




1722 E 56th Street, Tacoma, WA, 98404
About This Home
Solid, turn-key fourplex with strong cash flow and upside in rents. Each spacious 938 SF unit features 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three of the four units have been renovated with high-end finishes. Recent exterior upgrades include paint, doors, and windows. Large parking area with reserved spaces for tenants. Current 7.7% cap rate with additional upside through future rent growth. Strong fit for both investors seeking stable cash flow and owner-occupants looking to offset their mortgage through rental income. One unit has been intentionally left vacant to allow for easy showings and flexibility for a potential owner-occupant buyer. Convenient location near amenities supports consistent rental demand and long-term appreciation potential.
Getting Around
Schools
Construction
Condition
- Property condition: Average
- Year built: 1983
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 2001
Type & Style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Window features: Thermal Windows
- Flooring: Ceramic Tile,Engineered Hardwood,Laminate,Carpet
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Details
- Parcel number: 5345000031
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 7,000 sqft
Parking
- Total spaces: 4
- Uncovered spaces: 4
