917 75th Street E, Tacoma, WA 98404

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: brian thayer
Office: keller williams rty tacoma
MLS#:2571607
Source:NWMLS
917 75th Street E,Tacoma, WA 98404
$875,000
  • - Beds
  • - Baths
  • 3,328 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$875,000
  • Price per sq. ft.:$262.92

About this home

Looking to expand your Tacoma multifamily portfolio or make your first investment? This fourplex offers a strong value-add opportunity with several major improvements already completed or underway. The exterior has been freshly painted, two units have been fully renovated, and two additional units have received bathroom updates. The crawl space has also been improved with a new vapor barrier and insulation, and a new roof is scheduled for installation. Additional upside remains in the two units that have not yet been fully renovated, along with the opportunity to bring rents closer to current market levels. With an effective renovation and leasing strategy, the property offers the potential to improve cash flow, target approximately a 6% return, and build long-term equity through increased income and property value. A solid opportunity for an investor looking to improve an existing asset, increase rents and unlock additional value in the Tacoma market.

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Home facts

  • Year built:1983
  • Subdivision & Development:Parkland
  • Listing ID #:2571607
  • Updated:September 06, 2026 at 11:44 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:3,328 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1983
  • Building area:3,328 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Paved
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck, Fenced-Partially

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$262.92
  • Tax amount:$9,393 (2026)

Parking

  • Total parking spaces:8
  • Carport spaces:4
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