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

Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: william weflen
Office: berkshire hathaway hs nw
MLS#:2438390
Source:NWMLS
1122 Lafayette St S #1-4,Tacoma, WA 98444
$700,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,546 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$700,000
  • Price per sq. ft.:$274.94

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:2438390
  • Updated:January 30, 2026 at 08:58 PM

Rooms and interior

  • Living area:2,546 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Metal
  • Year built:1957
  • Building area:2,546 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Wash High
  • Middle school:Perry G Keithley Mid
  • Elementary school:James Sales Elem

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$274.94
  • Tax amount:$6,603 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 30, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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