10415 10423 Golden Given RD E, Tacoma, WA 98445
10415 10423 Golden Given RD E, Tacoma, WA 98445
10415 10423 Golden Given RD E, Tacoma, WA 98445
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Josh Barnard

Josh Barnard

+1(253) 677-5765
Listed by:COMPASS • Lisa Le
$799,997
Est. payment /mo
10 Beds
5 Baths
4,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $199

Subdivision Midland

MLS Listing ID 2487537

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1962

Annual Tax Amount $3,411

Lot Size 0.482 Acres

Lot Dimensions 148x123x151x124

Property Sub-Type Multi Family

Property Description

Opportunity to acquire a 5-plex in Tacoma's Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma's Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.

Location

State WA

County Pierce

Area 64 - Parkland/Midland

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

Amenities Available Fenced-Fully, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Franklin Pierce

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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Josh Barnard

Josh Barnard

+1(253) 677-5765

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