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About the Listing 10477 - 146739
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.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
2495107
Year Built
1981
Total Square Footage
18,000
Lot/Acreage
1.45
County
Pierce
Building Name
Grand Terrace
Neighborhood
Manitou
Area
45 - South Tacoma
School District
Tacoma
Elementary School
Manitou Park
Middle School
Gray
High School
Mt Tahoma
Interior Details
- Bedrooms: 40
- Bathrooms: 20 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Tacoma Public Utilities
Exterior Details
- Lot Description: Dead End Street,Open Space,Paved,Sidewalk,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,Zoning: Multi-Family
- Garage Capacity: 20 car
- Parking Spaces: 40
- Zoning: Multi-Family
- Roof: Composition
- Others: Wood Products,Good
- Sewer: City of Tacoma
Financial Details
- Tax Amount: $49,534
- Taxes w/Assessments: N/A
- Tax/Property ID: 6550700010
- Tax Year: 2025
Payment Calculator
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Questions About..
5201 - 5215 S Orchard St Tacoma, WA 98467
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