Listing provided courtesy of TerrafinNWMLSas Distributed by MLSGrid- MLS# NWM2518189MLS Provider

4560 S Puget Sound AveTacoma, WA 98409

Multi-Family · 12 Beds · 4,936 Sq. ft. | 0.12 Acres
$1,429,000 Active

4560 S Puget Sound Ave Overview

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$30,000 offered for buyer closing costs and rate buy down. Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

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4560 S Puget Sound Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,936
  • Price/Sq.ft. $290
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 106800
  • Insurance Expense: 4250
  • Net Operating Income: 91816
  • Total Expenses: 14984
  • Total Monthly Income: 8900
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 2006

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 47 - South Tacoma
  • Subdivision Name: South Tacoma

Tax Information

  • Tax Annual Amount: $10,734.00
  • Tax Year: 2026

General Information

  • Listing Terms: Assumable, Conventional, FHA, VA Loan
  • Parcel Number: 2890002732
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 4936
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4936
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4936
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 8
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1244
  • Lot Size Square Feet: 5418
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, High Speed Internet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Cement Planked
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1600
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2400
  • Beds Total: 3
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 2450
  • Beds Total: 3
  • Baths Total: 2

Unit 4 Details

  • Actual Rent: 2450
  • Beds Total: 3
  • Baths Total: 2

4560 S Puget Sound Ave Neighborhood

Community

98409 (Tacoma) Demographics

30
Median Age
3,925
Population Density (per sq. mile)
29%
College Educated
$57,922
Estimated Median Income
4,449
Estimated Total Home Owners
6,667
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4560 S Puget Sound Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4560 S Puget Sound Ave Market Data

Based on the last 30 days in this zip code

$515,623
Average List Price
$320
Average Price per Square Foot
18
Properties Sold
74
Average Days on Market
62
Properties for Sale
Calculations provided by Reliance Network

4560 S Puget Sound Ave History

Date Event Value Agent
6/25/2026Source: NWMLS Price Reduction
$1,429,000 -1.4%
5/29/2026Source: NWMLS Price Reduction
$1,449,000 -3.3%
5/5/2026Source: NWMLS Added to Database
May 05, 2026
4/18/2025Source: NWMLS Status Change
Sold
3/16/2025Source: NWMLS Status Change
Pending Inspection
3/8/2025Source: NWMLS Added to Database
March 08, 2025