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No HOA
Street View
Listed by: Avenir Gedarevich (360) 803-2002 | VPMG Property Management (360) 803-2002
$5,500,000
Monthly Est:$27,375
40 Beds
20 Baths
18,000sqft
5201 S - 5215 Orchard St, Tacoma, WA 98467
$5,500,000
$27,375/moEst:
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Multi Family
Built in 1981
$-- HOA
1.45 acres lot
$306/sq.ft
Description
Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.
- Houzeo last checked: 8 hours ago
- Listing updated: September 17, 2026 at 6:35 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2495107
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1981
HOA Fees
-
Finished Area
18,000 sqft
Lot Size
1.45 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2495107
MLS Status
Active
Days on Market
184
Cumulative Days on Market
184
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 40
Bathrooms: 20
Interior
Heating
Baseboard
Cooling
None
Sewer
Sewer Connected
Exterior Features
Wood Products
Flooring
Vinyl, Carpet
Construction
Year Built
Year Built: 1981
Home type
Multi Family
Construction Materials
Wood
Property Condition
Good
Roof
Composition
Foundation Details
Poured Concrete
Utilities & Energy
Security Features
Partially Fenced
Other Features
Lot Features
Dead End Street, Open Space, Paved, Sidewalk
Subdivision Name
Manitou
Price History
| Date | Event | Price |
|---|---|---|
03/31/2026 Source: | Listed for Sale | $5,500,000 $306/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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