3919 Mason Loop Road, Tacoma, WA 98409

$835,000
3,248
SqFt

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Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com

List Price
$835,000
Status
ACTIVE
MLS#
2588359
Days on Market
0
Style
54 - 4-Plex
Finished SqFt
3,248
Area Total SqFt
3248
Annual Tax Ammount
4271
Lot Size (sq ft)
11,840
Sewer
Sewer Connected

Property Description

Turnkey 4-plex set far back from the street with a vacant 2 bed, 1 bath unit - the perfect setup for househackers or buy-and-hold investors! Backing to a protected green space with a private backyard, this durable, easy-to-manage property features four identical 2-bed/1-bath layouts. Each unit offers in-unit W/D & private outdoor living, featuring lower patios & elevated upper wood decks. Recent 2025 updates ensure low maintenance, including new gutters, fresh exterior paint, & new flooring. Features like the community park directly across the street & 8 dedicated parking spaces (2 per unit) make this well maintained fourplex a rare find! Rents are a bit below market, leaving strong potential for future upside. A compelling, practical opportunity with parking, outdoor space, & immediate value for the next owner. Move right in a HouseHack your way to financial independence, or re-lease for top-of-market rent! Live well & invest wisely.

Additional Information

List Date
2026-10-09 16:28:13
Community
Oakland
Net Operating Income
$53,952
Gross Adjusted Income
$68,094
Gross Scheduled Income
$70,200
Total Monthly Income
$5,850
Insurance Expenses
$2,317
Water/Sewer/Garbage Expenses
$7,553
Gross Rent Multiplier
11.89
Total Expenses
$14,141
Cap Rate
6.5
Vacancy Rate
3
Total Number of Units
4
Unit Name
3919
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
Roof
Composition
Site Features
Cable TV
Energy Source
Electric
School District
Tacoma
Elementary School
Whittier
Middle School
Wainwright Intermediate
High School
Foss
Total Monthly Income
$5,850
Gross Scheduled Income
$70,200
Vacancy Rate
3
Gross Adjusted Income
$68,094
Tax Year
2026
Insurance Expense
$2,317
W/S/G Expenses
$7,553
Total Expenses
$14,141
Net Operating Income
$53,952
Gross Rent Multiplier
11.89
Cap Rate
6.5
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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