Listing
$850,000
3841 S••••• Park Ave (Sign up for 50 free credits to unlock)Tacoma, WA 98418
Property Description
CASH-FLOWING MACHINE REPRICED TO SELL! $9,015 MONTHLY INCOME | PRICE REDUCED to a 7.58% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Fully renovated in 2020, the property features a low-maintenance brick facade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.
Property Facts & Features
- Property Type
- Multi Family
- Status
- For Sale
- Listed
- Oct 21, 2025
- ZIP Code
- 98418
- Heating
- Electric Heat,Forced Air Heat,Natural Gas Heat
- Property Tax (2026)
- $11,491/yr
- Assessed Value
- $1,055,500
- Last Sold
- $400,000 · Oct 5, 2017
- Neighborhood
- South End
- County
- Pierce
- School District
- Tacoma School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
School
- School District: Tacoma
Location
- Area: Tacoma
- County: Pierce
Unit features
- Bedroom(s) of Unit 3: 2
- Bedroom(s) of Unit 1: 1
- Bedroom(s) of Unit 2: 1
- Bath(s) of Unit 1: 1
- Bath(s) of Unit 2: 1
- Bath(s) of Unit 3: 1
Room description
- Total bath(s): 3.00
- Total bedroom(s): 6
Exterior Features
- Brick exterior, Wood exterior, Fenced yard
- Lot features: Fenced Yard
Interior Features
- Wall to wall carpeting
- Heating features: Electric heat,Forced air heat,Natural gas heat
Lot size and SQFT
- Number of Acres: 0.22
- Total finished sq. ft.: 5472.000
- Living Area: 5472.000
- Lot Size Area: 9583.000
Listing information
- Year Built: 1950
Location
Lat 47.22154 · Lng -122.44159