5201 S Orchard Street, Tacoma, WA 98467

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: avenir gedarevich
Office: vpmg property management
MLS#:2495107
Source:NWMLS
5201 S Orchard Street,Tacoma, WA 98467
$5,500,000
  • - Beds
  • - Baths
  • 18,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$305.56

About this home

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.

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Home facts

  • Year built:1981
  • Listing ID #:2495107
  • Updated:May 18, 2026 at 12:23 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:18,000 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1981
  • Building area:18,000 sq. ft.
  • Lot area:1.45 Acres
  • Lot Features:Dead-end Street, Open Space, Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Fenced-Partially, Patio

Schools

  • High school:Mt Tahoma
  • Middle school:Gray
  • Elementary school:Manitou Park

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$305.56
  • Tax amount:$49,534 (2025)

Features and amenities

  • Amenities:Cable TV, Gas Available, High Speed Internet

Parking

  • Total parking spaces:40
  • Garage:Yes
  • Garage spaces:20
  • Carport spaces:20
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