Active

$729,950

For sale

7525 10••••• Avenue Ct E (Sign up for 50 free credits to unlock)Tacoma, WA 98404

8Beds

4Baths

3,306Sq Ft Living

12,837Sq Ft Lot

1986Year Built

Property Description

Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Oct 1, 2026
Price per Sq Ft: $221/sqft
ZIP Code: 98404
Heating: Baseboard
Construction: Wood Products, Wood Products
Property Tax (2026): $9,445/yr
Assessed Value: $732,900
Last Sold: $285,000 · May 24, 2004
County: Pierce
School District: Franklin Pierce School District

Estimated Value

$723,000Range $501,396 to $931,165

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 8

Land Info

Lot Size Acres: 0.2947
Lot Size Square Feet: 12838

Utilities

Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Rental Info

Leasable Area: 3306

Multi-Unit Info

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Square Feet: 827
Unit-2 Square Feet: 827
Unit-3 Square Feet: 827
Unit-4 Square Feet: 827
Unit 1 Total Actual Rent: 850
Unit 2 Total Actual Rent: 850
Unit 3 Total Actual Rent: 850
Unit 4 Total Actual Rent: 850

Garage and Parking

Carport Spaces: 4
Covered Spaces: 0
Open Parking: No
Parking Total: 5

School Information

High School District: Franklin Pierce
School District: Franklin Pierce

Heating and Cooling

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes
Number of Fireplaces: 0

Other Property Info

Source Listing Status: Active
County: Pierce
Directions: GPS
Tax Year: 2026
Area: 64 - Parkland/Midland
List Development Name: Tacoma
Source Neighborhood: Tacoma
Parcel Number: 4161000300
Subdivision: Tacoma

Homeowners Association

Association: Yes

Building and Construction

Year Built: 1986
Building Area Total: 3306
Building Area Units: Square Feet
Construction Materials: Wood Products, Wood Products
Property Age: 40
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1986

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 1, 2026	Listed	$729,950	$221
Sep 30, 2026	Listing removed	-	-
Sep 21, 2026	Price Changed	$729,950	$221
Jun 16, 2026	Listed	$749,950	$227
May 24, 2004	Sold	$285,000	$86
Apr 8, 2003	Sold	$260,000	$79
Mar 7, 2002	Sold	$162,000	$49
Mar 29, 1998	Sold	$146,900	$44
Nov 7, 1994	Sold	$145,000	$44
Oct 6, 1991	Sold	$133,000	$40
Nov 6, 1985	Sold	$200,000	$60

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$9,445	$732,900	$182,400	$550,500	$732,900
2025	$9,107	$732,900	$182,400	$550,500	$732,900
2024	$8,833	$722,300	$182,400	$539,900	$722,300
2023	$8,656	$741,800	$184,800	$557,000	$741,800
2022	$8,333	$643,700	$146,300	$497,400	$643,700
2021	$7,259	$519,700	$109,400	$410,300	$519,700
2020	$6,431	$431,900	$97,600	$334,300	$431,900
2019	$5,409	$395,300	$91,200	$304,100	$395,300
2018	$5,510	$304,600	$68,800	$235,800	$304,600
2017	$5,117	$270,700	$62,600	$208,100	$270,700
2016	$4,750	$245,100	$55,700	$189,400	$245,100
2015	$4,449	$219,900	$48,100	$171,800	$219,900

Nearby Schools

4/10
Harvard Elementary School
Public · Elementary · Grades K-5
0.7 mi
4/10
Morris Ford Middle School
Public · Middle · Grades 6-8
1.9 mi
4/10
Franklin-Pierce High School
Public · High · Grades 9-12
2.2 mi
NR
Concordia Christian Academy
Private · Elementary, Middle, High · Grades K-12
1.1 mi