1131 Fawcett Avenue #a-d, Tacoma, Washington 98402

WA, Tacoma
$1,199,950
  • 3,350 Sqft
  • Residential Income Property Type
  • 2026 Year Built
  • Pending Status
Property Description

Own the “Golden Goose” of investment properties: a brand-new, turnkey 4-plex engineered for maximum cash flow and zero headaches. Built as two sleek duplexes, this high-performance asset delivers an immediate $7,800/month income stream bolstered by a massive 12-year tax abatement. Forget deferred maintenance; these units feature “quality” luxury finishes like commercial-grade vinyl plank, quartz countertops, and stainless appliances, all paired with high-efficiency ductless HVAC and extra insulation for low carry costs. The floor plans are a landlord’s dream, featuring 2-bed units with private en-suite baths and city views, plus high-demand 1-bed units designed for rapid, low-cost turnovers. This is a rare, low-maintenance powerhouse in a prime location—secure your equity and start collecting on day one.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2490175
  • Price: $1,199,950
  • View: Bay,City,Mountains
  • Square Footage: 3,350 Sqft
  • Year Built: 2026
  • Lot Area: 0.07 Acre
  • Status: Pending
  • Office Name: Windermere Prof Partners
  • Agent Name: Ryan D Meacham
  • Property Sub Type: Multi Family
  • Roof: Composition
  • New Construction Yn: 1
Features
  • Heating System Ductless, Wall Furnace
  • Cooling System Ductless
  • Exterior Features Cement Planked
  • Flooring Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98402
  • Street: Fawcett
  • Street Number: 1131
  • Street Suffix: Avenue
  • Longitude: W123° 33' 27.7''
  • Latitude: N47° 15' 6.6''
  • Directions: Use GPS. Best parking off the alley. Downtown Core Tacoma. Behind the downtown YMCA. 3 blocks to the convention center. Close to UW Tacoma.
  • Mls Area Major: 29 - Central Tacoma
  • Unit Number: A-D
Neighborhood
  • High School District: Tacoma
Additional Information
  • Water Source: Public
  • Stories Total: 3
  • Possible Use: Commercial,Multi-Family
  • On Market Date: 2026-03-19
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk, Alley
  • Foundation Details: Poured Concrete
  • Construction Materials: Cement Plank
Financial
  • Tax Annual Amount: 1642
Listing Information
  • List Agent Mls Id: 77334
  • List Office Mls Id: 9301
  • Listing Term: Cash,Conventional
  • Mls Status: Pending
  • Modification Timestamp: 2026-04-23T22:11:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-23T22:08:47Z
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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