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Provided by NWMLS, Listed by COMPASS
Marius Ion

10415 10423 Golden Given Road E

$899,000 10415 10423 Golden Given Road E, Tacoma, WA 98445
Opportunity to acquire a 5-plex in Tacoma's Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma's Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.
  • For Sale
    Status
  • 1962
    Year Built
  • 4,000 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 4,000 Sq.Ft.
  • Total Area: 4,000 Sq.Ft.
  • Lot Size: 0.48 Acres
  • MLS® ID: 2487537
  • Type: Multi-Family
  • Year Built: 1962
  • School District: Franklin Pierce

Interior

  • Flooring: Vinyl, Carpet

Exterior & Building

  • Stories: 1
  • Water Source: Public
  • Roof: Composition
  • Lot Features: Paved
  • Heat Type: Forced Air, Wall Unit(s)
  • Air Conditioning: Forced Air, Wall Unit(s)
  • Sewer: Sewer Connected
  • Substructure: Poured Concrete
  • Security Features: Fully Fenced
  • Other Exterior Features: Wood Products

Financial

  • Sales Price: $899,000
  • Real Estate Tax: $3,412/yr

10415 10423 Golden Given Road E

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