Listed by Kendra Todd Group
$1,775,000
5404 S M St, Tacoma, WA 98408
Details
APN 7785006900
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,889
Net Rentable (SqFt) 7,889
Units 10
Cap Rate 6.86%
NOI $121,746
Occupancy 100%
Pro-Forma Cap Rate 8.05%
Pro-Forma NOI $142,913
Price per SqFt $225
Broker Co-Op Yes
Class C
Year Built 1949
Year Renovated 2017
Buildings 1
Stories 1
Lot Size (SqFt) 11,700
Zoning TAC
Investment Type Stabilized
Ground Lease No
$1,775,000: Garden Style 10 Unit Complex with beautifully updated units
Marketing description
Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets, quartz counters, undermount sinks, microwaves and stainless appliances. Updated bathrooms with tile surrounds. All units updated with their own electric meter and wall heat. Original hardwood floors through-out most of the units. Newer roof and hot water boiler. On-site coin-op laundry room and storage units for each unit. 6 garage units that are fully rented.
Listing Contacts
Listed by Kendra Todd Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,746.00
$10,145.50/mo
Valuation Metrics
0
DSCR
6.86%
Cap Rate
6.86%
ROI
Map
Zoning
C1 CommercialNeighborhood CommercialCommercial
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View all 99 uses Last updated May 26, 2026 For deeper zoning details, reports are available at Zoneomics
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