2076 E 56th Street, Tacoma, Washington 98404

WA, Tacoma
$1,050,000
  • 4,076 Sqft
  • Residential Income Property Type
  • 1986 Year Built
  • Pending Status
Property Description

Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest’s hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term tenants. The property offers a significant opportunity for value appreciation. The current rental income is below competitive market value, suggesting a clear path to immediate value appreciation and strong potential Cap Rate of 5-6%. Units have been updated with kitchens featuring newer appliances & white cabinetry, durable flooring, and in-unit washers/dryers. On-site parking includes 8 designated spaces. The location offers enviable lifestyle appeal, situated moments from Swan Creek Park’s acclaimed MTB Trail, half a mile from First Creek Middle School, & close to Cloverdale Park & essential retail. This 4-plex represents a prime addition to any portfolio, offering immediate cash flow, tangible upside, and a highly sought-after unit mix. Strong rental demand in this corridor ensures stability & continuous occupancy. Do not miss this chance to solidify your investment future in the strong Tacoma market. Please respect tenant privacy. Please DO NOT disturb Occupants.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2502696
  • Price: $1,050,000
  • Square Footage: 4,076 Sqft
  • Year Built: 1986
  • Lot Area: 0.24 Acre
  • Status: Pending
  • Office Name: Redfin
  • Agent Name: Victoria Baptiste
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Vinyl
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Tacoma
  • Zipcode 98404
  • Street: 56th
  • Street Number: 2076
  • Street Suffix: Street
  • Longitude: W123° 36' 0.1''
  • Latitude: N47° 12' 20.9''
  • Directions: GPS Works. From Portland Ave, East on 56th St Right to stay on E 56th to property at the end of the street.
  • Mls Area Major: 61 - Southeast Tacoma
  • Street Dir Prefix: E
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Tacoma
  • Middle School: Buyer To Verify
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 2
  • On Market Date: 2026-04-16
  • Number Of Units Total: 4
  • Lot Features: Dead End Street
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 9000
Listing Information
  • Co List Agent Full Name: Chris Baptiste
  • Co List Agent Mls Id: 146999
  • Co List Office Mls Id: 3136
  • Co List Office Name: Redfin
  • List Agent Mls Id: 108600
  • List Office Mls Id: 3136
  • Listing Term: Cash,Conventional
  • Mls Status: Pending
  • Modification Timestamp: 2026-04-28T07:18:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-28T07:16:34Z
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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