Listing provided courtesy of Keller Williams Rlty BellevueNWMLSas Distributed by MLSGrid- MLS# NWM2497615
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901 S Grant AvenueTacoma, WA 98405
Multi-Family · 6 Beds · 2,360 Sq. ft. | 0.10 Acres$950,000
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901 S Grant Avenue Overview
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Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.
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901 S Grant Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 2,360
- Price/Sq.ft. $403
- Lot 0.10 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Tacoma
- Elementary School: Bryant
- Middle Or Junior School: Hilltop Heritage Middle
- High School: Stadium
Income/Expenses
- Other Expense: 2400
- Electric Expense: 6257
- Fuel Expense: 0
- Gross Scheduled Income: 79200
- Insurance Expense: 3279
- Net Operating Income: 51801
- Total Expenses: 27398.92
- Total Monthly Income: 6600
- Water/Sewer/Garbage: 6415
Building Information
- New Construction: No
- Year Built: 1962
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 29 - Central Tacoma
- Subdivision Name: Tacoma
Community/Development
- Amenities: Basement,Coin Op Laundry,Storage
Tax Information
- Tax Annual Amount: $9,047.92
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, VA Loan
- Parcel Number: 2009330020
- Possible Use: 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: 2360
- Building Area Units: Square Feet
- Calculated Square Footage: 2360
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Softwood, Vinyl Plank
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2360
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 0
- Parking Uncovered Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Square Feet: 4342
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Methods: Standard Frame
- Roof: Composition
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Stucco
- Number Of Units Total: 4
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1600
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1600
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1700
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1700
- Beds Total: 2
- Baths Total: 1
901 S Grant Avenue Neighborhood
Community
98405 (Tacoma) Demographics
37
Median Age
5,709
Population Density (per sq. mile)
42%
College Educated
$60,255
Estimated Median Income
4,740
Estimated Total Home Owners
5,142
Estimated Total Renters
48% / 52%
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.901 S Grant Avenue Monthly Cost
901 S Grant Avenue Market Data
Based on the last 30 days in this zip code
$485,245
Average List Price
$282
Average Price per Square Foot
25
Properties Sold
64
Average Days on Market
77
Properties for Sale
901 S Grant Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/26/2026Source: NWMLS | March 26, 2026 |
|
| 1/21/2025Source: NWMLS | Sold |
|
| 12/16/2024Source: NWMLS | Pending BU Requested |
|
| 12/12/2024Source: NWMLS | December 12, 2024 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |
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| 6/20/2022Source: NWMLS | June 01, 2021 |