For Sale
Multi family home for sale at 5209 S Orchard St, Tacoma, WA 98467 | MLS# NWM2589131 | Listing updated on 2026-10-07
Photo 1 of Multi family home for sale at 5209 S Orchard St, Tacoma, WA 98467 | MLS# NWM2589131 | Listing updated on 2026-10-07
Photo 2 of Multi family home for sale at 5209 S Orchard St, Tacoma, WA 98467 | MLS# NWM2589131 | Listing updated on 2026-10-07
Photo 3 of Multi family home for sale at 5209 S Orchard St, Tacoma, WA 98467 | MLS# NWM2589131 | Listing updated on 2026-10-07
Photo 4 of Multi family home for sale at 5209 S Orchard St, Tacoma, WA 98467 | MLS# NWM2589131 | Listing updated on 2026-10-07
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Listed by: Brian Richardson (206) 276-6811 , Dan Swanson (425) 444-6501 | Kidder Mathews (360) 705-2800

$895,000

Monthly Est:$4,455

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,664sqft

5209 S Orchard St, Tacoma, WA 98467

$4,455/moEst:

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  • Multi Family

  • Built in 1981

  • $350/mo HOA

  • 11,220 sqft lot

  • $244/sq.ft

Description

FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.5% cap and market cap rate of 7.8%.

  • Houzeo last checked: 11 minutes ago
  • Listing updated: October 7, 2026 at 9:43 pm
  • Source: Northwest Multiple Listing Service | MLS#: NWM2589131 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Pierce County

  • City

    Tacoma

  • Neighborhood

    South Tacoma

  • Year Built

    1981

  • HOA Fees

    $350/mo

  • Finished Area

    3,664 sqft

  • Lot Size

    11,220 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2589131

  • MLS Status

    Active

  • Days on Market

    20

  • Cumulative Days on Market

    14

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Location

HOA Management

N/A

HOA Fees

$350/ Monthly

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Sewer

    Sewer Connected

  • Exterior Features

    Cement Planked, Wood Products

  • Heating

    Baseboard

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1981

  • Home type

    Multi Family

  • Construction Materials

    Cement Plank, Wood

  • Foundation Details

    Concrete Ribbon

  • Roof

    Composition

Other Features

  • Lot Features

    Cul De Sac, Dead End Street, Paved, Sidewalk

  • Subdivision Name

    University Place

Price History

DateEventPrice

10/05/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2589131

Listed for Sale

$895,000

$244/sqft

09/30/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2589131

Coming Soon

$895,000

$244/sqft

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 02:32PM. 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.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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