5201 - 5215 S Orchard Street, Tacoma, Washington 98467

WA, Tacoma
$5,500,000
  • 18,000 Sqft
  • Residential Income Property Type
  • 1981 Year Built
  • Active Status
Property Description

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2495107
  • Price: $5,500,000
  • View: Territorial
  • Square Footage: 18,000 Sqft
  • Year Built: 1981
  • Lot Area: 1.45 Acre
  • Status: Active
  • Office Name: VPMG Property Management
  • Agent Name: Avenir Gedarevich
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Carport Spaces: 20
  • Exterior Features Wood Products
  • Flooring Carpet, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98467
  • Street: Orchard
  • Street Number: 5201 - 5215
  • Street Suffix: Street
  • Longitude: W123° 29' 42.5''
  • Latitude: N47° 12' 35.9''
  • Directions: Head south on I-5 toward Tacoma (approximately 45-50 minutes) Take exit 133 for South Orchard Street Head east on South Orchard Street The property will be on your right
  • Mls Area Major: 45 - South Tacoma
  • Street Dir Prefix: S
Neighborhood
  • Elementary School: Manitou Park
  • High School: Mt Tahoma
  • High School District: Tacoma
  • Middle School: Gray
Additional Information
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2026-03-31
  • Number Of Units Total: 20
  • Lot Features: Dead End Street, Paved, Sidewalk, Open Space
  • Garage: 20
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 49534
Listing Information
  • List Agent Mls Id: 146739
  • List Office Mls Id: 10477
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-03-31T17:59:13Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-31T17:55:55Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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