$5,500,000
Active 18,000
SqFt
1981
Built
Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.
MORTGAGE CALCULATOR
$27,811
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$5,500,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)18,000 sqft
Lot Size1.45 Acres
Year Built1981
MLS® Number2495107
StatusActive
Property Tax49534
HOA/Condo/Coop FeesN/A
GENERAL
Acres1.45
Additional Property UseMulti-Family
Carport20
GarageYes
Garage Spaces20
Number Of Stories2
Parking Spaces40
Property Sub TypeMulti Family
SqFt Total18000
UtilitiesCable Available, Sewer Connected
ZoningMulti-Family
INTERIOR
FlooringVinyl, Carpet
HeatingElectric, Baseboard
EXTERIOR
Construction DetailsWood Siding
FencingPartial
Lot FeaturesPaved
Patio And PorchPatio
RoofComposition
ViewTerritorial
WaterviewTerritorial
COMMUNITY
Financing Terms AvailableCash, Conventional
MLS Area45 - South Tacoma
School DistrictTacoma
SCHOOLS
School DistrictTacoma
Elementary SchoolManitou Park
Middle SchoolGray
High SchoolMt Tahoma
RECENT ACTIVITY
March 31, 2026Active
Listing courtesy of VPMG Property Management
Courtesy of NWMLS
Listing courtesy of Avenir Gedarevich of VPMG Property Management
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-15 03:41 AM PDT
Listing courtesy of Avenir Gedarevich of VPMG Property Management
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-15 03:41 AM PDT
Comps
An estimate is not available for this listing.
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