5209 S Orchard Street, Tacoma, WA 98467
Local realty services provided by:Tucker Realty ERA Powered
Listed by: brian richardson, dan swanson
Office: kidder mathews
MLS#:2589131
Source:NWMLS
5209 S Orchard Street,Tacoma, WA 98467
$895,000
- - Beds
- - Baths
- 3,664 sq. ft.
- Multi-family
- First Look
Price summary
- Price:$895,000
- Price per sq. ft.:$244.27
- Monthly HOA dues:$350
About this home
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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Home facts
- Year built:1981
- Subdivision & Development:University Place
- Listing ID #:2589131
- Updated:October 01, 2026 at 12:23 AM
Rooms and interior
- Living area:3,664 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1981
- Building area:3,664 sq. ft.
- Lot area:0.26 Acres
- Lot Features:Cul-De-Sac, Dead-end Street, Paved, Sidewalk
- Construction Materials:Cement Planked, Wood Products Exterior Finish
- Exterior Features:Deck, Patio
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$244.27
- Tax amount:$10,335 (2026)
Features and amenities
- Amenities:Cable TV
Parking
- Total parking spaces:5
- Garage:Yes
- Garage spaces:5
- Carport spaces:5
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