1. Washington
2. Tacoma
3. 1122 Lafayette St S #1-4

1122 Lafayette St S #1-4, Tacoma, WA 98444

Property Description

This listing courtesy of William Weflen, Berkshire Hathaway HS NW

Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 4.95% 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. Please do not disturb occupants.

Listing Status:

Active

Listing Office:

Berkshire Hathaway HS NW : 253-946-4000

Listing Agent:

William Weflen : 253-946-4000

MLS ID:

2438390

Interior

• Flooring: LaminateVinyl PlankCarpet
• A/C: Wall Unit(s)
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0

Exterior

• General: Stucco
• Parking: Parking spaces: 10

Construction

• Roofing: Metal
• General: 54 - 4-PlexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Franklin Pierce
• County: Pierce

Lot

• Zoning: 5845000191

Utilities

• Water: Public
• Sewer: Available

Financial

• Source: nwmls

This listing courtesy of William Weflen, Berkshire Hathaway HS NW