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Listed by: Keller Williams Rty Tacoma • Matthew Harber

Price cut: $25K (7/2)

$725,000

9210 9212 204th Street E, Graham, WA 98338

6beds

4baths

3,168sqft

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Triplex

Built in 1977

-- sqft lot

$725,200 Zestimate^®

$229/sqft

$-- HOA

What's special

Functional single-level living

Exceptional investment opportunity featuring a performing duplex plus a detached single-level home. Ideal for house hacking, multi-generational living, or a strong addition to an investment portfolio. Each unit offers 2 bedrooms and 1 bathroom with functional, single-level living. and each has its own private garage. The home is 1240 SF & each side of the duplex is 948 SF. This large lot, nearly an acres in size, presents potential for future development or expansion (buyer to verify), adding additional upside to an already compelling asset. Well water and septic systems help keep operating expenses low, enhancing overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property provides both immediate income and long-term appreciation potential in a desirable location for stable tenancy.

112 days

321

17

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Baseboard, Forced Air, Electric, Wood

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 3,168
Total interior livable area: 3,168 sqft

Property

Parking

Total spaces: 9
Parking features: RV Parking
Garage spaces: 3
Uncovered spaces: 6

Lot

Size: 0.83 Acres
Features: Corner Lot, Paved, Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking

Details

Parcel number: 0418047001
Zoning description: Multi-Family,Residential
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex

Materials

Wood Products
Roof: Composition

Condition

Average
Year built: 1977
Major remodel year: 1993

Utilities & green energy

Electric: Company: Tacoma City Lights
Sewer: Septic Tank, Company: Septic
Water: Public, Shared Well, Company: Duplex-Well, Company: House-Rainier View Water

Community & HOA

Community

Subdivision: Graham

Location

Region: Graham

Financial & listing details

Price per square foot: $229/sqft
Annual tax amount: $7,343
Date on market: 4/5/2026
Cumulative days on market: 104 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$725,200

$689,000 - $761,000

$2,289/mo

Price history

Date	Event	Price
7/2/2026	Price change	$725,000-3.3%$229/sqft
Source: NWMLS as distributed by MLS GRID #2498485 Report a problem
5/26/2026	Price change	$750,000-3.2%$237/sqft
Source: NWMLS as distributed by MLS GRID #2498485 Report a problem
4/16/2026	Listed for sale	$775,000$245/sqft
Source: NWMLS as distributed by MLS GRID #2498485 Report a problem
4/6/2026	Pending sale	$775,000$245/sqft
Source: NWMLS as distributed by MLS GRID #2498485 Report a problem
3/28/2026	Listed for sale	$775,000+134.8%$245/sqft
Source: NWMLS as distributed by MLS GRID #2498485 Report a problem
12/7/2018	Sold	$330,000$104/sqft
Source: NWMLS as distributed by MLS GRID #1393022 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 98338

Getting around

12 / 100

Car-Dependent

29 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Graham Elementary School
Grades: K-5Distance: 0.5 mi
5/10
Frontier Middle School
Grades: 6-8Distance: 1.3 mi
7/10
Graham Kapowsin High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Rocky Ridge Elem
Middle: Frontier Jnr High
High: Graham-Kapowsin High

Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.