1722 E 56th Street, Tacoma, WA 98404

Property Description

Solid, turn-key fourplex with strong cash flow and upside in rents. Each spacious 938 SF unit features 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace. Three of the four units have been renovated with high-end finishes. Recent exterior upgrades include paint, doors, and windows. Large parking area with reserved spaces for tenants. Current 7.7% cap rate with additional upside through future rent growth. Strong fit for both investors seeking stable cash flow and owner-occupants looking to offset their mortgage through rental income. One unit has been intentionally left vacant to allow for easy showings and flexibility for a potential owner-occupant buyer. Convenient location near amenities supports consistent rental demand and long-term appreciation potential.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:19PM

Listing Office:

Real Broker LLC : 855-450-0442

Listing Agent:

Charles Burnett : 855-450-0442

MLS ID:

2517132

Interior

• Flooring: Ceramic TileEngineered HardwoodLaminateCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermal Windows

Exterior

• General: Wood
• Parking: Parking spaces: 4

Construction

• Roofing: Composition
• General: 54 - 4-PlexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tacoma
• County: Pierce

Lot

• Zoning: 5345000031
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls