1722 E 56th Street, Tacoma, WA 98404

Local realty services provided by:Tucker Realty ERA Powered
Listed by: charles burnett
Office: real broker llc.
MLS#:2517132
Source:NWMLS
1722 E 56th Street,Tacoma, WA 98404
$757,500
  • - Beds
  • - Baths
  • 3,800 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$757,500
  • Price per sq. ft.:$199.34

About this home

Solid, turn-key fourplex with strong cash flow and upside in rents. Each spacious 938 SF unit features 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three of the four units have been renovated with high-end finishes. Recent exterior upgrades include paint, doors, and windows. Large parking area with reserved spaces for tenants. Current 7.7% cap rate with additional upside through future rent growth. Strong fit for both investors seeking stable cash flow and owner-occupants looking to offset their mortgage through rental income. One unit has been intentionally left vacant to allow for easy showings and flexibility for a potential owner-occupant buyer. Convenient location near amenities supports consistent rental demand and long-term appreciation potential.

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Home facts

  • Year built:1983
  • Listing ID #:2517132
  • Updated:May 08, 2026 at 11:01 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Engineered Hardwood, Laminate
  • Living area:3,800 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1983
  • Building area:3,800 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$757,500
  • Price per sq. ft.:$199.34
  • Tax amount:$8,684 (2026)

Parking

  • Total parking spaces:4
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