5404 S M St
Tacoma WA 98408
5404 South M Street
5404 S M St Tacoma WA 98408
Listing #: 691540 | Status: Available | Last Modified: 11/17/2025 |
For Sale
- Phone:(206) 491-1200
- Email:stacey@kendratoddgroup.com
- Office Name:Keller Williams Greater Seattle
- Office Phone:(206) 632-2636
- Office Website:kwgreaterseattle.com
- Call Listing AgentNo
- Use DiscretionNo
SEE_NOTES
- Listing Price$ 1,775,000.0
- $/SF$ 225.0
- $/Unit$ 1,775,000.0
- Listing StatusAvailable
- Days on Market324
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income178,790
- Vacancy Factor %5.00%
- Operating Expenses35,334
- Net Operating Income134,516
- CAP Rate 8.08 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 8.08 %
- Building StatusExisting
- # of Buildings10
- # of Floors1
- # of Units10
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF7889
- Net Rentable Area7889
- Total Office SF
- Largest Contiguous SF
- Lot SF11761
- Acres0.27
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAllenmore Medical District
- Tax ID #7785006900
- Additional Parcels
- ZoningC1
- # Covered Spaces7
- # Uncovered Spaces0
- Total Parking Spots7
- Parking Ratio
- Year Built1949
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
5404 S M St- 10 Unit
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.
Apt. D+S #38701
