4846 S 48th St - Apartments FOR SALE


Tacoma, WA 98409- South Tacoma
$2,500,000 USD
360-771-0010
4846 S 48th St, Tacoma, WA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/15
null | 4.08% Cap Rate

4846 S 48th St
Tacoma, WA 98409
South Tacoma


HIGHLIGHTS

  • First time to market opportunity to acquire the Orchard St Duplexes, a rare collection of four duplex buildings totaling 8 residential units in Tacoma
  • Four duplex buildings totaling 8 units, each featuring spacious 3-bedroom 2-bathroom layouts designed for comfortable residential living
  • Desirable large floor plans averaging approximately 1,200 square feet per unit, offering significantly more living space than traditional apartment un
  • Residential style duplex configuration creating a neighborhood living environment with strong tenant appeal and long-term occupancy stability
  • Strong demand for three-bedroom rental housing in Tacoma, appealing to families and tenants seeking larger living spaces

OVERVIEW

Orchard St Duplexes is a collection of four duplex buildings totaling eight residential units on just over an acre in a quiet Tacoma neighborhood near University Place. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,280 square feet across two stories, with in-unit washer and dryer, double-pane vinyl windows, and a private garage. Wood-frame construction built in the early 1990s. Convenient access to I-5, Highway 16, and Tacoma Mall Boulevard.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orchard St Duplexes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

R3

APN/PARCEL ID

022024-6046,022024-6047,022024-6048,022024-6049

ASK ABOUT THIS PROPERTY

Tanner FogleParagon Real Estate AdvisorsMore Info
360-771-0010

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Tanner FogleParagon Real Estate AdvisorsMore Info
360-771-0010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.