Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2505106MLS Provider

3202 S D StreetTacoma, WA 98418

Multi-Family · 6 Beds · 4,032 Sq. ft. | 0.18 Acres
$999,950 Active

3202 S D Street Overview

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Perched above the city, this striking mid-century modern style fourplex captures sweeping views of downtown Tacoma, Commencement Bay, and the Tacoma Dome from every level. A true standout, the property features oversized units that live large and feel more like homes than apartments. The lower-level one-bedroom units span nearly 1,000 sqft each, complete with fully fenced yards and stunning views both inside and out in the large yards. Upstairs, the spacious two-bedroom units approach 1,100 sqft and showcase fully rebuilt decks with storage, plus incredible view from every north-facing window. Three of the four units have been beautifully renovated with fresh paint, updated lighting, new flooring, and stylish kitchens and baths. The newly completed fully renovated upper-right unit shines with a designer kitchen featuring under-cabinet lighting, a rare full-size pantry, new appliances, new flooring and carpet, all-new lighting, and a thoughtfully upgraded bath with heated tile floors. Ideal for an owner-occupant seeking a savvy “house hack” or an investor looking to maximize rents, this property delivers flexibility and upside. Ample covered parking, tons of street parking, and an on-site laundry room with nearly new machines add both convenience and additional income. A rare opportunity to own a view property with scale, style, and strong income potential - this is one you don’t want to miss.

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3202 S D Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,032
  • Price/Sq.ft. $248
  • Lot 0.18 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: 1200
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 93240
  • Insurance Expense: 5828
  • Net Operating Income: 66004
  • Total Expenses: 28523
  • Total Monthly Income: 7895
  • Water/Sewer/Garbage: 10894

Building Information

  • New Construction: No
  • Year Built: 1967

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 54 - South Tacoma
  • Subdivision Name: Tacoma

Community/Development

  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Tax Information

  • Tax Annual Amount: $10,601.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 2082080030
  • Possible Use: Multi-Family
  • 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: 4032
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4032
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4352
  • 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: 7
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Corner Lot, Curbs, Open Space, Paved, Value In Land
  • Lot Size Acres: 0.1808
  • Lot Size Square Feet: 7875
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Sprinkler System
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Torch Down
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 5
  • Carport: No
  • Covered Spaces: 5
  • Exterior Features: Wood
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1720
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1755
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1795
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2500
  • Beds Total: 2
  • Baths Total: 1

3202 S D Street Neighborhood

Community

98418 (Tacoma) Demographics

39
Median Age
5,729
Population Density (per sq. mile)
30%
College Educated
$60,649
Estimated Median Income
2,542
Estimated Total Home Owners
1,505
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

3202 S D Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3202 S D Street Market Data

Based on the last 30 days in this zip code

$447,626
Average List Price
$270
Average Price per Square Foot
10
Properties Sold
49
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

3202 S D Street History

Date Event Value Agent
6/18/2026Source: NWMLS Price Reduction
$999,950 -4.8%
6/9/2026Source: NWMLS Price Reduction
$1,049,950 -3.7%
4/10/2026Source: NWMLS Added to Database
April 10, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021