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4846 S 48th St
Tacoma, WA 98409 South Tacoma

$2,500,000 USD

Apartments For Sale • 10,240 SF

Property Details

Property Type Apartments
Total Building Size 10,240 SF
Lot Size 1.08 AC
Building Class C
Year Built 1991
Cap Rate 4.08 %
Zoning R3

30 Transit Score

50 Walk Score

                
                    Highlights
                
                                First time to market opportunity to acquire the Orchard St Duplexes, a rare collection of four duplex buildings totaling 8 residential units in Tacoma
                            
                                Four duplex buildings totaling 8 units, each featuring spacious 3-bedroom 2-bathroom layouts designed for comfortable residential living
                            
                                Desirable large floor plans averaging approximately 1,200 square feet per unit, offering significantly more living space than traditional apartment un
                            
                                Residential style duplex configuration creating a neighborhood living environment with strong tenant appeal and long-term occupancy stability
                            
                                Strong demand for three-bedroom rental housing in Tacoma, appealing to families and tenants seeking larger living spaces

Property Flyers

7174TJF07172026 - With Agent

Financial Summary (Actual)

Net Operating Income: $102,119 USD (2025)

Cap Rate:	4.08 %
Total Expenses:	$64,310 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.8 mi
	12 min	-	5.1 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	42 min	-	25.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	SurfaceTandem
Included in Rent:	Yes

Tanner Fogle 360-771-0010 Paragon Real Estate Advisors

4846 S 48th St Tacoma, WA 98409 South Tacoma