2076 E 56th Street Tacoma, WA $ 1,050,000
2076 E 56th Street
$ 1,050,000
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2076 E 56th Street

Tacoma, WA, 98404
$ 1,050,000
Baths0.0 Sq 4,076

Monthly Estimate*

$ 6,465

Listed by Redfin
2076 E 56th Street, Tacoma, WA 98404 - Image 1
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2076 E 56th Street, Tacoma, WA 98404 - Image 8
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,050,000. This 4,076 square foot home was built in 1986 on a lot size of 0.2428.

Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest's hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term tenants. The property offers a significant opportunity for value appreciation. The current rental income is below competitive market value, suggesting a clear path to immediate value appreciation and strong potential Cap Rate of 5-6%. Units have been updated with kitchens featuring newer appliances & white cabinetry, durable flooring, and in-unit washers/dryers. On-site parking includes 8 designated spaces. The location offers enviable lifestyle appeal, situated moments from Swan Creek Park's acclaimed MTB Trail, half a mile from First Creek Middle School, & close to Cloverdale Park & essential retail. This 4-plex represents a prime addition to any portfolio, offering immediate cash flow, tangible upside, and a highly sought-after unit mix. Strong rental demand in this corridor ensures stability & continuous occupancy. Do not miss this chance to solidify your investment future in the strong Tacoma market. Please respect tenant privacy. Please DO NOT disturb Occupants.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,000

Style

4-Plex

Lot Size

0.2428

Year Built

1986

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2502696

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
Year Built 1986
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 628000
Insurance Expense 3200
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Swan Creek
Special Listing Conditions None
Status Active
Directions GPS Works. From Portland Ave East on 56th St Right to stay on E 56th to property at the end of the street.
High School Buyer To Verify
City Tacoma
Senior Community Y/N N
High School District Tacoma
Number Of Units Total 4
MLS Area 61 - Southeast Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 10577
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 9000
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment strategically nestled in a quiet Tacoma community offering a robust income-generatin
Leasable Area 4076
Virtual Tour https://my.matterport.com/show/?m=KyZCEKnb9me&mls=1&play=1&ts=1
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks Storage
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 5.98
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Exterior
Exterior Amenities Wood
Lot Features Dead End Street
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 4076
Lot Size Acres 0.2428
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet Patio
Parking Uncovered Total 8
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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 NWM2502696
Street Number 1 2076
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* Excluded Features
List By
Victoria Baptiste

Listing Agent

Redfin

Broker

Affordability Calculator

$7,215
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,465
Monthly Property Taxes
$750
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
3100453 Elementary School
3100781 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$1,050,000 Listed Price

Map


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2076 E 56th Street, Tacoma, WA, 98404 is a Multi-Family Home for sale at $1,050,000 with 4,076 sqft and a lot size of 0.2428. 2076 E 56th Street is a studio with 0.0 baths and was built in 1986. The property's zip code is 98404 which is in Tacoma, WA