Searching for a Pierce County property to add to your investment portfolio? This dynamic fourplex in South Tacoma presents an excellent opportunity all around. Updated and offering desirable amenities, this 3,248-square-foot building includes a total of 4 units that are each 812 square feet. Located at 3910 Mason Loop Tacoma, WA 98409, this South Tacoma investment property is listed for $739,950.
Each of the 4 units have long-term MTM tenants, and currently the rent is well below market. Rents in other buildings in the Mason Loop neighborhood are renting for up to $1,300, making this a 6.64% cap rate. Smart updates include a new roof on the carport and newer paint on the building’s exterior. Plus, the park next door is getting upgraded!
There are 2 main floor units and 2 second floor units, and each one has its perks. The main floor units include sizable yards and cute patios, and the upper units have covered decks perfect for relaxing out in the fresh air.
Each unit includes 2 bedrooms, 1 bath, a full-sized washer and dryer, a spacious kitchen, and an inviting living area. In the unit that’s featured here, you’ll find a beautifully maintained residence filled with rejuvenating natural light and carefully maintained spaces. In the living area, a classic stone-accented fireplace anchors the haven, and the layout effortlessly flows into a sunny dining area and well-appointed kitchen. The kitchen boasts a smart design that offers plenty of room—generous cabinetry provides tons of space for storing kitchen essentials, and large counters ensure that meal prep is a breeze! Additionally, both bedrooms feature great natural light and built-in closet space.
Living in South Tacoma
At 910 Mason Loop Tacoma, WA 98409, you’re in a wonderfully convenient and central neighborhood, and this is definitely a major selling point for those who choose to rent here. Commuters are sure to appreciate being just 4 minutes to Highway 16, 6 minutes to Interstate-5, and only 4 minutes to the South Tacoma Sounder Train Station. Here you can park and hop on the train all the way to Seattle, passing rush hour traffic as you go.
Another standout highlight of living here is how close you are to shopping, restaurants, local services, and pretty much anything you might need! The Tacoma Mall is only 6 minutes away, and here you’ll find some of the best shopping in the region. Places like Nordstrom, Macy’s, the Apple Store, and dozens of other shops are all right there, all in addition to the great dining options including places like The Cheesecake Factory, BJ’s Restaurant & Brewhouse, Panera Bread, Chipotle Mexican Grill, etc. In the area that surrounds the mall, you’ll find even more amenities, including places like Costco, Target, REI, Petco, JOANN, and much more.
But it’s not all just city convenience—when you’d like to spend time in nature and explore the outdoors, you don’t have to go far. Just 5 minutes from home you’ll find the Tacoma Nature Center, a 70-acre nature preserve featuring activities for kids, Snake Lake, and the forest and wetlands that surround these attractions. Another great park just 5 minutes from home is Wapato Hills Park, which features a playground, sport courts, fields, tons of trails, and beautiful natural areas.