19019 SE 164th Street

Exceptional investment opportunity with strong income potential! This well-maintained triplex offers three separate units with private entrances, making it an ideal addition to any investment portfolio or a great option for multi-generational living. Two units are secured with long-term leases through 2027, while the third furnished unit provides flexibility for mid-term rental, long-term tenancy, or owner occupancy. Situated in a quiet neighborhood backing to a peaceful greenbelt, the property features soaring vaulted ceilings, spacious bedrooms, durable LVP flooring, and well appointed kitchens with white cabinetry and stainless steel appliances, some recently updated. Extensive capital improvements include updated plumbing, electrical, windows, gutters, main sewer line, flooring, and a newer section of the roof, reducing future maintenance concerns. Conveniently located near parks, trails, shopping, dining, major commuter routes and within the highly rated Tahoma School District. A rare opportunity to own a unique 9 bedroom income-producing property with stable cash flow, quality updates, and long-term upside.