.0689.

Own the "Golden Goose" of investment properties: a brand-new, turnkey 4-plex engineered for maximum cash flow and zero headaches. Built as two sleek duplexes, this high-performance asset delivers an immediate $7,800/month income stream bolstered by a massive 12-year tax abatement. Forget deferred maintenance; these units feature "quality" luxury finishes like commercial-grade vinyl plank, quartz countertops, and stainless appliances, all paired with high-efficiency ductless HVAC and extra insulation for low carry costs. The floor plans are a landlord’s dream, featuring 2-bed units with private en-suite baths and city views, plus high-demand 1-bed units designed for rapid, low-cost turnovers. This is a rare, low-maintenance powerhouse in a prime location—secure your equity and start collecting on day one.

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Multi-Family Active

Price

$ 1,199,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,642

Style

4-Plex

Lot Size

0.0689

Year Built

2026

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2490175

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Furnace
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 2026
View Bay City Mountains
Unit Number A-D
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 79276
Insurance Expense 2000
New Construction Y
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Tacoma
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions Use GPS. Best parking off the alley. Downtown Core Tacoma. Behind the downtown YMCA. 3 blocks to the convention center. Close to UW Tacoma.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial Multi-Family
Number Of Units Total 4
MLS Area 29 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 3000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 1642
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks Own the Golden Goose of investment properties: a brand-new turnkey 4-plex engineered for maximum cash flow and zero headaches. Built as two sleek duplexes this high-performance asset delivers an im
Leasable Area 3350
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Energy Package Thermal Windows
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6000
Property Style 54 - 4-Plex
Cap Rate 6.7
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 3350
Lot Size Acres 0.0689
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Total 2
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 3
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 NWM2490175
Street Number 1 1131
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* Excluded Features
List By
Ryan D Meacham

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$7,525
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,388
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
3/19/2026$1,199,950 Listed Price

Map


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1131 Fawcett Avenue # A-D, Tacoma, WA, 98402 is a Multi-Family Home for sale at $1,199,950 with 3,350 sqft and a lot size of 0.0689. 1131 Fawcett Avenue # A-D is a studio with 0.0 baths and was built in 2026. The property's zip code is 98402 which is in Tacoma, WA