3827 S K Street, Tacoma, WA 98418 (MLS # 2426626)
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Prime investment in this Tacoma triplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $39,043 annually, cap rate 5.28%; a true plug-and-play investment. Each 1040sf unit has its own level, in-unit laundry, separate utility meters, one garage space w/ alley access. Consistent updates include remodeled kitchens, heating, appliances, flooring, hot water tanks, and newer roofs (triplex & garage). Enjoy fully fenced backyard w/ 2 patios & raised garden beds. Located in Tacoma's Lincoln District"”minutes to I-5, plus walkable to schools, transit, grocery, coffee, restaurants, and parks. Tenants love living here and want to stay"”rare chance for stable, cash-flowing property in high-demand rental market.
| LAST UPDATED | 9/18/2025 | TRACT | Lincoln |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Lincoln |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 51 - South Tacoma |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric, Natural Gas |
| LOT | 4809 sq ft |
| LOT DESCRIPTION | Alley, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 53 - Tri-plex |
| SUBDIVISION | Lincoln |
| TAXES | 6923 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/11/25 11:18 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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