1122 Lafayette St S #1-4

Tacoma, WA 98444

  • Bed

  • Bath

  • 2546 SqFt

  • 39 DOM

  • Built: 1957

  • Status: Active

$720,000

X

1122 Lafayette St S #1-4

Tacoma 98444

$720000

  • Bed

  • Bath

  • 2546 SqFt

  • 39 DOM

  • Built: 1957

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Excellent Tacoma investment opportunity! This well-kept 4-plex delivers a 5.08% 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.

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Residence Information

  • 2546

  • Metal

  • 54 - 4-Plex

  • 1957

  • Poured Concrete

  • Coin Op Laundry, Stor

Features and Utilities

  • Stucco

  • Public

  • Available

  • 0

Financial

  • 6603

  • Assumable, Cash Out, Conventional, FHA, VA Loan

  • 10-01-2025

Comparable Information

  • 39

  • 39

  • Assumable, Cash Out, Conventional, FHA, VA Loan

  • $750,000

  • $750,000

  • Nov 09, 2025 20:42

Schools

Elementary : James Sales Ele N/A Ratings
Middle : Perry G Keithle N/A Ratings
High : Wash High N/A Ratings

Map

Listing courtesy of Berkshire Hathaway HS NW.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Nov 17, 2025 15:09 | Listing last modified Nov 09, 2025 20:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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