901 S Grant Avenue Tacoma, WA $ 950,000
901 S Grant Avenue
$ 950,000
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901 S Grant Avenue

Tacoma, WA, 98405
$ 950,000
Baths0.0 Sq 2,360

Monthly Estimate*

$ 5,849

Listed by Keller Williams Rlty Bellevue
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Studio

Multi-Family Home for sale in Tacoma, WA

for $950,000. This 2,360 square foot home was built in 1962 on a lot size of 0.0997.

Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

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Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,047

Style

4-Plex

Lot Size

0.0997

Year Built

1962

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2497615

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1962
View Mountains Partial Territorial
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 51801
Insurance Expense 3279
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Take I-5 Exit 133 to I-705 N. Exit at S 15th St turn left. Turn right on S Yakima Ave then left on S 9th St. Property is on the left.
High School Stadium
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 29 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 4342
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Elementary School Bryant
Tax Annual Amount 9047.92
Electric Expense 6257
Fuel Expense 0
Middle/Junior High School Hilltop Heritage Middle
Property Condition Very Good
Public Remarks Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2 360 square feet of living space delivering exceptional income pote
Leasable Area 2360
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Coin Op Laundry Storage
Water Company Tacoma Public Utilities
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6415
Property Style 54 - 4-Plex
Cap Rate 5.5
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Exterior
Exterior Amenities Stucco
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 2360
Lot Size Acres 0.0997
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet
Parking Uncovered Total 0
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Interior
Flooring Ceramic Tile Softwood 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 NWM2497615
Street Number 1 901
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* Excluded Features
List By
Chris Wang

Listing Agent

Keller Williams Rlty Bellevue

Broker

Affordability Calculator

$6,603
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$754
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
4649864 Elementary School
3692178 Middle School
Stadium High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$950,000 Listed Price

Map


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901 S Grant Avenue, Tacoma, WA, 98405 is a Multi-Family Home for sale at $950,000 with 2,360 sqft and a lot size of 0.0997. 901 S Grant Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 98405 which is in Tacoma, WA