LISTING DETAILS

5404 South M Street

5404 S M St Tacoma WA 98408

Listing #: 691540 | Status: Available | Last Modified: 11/17/2025

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income178,790
Vacancy Factor %5.00%
Operating Expenses35,334
Net Operating Income134,516
CAP Rate8.08 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Financial Summary
CAP Rate8.082
Building Information
Building StatusExisting
# of Buildings10
# of Floors1
# of Units10
Total Building SF7,889 SF
Net Rentable Area7,889 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF11,761 SF
Acres0.27
Year Built1949
Property Type
Property TypeMulti-Family
Location
CountyPierce
Market AreaAllenmore Medical District
Tax ID #7785006900
ZoningC1
Parking Information
#Covered Spaces7
# Uncovered Spaces0
Total Parking Spots7

5404 S M St- 10 Unit

Showing Instructions

SEE_NOTES

Public Comments

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.

Public Building Comments

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

For Sale

5404 South M Street

Listing Images