Courtesy of Berkshire Hathaway HS NW and NWMLSNWMLS

OverviewEstate Overview - $700,000Closed

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1122 Lafayette St S, #1-4,

Tacoma, WA 98444

Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate.Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint.Added income from on-site coin-op laundry plus private storage for each unit.A hedge against inflation, this property produces steady monthly cash flow and offers tax advantages.With strong occupancy, rental demand, and income streams, it combines reliability with growth potential.Prime location near a new elementary school, PLU, JBLM, retail, dining, and quick access to WA-512 & I-5...See More

  • 0 Beds
  • 0 Baths
  • 2546 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 750,000
Listing Date: 10/01/2025
Days on dealty:Was on Dealty for 147 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:1957
Has HOA:No
Status Change Date:February 25, 2026
Pool:No
Cumulative Days on market:110 days
Last Updated:03/29/2026, 01:07:44 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Stucco
  • Roof: Metal
Flooring
  • Laminate
  • Vinyl Plank
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Stucco,
Lot Details
  • Lot size: 0.1607 Acres / 7000 Square feet

AmenitiesAmenities

Utilities
  • Cooling - Wall Unit(s)
  • Heating - Wall Furnace
Laundry
    --
Parking
    --

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
William Weflen

(Berkshire Hathaway HS NW)

MLS # NWM2438390

1122 Lafayette St S

Tacoma, WA 98444

$700,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/1122-lafayette-st-s-1-4-tacoma-wa-98444
Approx sqft
2546
Year Built
1957
Lot Size
7000 sqft/ 0.161 acres

Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% CAP RATE with upside potential!! Each unit is single-level, 1 bed/1 bath, with proven 0% vacancy rate. Recent improvements include a brand-new metal roof, refreshed exterior, and two updated units with luxury vinyl plank flooring and new paint. Added income from on-site coin-op laundry plus private storage for each unit. A hedge against inflation, this property produces steady monthly cash flow and offers tax advanta...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 03/29/2026, 01:07:44 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.