1122 Lafayette St S 1-4, Tacoma, 98444
MLS® #: 2438390
Active, 30 Days on Market
Listing Office: Berkshire Hathaway HS NW
Last Update: 2025-10-31
0
Garages
30
Dom
2,546
Square feet
0.16
Acres
1957
Built
Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate. Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint. Added income from on-site coin-op laundry plus private storage for each unit. A hedge against inflation, this property produces steady monthly cash flow and offers tax advantages. With strong occupancy, rental demand, and income streams, it combines reliability with growth potential. Prime location near a new elementary school, PLU, JBLM, retail, dining, and quick access to WA-512 & I-5. Please do not disturb occupants.
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $750,000 to $730,000 |
Features of 1122 Lafayette St S 1-4
| MLS® # | 2438390 |
|---|---|
| Price | $730,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,546 |
| Acres | 0.16 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1122 Lafayette St S 1-4 |
|---|---|
| Area | 63 - Parkland |
| Subdivision | Parkland |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98444 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Wall Unit(s) |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Stucco |
|---|---|
| Lot Description | Corner Lot, Paved |
| Foundation | Poured Concrete |
School Information
| District | Franklin Pierce |
|---|---|
| Elementary | James Sales Elem |
| Middle | Perry G Keithley Mid |
| High | Wash High |
Additional Information
| Days on Market | 30 |
|---|---|
| Cumulative Days on Market | 30 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $6,603 |
Listing Details
| Office | Berkshire Hathaway HS NW |
|---|
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