922 134th Street Ct S, Tacoma, WA 98444

$835,000
2,852
SqFt

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Listing courtesy of Century 21 Blue Chip.

List Price
$835,000
Status
ACTIVE
MLS#
2535947
Price Change
▼ $34,950 1784779440
Days on Market
41
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
2,852
Area Total SqFt
2852
Annual Tax Ammount
7694
Lot Size (sq ft)
25,000
Sewer
Sewer Connected

Property Description

Excellent investment opportunity in Parkland! This well-maintained fourplex generates excellent cash flow in rental income and is ideally located directly across from Gonyea Park, offering tenants convenient access to open space, recreation, and neighborhood amenities.Each of the four units features a practical and desirable 2-bedroom, 1-bath floor plan, simplifying management and appealing to a broad tenant base. Units have been updated, providing added value and tenant appeal, while the newer roof helps reduce future maintenance concerns.With strong cash flow, a proven rental history, and a convenient location near schools, shopping, public transportation, and major commuter routes, this property is an attractive addition to any investment portfolio. Whether you're a seasoned investor or looking to acquire your first multifamily asset, this income-producing property offers stability, upside potential, and long-term value.

Additional Information

List Date
2026-06-15 22:58:13
Community
Parkland
Net Operating Income
$67,706
Gross Adjusted Income
$81,360
Gross Scheduled Income
$81,360
Total Monthly Income
$6,780
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$3,960
Gross Rent Multiplier
9.74
Total Expenses
$13,654
Cap Rate
8.1
Total Number of Units
4
Unit Name
922
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1920
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric
School District
Franklin Pierce
Elementary School
Brookdale Elem
Middle School
Morris Ford Mid
High School
Wash High
Total Monthly Income
$6,780
Gross Scheduled Income
$81,360
Gross Adjusted Income
$81,360
Tax Year
2026
Insurance Expense
$2,000
W/S/G Expenses
$3,960
Total Expenses
$13,654
Net Operating Income
$67,706
Gross Rent Multiplier
9.74
Cap Rate
8.1
Based on information submitted to the MLS GRID as of . 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.
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