This listing courtesy of Lisa Le , COMPASS
$899,000

10415 10423 Golden Given Road E, Tacoma, WA 98445

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.

Listing Status:
Active
Data Last Updated:
March 15, 2026 at 1:20PM
Listing Office:
COMPASS : 425-242-6440
Listing Agent:
Lisa Le : 425-242-6440
MLS ID:
2487537
  • Flooring: VinylCarpet
  • A/C: Forced AirWall Unit(s)
  • Heating: Forced AirWall Unit(s)
  • Fireplace: Fireplaces: 0
  • General: Wood Products
  • Parking: Parking spaces: 10
  • Roofing: Composition
  • General: 55 - 5-9 UnitsPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Franklin Pierce
  • County: Pierce
  • Zoning: 0319033033
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Lisa Le , COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Midland Elementary School

2300 105th St E, Tacoma, WA, 98445

Grades KG-5

0.77 miles away

F

Ford Middle School

1602 104th St E, Tacoma, WA, 98445

Grades 6-8

0.30 miles away

F

Franklin Pierce High School

11002 18th Ave E, Tacoma, WA, 98445

Grades 9-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby

Presented by Veterans United Realty