Listing provided courtesy of Keller Williams Rty TacomaNWMLSas Distributed by MLSGrid- MLS# NWM2498485
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Request Info9210 9212 204th Street EGraham, WA 98338
Multi-Family · 6 Beds · 3,168 Sq. ft. | 0.83 Acres$750,000
Active
9210 9212 204th Street E Overview
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Exceptional investment opportunity featuring a performing duplex plus a detached single-level home. Ideal for house hacking, multi-generational living, or a strong addition to an investment portfolio. Each unit offers 2 bedrooms and 1 bathroom with functional, single-level living. and each has its own private garage. The home is 1240 SF & each side of the duplex is 948 SF. This large lot, nearly an acres in size, presents potential for future development or expansion (buyer to verify), adding additional upside to an already compelling asset. Well water and septic systems help keep operating expenses low, enhancing overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property provides both immediate income and long-term appreciation potential in a desirable location for stable tenancy.
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9210 9212 204th Street E Facts & Features
- Type Multi-Family
- Sq. ft. 3,168
- Price/Sq.ft. $237
- Lot 0.83 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Bethel
- Elementary School: Rocky Ridge Elem
- Middle Or Junior School: Frontier Jnr High
- High School: Graham-Kapowsin High
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 60456
- Insurance Expense: 3671
- Net Operating Income: 45699
- Total Expenses: 11734
- Total Monthly Income: 5038
- Water/Sewer/Garbage: 720
Building Information
- New Construction: No
- Year Built: 1977
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 89 - Graham/Frederickson
- Subdivision Name: Graham
Tax Information
- Tax Annual Amount: $7,343.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 0418047001
- Possible Use: Multi-Family,Residential
- Property Condition: Average
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 3
Beds/Baths
- Bedrooms Possible: 6
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3168
- Building Area Units: Square Feet
- Calculated Square Footage: 3168
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Heating: Yes
- Leasable Area: 3168
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Wood
- Security Features: Partially Fenced
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Features: RV Parking
- Parking Total: 9
- Parking Uncovered Total: 6
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Paved
- Lot Size Acres: 0.8286
- Lot Size Square Feet: 36096
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
- Elevation Units: Feet
- Water Source: Public, Shared Well
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 3
- Exterior Features: Wood Products
- Number Of Units Total: 3
- Sewer: Septic Tank
Unit Information
Unit 1 Details
- Actual Rent: 1448
- Beds Total: 2
- Baths Total: 2
Unit 3 Details
- Actual Rent: 1695
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1895
- Beds Total: 2
- Baths Total: 1
9210 9212 204th Street E Neighborhood
Community
98338 (Graham) Demographics
40
Median Age
536
Population Density (per sq. mile)
30%
College Educated
$83,394
Estimated Median Income
8,826
Estimated Total Home Owners
1,310
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.9210 9212 204th Street E Monthly Cost
9210 9212 204th Street E Market Data
Based on the last 30 days in this zip code
$671,392
Average List Price
$297
Average Price per Square Foot
32
Properties Sold
69
Average Days on Market
183
Properties for Sale
9210 9212 204th Street E History
| Date | Value | Agent |
|---|---|---|
| 5/26/2026Source: NWMLS | $750,000 -3.2% |
|
| 4/16/2026Source: NWMLS | Active |
|
| 4/6/2026Source: NWMLS | Pending Inspection |
|
| 3/27/2026Source: NWMLS | March 27, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |