5416 S M Street

Tacoma, WA 98408

  • Bed

  • Bath

  • 12672 SqFt

  • 76 DOM

  • Built: 1963

  • Status: Active

$4,150,000

X

5416 S M Street

Tacoma 98408

$4150000

  • Bed

  • Bath

  • 12672 SqFt

  • 76 DOM

  • Built: 1963

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

White Rock Apartments is a fully renovated 30-unit community in Tacoma, WA, offering modern studio units with high-quality finishes and strong tenant appeal. Renovations completed between 2022 and 2025 include upgraded interiors and exteriors, while community amenities feature laundry facilities, parking, and potential storage income. With an in-place 5.85% cap rate, attractive financing options, and upside through rent adjustments and operational improvements, the property provides investors a rare opportunity to achieve projected stabilized returns of 7.87% in a high-demand, affordable Puget Sound market. Located in Tacoma’s South End, an up-and-coming neighborhood where affordability meets everyday convenience.

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Residence Information

  • 12672

  • Flat

  • 56 - 10+ Units

  • 1963

  • Coin Op Laundry, Stor

Features and Utilities

  • Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 38845

  • Cash Out, Conventional

  • 09-05-2025

Comparable Information

  • 76

  • 76

  • Cash Out, Conventional

  • $4,150,000

  • $4,150,000

  • Nov 20, 2025 23:16

Schools

Map

Listing courtesy of John L. Scott, Inc.

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: Dec 08, 2025 00:43 | Listing last modified Nov 20, 2025 23:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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