Listing provided courtesy of Windermere Prof PartnersNWMLSas Distributed by MLSGrid- MLS# NWM2489726
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Request Info1129 Fawcett Avenue #A-DTacoma, WA 98402
Multi-Family · 6 Beds · 3,350 Sq. ft. | 0.07 Acres$1,169,950
Active
1129 Fawcett Avenue #A-D Overview
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New Construction 4-Plex Investment Opportunity: Discover the pinnacle of low-maintenance, high-yield real estate with this newly constructed 4-plex, intelligently built as two separate duplexes, and offering the significant advantage of a 12-year property tax abatement with land-value only taxes (2026 is $1644/yr). Proven Design & Rentability: Every inch of this property is engineered for cost-efficiency and tenant retention. Each unit features high-end, durable finishes typically reserved for luxury custom homes: Modern Interiors: Commercial-grade vinyl plank flooring, stylish quartz countertops, stainless steel appliances, and a premium trim/door package. Efficiency First: Extra insulation, energy-efficient Plygem windows, and ductless mini-split heating and AC systems. Tenant Perks: In-unit full-size washers/dryers and systems specifically tested for streamlined, easy turnovers. Unit Highlights:2-Bed/2.5-Bath (1125 SF) Units: Spacious open floor plans with an ensuite bathroom for every bedroom, plus stunning City and Downtown views!1-Bed Units (544-556 SF): Designed for maximum affordability, independence, and high demand, featuring full-size kitchens and baths. With a strong $7,800/month income stream and long-term property tax incentives, this property is designed to perform. Don’t miss your chance to secure a turnkey asset in a exceptionally prime location in Downtown Tacoma near restaurants, breweries, businesses, the Link, UW Tacoma, the Tacoma Convention Center, etc.
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1129 Fawcett Avenue #A-D Facts & Features
- Type Multi-Family
- Sq. ft. 3,350
- Price/Sq.ft. $349
- Lot 0.07 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Tacoma
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 93600
- Insurance Expense: 2000
- Net Operating Income: 79276
- Total Expenses: 9644
- Total Monthly Income: 7800
- Water/Sewer/Garbage: 6000
Building Information
- New Construction: Yes
- Year Built: 2026
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 29 - Central Tacoma
- Subdivision Name: Tacoma
Community/Development
- Amenities: Energy Package,Thermal Windows
Tax Information
- Tax Annual Amount: $1,644.00
- Tax Year: 2026
General Information
- New Construction: Completed
- Listing Terms: Cash, Conventional
- Parcel Number: 2011090081
- Possible Use: Commercial,Multi-Family
- Property Condition: Very Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3350
- Building Area Units: Square Feet
- Calculated Square Footage: 3350
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl Plank
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3350
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 3
Unit Information
- Unit Number: A-D
Exterior
Parking Information
- Open Parking: No
- Parking Total: 2
- Parking Uncovered Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Lot Size Square Feet: 3000
- Lot Size Units: Square Feet
- Site Features: Cable TV, Fenced-Partially, High Speed Internet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement Planked
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1450
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1450
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 2400
- Beds Total: 2
- Baths Total: 3
Unit 2 Details
- Actual Rent: 2400
- Beds Total: 2
- Baths Total: 3
1129 Fawcett Avenue #A-D Neighborhood
Community
98402 (Tacoma) Demographics
35
Median Age
5,975
Population Density (per sq. mile)
51%
College Educated
$57,083
Estimated Median Income
755
Estimated Total Home Owners
2,982
Estimated Total Renters
20% / 80%
Estimated Owner / Renter Divide
2
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.1129 Fawcett Avenue #A-D Monthly Cost
1129 Fawcett Avenue #A-D Market Data
Based on the last 30 days in this zip code
$476,627
Average List Price
$419
Average Price per Square Foot
4
Properties Sold
72
Average Days on Market
29
Properties for Sale
1129 Fawcett Avenue #A-D History
| Date | Value | Agent |
|---|---|---|
| 6/22/2026Source: NWMLS | $1,169,950 -2.5% |
|
| 5/12/2026Source: NWMLS | Active |
|
| 4/8/2026Source: NWMLS | Pending |
|
| 3/19/2026Source: NWMLS | March 19, 2026 |