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  • Listed by: Kidder Mathews • Brian Richardson
    $895,000

    5209 S Orchard Street, Tacoma, WA 98467

    8beds
    4baths
    3,664sqft
    : 
    $6,405/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $244/sqft
    $350/mo HOA

    What's special

    FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.2% cap and market cap rate of 7.8%.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Richardson,

    Kidder Mathews,

    Dan S. Swanson,

    Kidder Mathews

    Source: NWMLS as distributed by MLS GRID,MLS#: 2589131MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 3,664
      • Total interior livable area: 3,664 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Garage
      • Garage spaces: 5
      • Carport spaces: 5
      • Covered spaces: 10
      Features
      • Has view: Yes
      • View description: Partial, Territorial
      Lot
      • Size: 0.26 Acres
      • Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk, Cable TV, Deck, Patio
      Details
      • Parcel number: 6550700030
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 4-Plex
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Cement Planked, Wood Products, Cement Plank
      • Foundation: Concrete Ribbon
      • Roof: Composition
      Condition
      • Year built: 1981
      • Major remodel year: 1995

      Utilities & green energy

      • Sewer: Sewer Connected

      Community & HOA

      Community
      • Subdivision: University Place
      HOA
      • HOA fee: $350 monthly
      Location
      • Region: Tacoma

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $960,700
      • Annual tax amount: $10,335
      • Date on market: 9/30/2026
      • Listing terms: Lease Purchase,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/5/2026Listed for sale$895,000+272.9%$244/sqft
        Source: NWMLS as distributed by MLS GRID #2589131 Report a problem
        9/13/2024Listing removed$1,750
        Source: Zillow Rentals Report a problem
        8/15/2024Listed for rent$1,750
        Source: Zillow Rentals Report a problem
        8/6/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/12/2024Listed for rent$1,750
        Source: Zillow Rentals Report a problem
        7/3/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/5/2024Price change$1,750+4.5%
        Source: Zillow Rentals Report a problem
        2/3/2024Listed for rent$1,675+28.8%
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/21/2020Listing removed$1,300
        Source: NORTHEND GROUP LLC Report a problem
        10/3/2019Listed for rent$1,300
        Source: Owner Report a problem
        1/13/2003Sold$240,000+33.4%$66/sqft
        Source: Public Record Report a problem
        1/17/1995Sold$179,943$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,902 +1.7%$960,700 +0.3%
        2024$15,634 +57.2%$957,600 +7.1%
        2023$9,944 +14%$894,200 +6.4%
        2022$8,720 -1.1%$840,600 +9.2%
        2021$8,815 +46.7%$769,500 +45.2%
        2019$6,008 -4.2%$529,800 +14.5%
        2018$6,270 +11.5%$462,700 +16.5%
        2017$5,625 +22.2%$397,200 +29.2%
        2016$4,605 $307,400 +16%
        2014$4,605 +5.2%$265,000 +19.6%
        2013$4,377 $221,600 -11.2%
        2012-- $249,600 -9.8%
        2011-- $276,800 -13%
        2010-- $318,100 +59.2%
        2001$3,514 $199,800 -0.2%
        2000$3,514 $200,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Tacoma

        Getting around

        47 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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