Tacoma, WA 98444,1122 Lafayette St S #1-4
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Tacoma, WA 98444,1122 Lafayette St S #1-4
Tacoma, WA 98444,1122 Lafayette St S #1-4
Tacoma, WA 98444,1122 Lafayette St S #1-4
Tacoma, WA 98444,1122 Lafayette St S #1-4
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Stacy Sauer

Stacy Sauer

+1(253) 457-1137
Listed by Berkshire Hathaway HS NW William Weflen 
$ 700,000
Est. payment /mo
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Pending

1122 Lafayette St S #1-4 Tacoma, WA 98444

4 Beds

4 Baths

2,546 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,546 sqft

Price per Sqft $274

Subdivision Parkland

MLS Listing ID 2438390

Style 54 - 4-Plex

Bedrooms 4

Year Built 1957

Annual Tax Amount $6,603

Lot Size 7,000 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Pierce

Area 63 - Parkland

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Stucco

Amenities Available Cable TV, Fenced-Partially, Patio

View Y/N No

Roof Type Metal

Building

Lot Description Corner Lot, Paved

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools James Sales Elem

Middle Schools Perry G Keithley Mid

High Schools Wash High

School District Franklin Pierce

Others

Senior Community No

Acceptable Financing Assumable, Cash Out, Conventional, FHA, VA Loan

Listing Terms Assumable, Cash Out, Conventional, FHA, VA Loan

Virtual Tour https://player.vimeo.com/video/1123422835

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Chester H Thompson Elementary School

    Public | PK - 6

  • 6

    Helen B. Stafford Elementary School

    Public | PK - 5

  • 5

    Brookdale Elementary School

    Public | PK - 5

  • 5

    James Sales Elementary School

    Public | KG - 5

  • 5

    Fern Hill

    Public | PK - 5

  • 5

    Harvard Elementary School

    Public | KG - 5

  • 4

    Manitou Park

    Public | PK - 5

  • 4

    Boze

    Public | PK - 5

  • 2

    Birney

    Public | PK - 5

  • 1

    Elmhurst Elementary School

    Public | KG - 5

  • 1

    Christensen Elementary School

    Public | PK - 5

  • 1

    Larchmont

    Public | PK - 5

  • 1

    Arlington

    Public | PK - 5

  • 0

    Imagination School

    Private | PK - 6

  • 0

    St Mary's Academy

    Private | KG - 8

  • 0

    Parkland Lutheran Church & School

    Private | PK - 8

  • 0

    Trinity Lutheran Preschool & Childcare

    Private | PK - KG

  • 0

    Southgate Elementary School

    Public | PK - 5

  • 0

    Faith Lutheran School

    Private | PK - 8

  • 0

    Oakwood Elementary School

    Public | PK - 5

Middle Schools 6
  • 5

    Morris Ford Middle School

    Public | 6 - 8

  • 4

    Spanaway Middle School

    Public | 6 - 9

  • 3

    Perry G Keithley Middle School

    Public | 6 - 8

  • 3

    Baker

    Public | 6 - 8

  • 1

    Gray

    Public | 6 - 8

  • 0

    Gates Secondary School

    Public | 8 - 12

High Schools 4
  • 5

    Franklin Pierce High School

    Public | 9 - 12

  • 4

    Washington High School

    Public | 9 - 12

  • 0

    Gates Open Doors Program

    Public | 9 - 12

  • 0

    Mount Rainier Lutheran High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Stacy Sauer
Stacy Sauer

Agent | License ID: 20112332

+1(253) 457-1137

reagentstacy.com

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1122 Lafayette St S #1-4