Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.
Active
Listed by: TS Property Management • Justin Park
$749,950
7525 10th Avenue Ct E, Tacoma, WA 98404
8beds
4baths
3,306sqft
:
Get pre-qualified$4,717/mo
Quadruplex, Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$227/sqft
$-- HOA
What's special
Off-street parkingFunctional layouts
- 50 days |
- 181 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Justin Park,
TS Property Management
Source: NWMLS as distributed by MLS GRID,MLS#: 2541857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 3,306
- Total interior livable area: 3,306 sqft
Property
Parking
- Total spaces: 5
- Carport spaces: 4
- Uncovered spaces: 5
Lot
- Size: 0.29 Acres
Details
- Parcel number: 4161000300
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1986
- Major remodel year: 1986
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $725,500
- Annual tax amount: $9,107
- Date on market: 6/17/2026
- Cumulative days on market: 51 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,595/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $749,950+163.1%$227/sqft |
Source:  NWMLS as distributed by MLS GRID #2541857 Report a problem | ||
| 5/21/2004 | Sold | $285,000+9.6%$86/sqft |
Source: NWMLS as distributed by MLS GRID #24050183 Report a problem | ||
| 4/8/2003 | Sold | $260,000+60.5%$79/sqft |
Source: NWMLS as distributed by MLS GRID #23003359 Report a problem | ||
| 3/8/2002 | Sold | $162,000+17.6%$49/sqft |
Source: NWMLS as distributed by MLS GRID #22006914 Report a problem | ||
| 11/1/2001 | Sold | $137,774-6.2%$42/sqft |
Source: Public Record Report a problem | ||
| 3/30/1998 | Sold | $146,900+1.3%$44/sqft |
Source: Public Record Report a problem | ||
| 11/8/1994 | Sold | $145,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,107 +3.1% | $725,500 +0.4% |
| 2023 | $8,833 +2% | $722,300 -2.6% |
| 2022 | $8,657 +3.9% | $741,800 +15.2% |
| 2021 | $8,333 +54% | $643,700 +49% |
| 2019 | $5,410 -1.8% | $431,900 +9.3% |
| 2018 | $5,511 +7.7% | $395,300 +29.8% |
| 2017 | $5,118 +15% | $304,600 +24.3% |
| 2016 | $4,449 | $245,100 +11.5% |
| 2014 | $4,449 +9.3% | $219,900 +5.3% |
| 2013 | $4,072 | $208,900 +7.6% |
| 2012 | -- | $194,100 -12.4% |
| 2011 | -- | $221,500 -8.5% |
| 2010 | -- | $242,200 +59.6% |
| 2002 | $2,790 +9.2% | $151,800 -1.3% |
| 2001 | $2,555 | $153,800 +0.6% |
| 2000 | $2,555 | $152,900 |
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.Climate risks
Neighborhood: 98404
Nearby schools
GreatSchools rating
- 4/10Harvard Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Morris Ford Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Franklin-Pierce High SchoolGrades: 9-12Distance: 2.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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