1129 Fawcett Avenue # A-D Tacoma, WA $ 1,169,950
1129 Fawcett Avenue # A-D
$ 1,169,950
New Construction
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1129 Fawcett Avenue # A-D

Tacoma, WA, 98402
$ 1,169,950
Baths0.0 Sq 3,350

Monthly Estimate*

$ 7,387

Listed by Windermere Prof Partners
1129 Fawcett Avenue # A-D, Tacoma, WA 98402 - Image 1
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Studio

Multi-Family Home for sale in Tacoma, WA

for $1,169,950. This 3,350 square foot home was built in 2026 on a lot size of 0.0689.

New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes, and offering the significant advantage of a 12-year property tax abatement with land-value only taxes (2026 is $1644/yr). Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes: Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package. Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems. Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers. Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths. With a strong $7,800/month income stream and long-term property tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location in Downtown Tacoma near restaurants, breweries, businesses, the Link, UW Tacoma, the Tacoma Convention Center, etc.

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Multi-Family Active

Price

$ 1,169,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,644

Style

4-Plex

Lot Size

0.0689

Year Built

2026

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2489726

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Furnace
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 2026
View Bay City Mountains Territorial
Unit Number A-D
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 79276
Insurance Expense 2000
New Construction Y
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Tacoma
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions Use GPS. Downtown Core Tacoma. Behind the downtown YMCA. 3 blocks to the convention center. Close to UW Tacoma.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Commercial Multi-Family
Number Of Units Total 4
MLS Area 29 - Central Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 3000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 1644
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance high-yield real estate with this newly constructed 4-plex intelligently built as two separate duplexes and off
Leasable Area 3350
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Energy Package Thermal Windows
Water Company TPU
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6000
Property Style 54 - 4-Plex
Cap Rate 6.7
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Exterior
Exterior Amenities Cement Planked
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 3350
Lot Size Acres 0.0689
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Total 2
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
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 NWM2489726
Street Number 1 1129
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* Excluded Features
List By
Ryan D Meacham

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$7,524
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,387
Monthly Property Taxes
$137
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
6/22/2026$1,169,950 -2.50% Price Down
3/19/2026$1,199,950 Listed Price

Map


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1129 Fawcett Avenue # A-D, Tacoma, WA, 98402 is a Multi-Family Home for sale at $1,169,950 with 3,350 sqft and a lot size of 0.0689. 1129 Fawcett Avenue # A-D is a studio with 0.0 baths and was built in 2026. The property's zip code is 98402 which is in Tacoma, WA