5209 S Orchard Street Tacoma, WA $ 895,000
5209 S Orchard Street
$ 895,000
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5209 S Orchard Street

Tacoma, WA, 98467
$ 895,000
Bedrooms8 Baths4.0 Sq 3,664

Monthly Estimate*

$ 5,651

Listed by Kidder Mathews
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Multi-Family Home for sale in Tacoma, WA

for $895,000 with 8 bedrooms and 4 full baths. This 3,664 square foot home was built in 1981 on a lot size of 0.2576.

FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.2% cap and market cap rate of 7.8%.

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Multi-Family Active

Price

$ 895,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,335

Style

4-Plex

Lot Size

0.2576

Year Built

1981

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2589131

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 350
Garage Spaces 5
Year Built 1981
View Partial Territorial
Property Subtype Multi Family
Tax Year 2026
Assoc Fee Paid Per Monthly
County Pierce
Net Operating Income 57998
Insurance Expense 4318
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name University Place
Special Listing Conditions None
Status First Look
Directions From I-5 - take exit 130 to S 56th St. Follow 56th St west to Orchard St. Turn right onto Orchard St. Property will be on right hand side in Grande Terrace community
City Tacoma
Senior Community Y/N N
High School District Tacoma
Number Of Units Total 4
MLS Area 33 - University Place
Lot Size Units Square Feet
Lot Size Square Feet 11220
Carport Spaces 5
Carport Y/N N
Listing Terms Cash Lease Purchase Owner Will Carry VA Loan
Tax Annual Amount 10335
Electric Expense 0
Fuel Expense 0
Public Remarks FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/d
Leasable Area 5584
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Coming Soon
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 8000
Property Style 54 - 4-Plex
Cap Rate 6.5
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Exterior
Exterior Amenities Cement Planked Wood Products
Lot Features Cul-De-Sac Dead End Street Paved Sidewalk
Total Parking 5
Foundation Details Concrete Ribbon
Building Area Total 3664
Lot Size Acres 0.2576
Waterfront Y/N N
Covered Spaces 5
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Patio
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Interior
Total Fireplaces 0
Total Stories 3
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 NWM2589131
Street Number 1 5209
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* Excluded Features
List By
Brian Richardson

Listing Agent

Kidder Mathews

Broker

brianr@kiddermathews.com

Email

Affordability Calculator

$6,512
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,651
Monthly Property Taxes
$861
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/30/2026$895,000 Listed Price

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5209 S Orchard Street, Tacoma, WA, 98467 is a Multi-Family Home for sale at $895,000 with 3,664 sqft and a lot size of 0.2576. 5209 S Orchard Street has 8 bedrooms, 4.0 baths, and was built in 1981. The property's zip code is 98467 which is in Tacoma, WA