4019 S Puget Sound Avenue, Tacoma, 98409
MLS® #: 2405284
Active, 114 Days on Market
Listing Office: Northmarq Multifamily, LLC
Last Update: 2025-10-31
0
Garages
114
Dom
0.37
Acres
2007
Built
We are pleased to present the Puget Sound Townhomes, a rare investment opportunity consisting of 10 well-maintained townhome-style units in Tacoma, WA. Each unit is 3 Beds / 2.5 Baths, approximately 1,301 sq ft with an attached garage and in unit full size WD. Built in 2007, the property consists of 5 tax parcels yielding a potential exit strategy to be sold as duplexes and single-family residences. The property is currently fully rented and operating at an in place 5.94% Cap Rate with significant rental upside to closer to a 7% Cap Rate.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $3,095,000 to $2,995,000 |
Features of 4019 S Puget Sound Avenue
| MLS® # | 2405284 |
|---|---|
| Price | $2,995,000 |
| Bathrooms | 0.00 |
| Acres | 0.37 |
| Year Built | 2007 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4019 S Puget Sound Avenue |
|---|---|
| Area | 48 - South Tacoma |
| Subdivision | South Tacoma |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98409 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit(s) |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood Products |
|---|
School Information
| District | Tacoma |
|---|---|
| Elementary | Reed |
| Middle | Giaudrone Mid Sch |
| High | Foss |
Additional Information
| Days on Market | 114 |
|---|---|
| Cumulative Days on Market | 114 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $33,527 |
Listing Details
| Office | Northmarq Multifamily, LLC |
|---|
