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5201 - 5215 S Orchard Street Tacoma, WA $ 5,500,000
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5201 - 5215 S Orchard Street
$ 5,500,000
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5201 - 5215 S Orchard Street

Tacoma, WA, 98467
$ 5,500,000
Baths0.0 Sq 18,000

Monthly Estimate*

$ 33,864

Listed by VPMG Property Management
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Studio

Multi-Family Home for sale in Tacoma, WA

for $5,500,000. This 18,000 square foot home was built in 1981 on a lot size of 1.45.

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 49,534

Style

10+ Units

Lot Size

1.45

Year Built

1981

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2495107
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 20
Security Features Partially Fenced
Year Built 1981
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Grand Terrace
County Pierce
Net Operating Income 303656
Insurance Expense 18490
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Manitou
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Head south on I-5 toward Tacoma (approximately 45-50 minutes) Take exit 133 for South Orchard Street Head east on South Orchard Street The property will be on your right
High School Mt Tahoma
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Number Of Units Total 20
MLS Area 45 - South Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 63160
Carport Spaces 20
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Manitou Park
Tax Annual Amount 49534
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Gray
Property Condition Good
Public Remarks Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and st
Leasable Area 180000
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Tacoma Public Utilities
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 5.5
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Exterior
Exterior Amenities Wood Products
Lot Features Dead End Street Open Space Paved Sidewalk
Total Parking 40
Foundation Details Poured Concrete
Building Area Total 18000
Lot Size Acres 1.45
Waterfront Y/N N
Covered Spaces 20
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available High Speed Internet Patio
Parking Uncovered Total 20
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Interior
Flooring Vinyl Carpet
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 NWM2495107
Street Number 1 5201
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* Excluded Features
List By
Avenir Gedarevich

Listing Agent

Vpmg Property Management

Broker

Affordability Calculator

$37,992
Per Month
89%
11%
0%
Monthly Principal & Interest
$33,864
Monthly Property Taxes
$4,128
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
3764548 Elementary School
258047 Middle School
Mt Tahoma High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/31/2026$5,500,000 Listed Price

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5201 - 5215 S Orchard Street, Tacoma, WA, 98467 is a Multi-Family Home for sale at $5,500,000 with 18,000 sqft and a lot size of 1.45. 5201 - 5215 S Orchard Street is a studio with 0.0 baths and was built in 1981. The property's zip code is 98467 which is in Tacoma, WA

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