Prepared by https://www.commercialmls.com
5404 S M St Tacoma WA 98408
Listing #: 691540 | Status: Available | Last Modified: 11/17/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 178,790 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 35,334 |
| Net Operating Income | 134,516 |
| CAP Rate | 8.08 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 8.082 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 10 |
| # of Floors | 1 |
| # of Units | 10 |
| Total Building SF | 7,889 SF |
| Net Rentable Area | 7,889 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 11,761 SF |
| Acres | 0.27 |
| Year Built | 1949 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Pierce |
| Market Area | Allenmore Medical District |
| Tax ID # | 7785006900 |
| Zoning | C1 |
| Parking Information | |
|---|---|
| #Covered Spaces | 7 |
| # Uncovered Spaces | 0 |
| Total Parking Spots | 7 |
SEE_NOTES
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
5404 South M Street
5404 S M St Tacoma WA 98408
Listing #: 691540 | Status: Available | Listing Date: 1/16/2025 | Last Modified: 11/17/2025 | Email Listing






















