5201 – 5215 S Orchard Street, Tacoma, WA 98467 (MLS # 2495107)
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Listing provided courtesy of Northwest MLS; VPMG Property Management
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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.
| LAST UPDATED | 3/31/2026 | TRACT | Manitou |
|---|---|---|---|
| YEAR BUILT | 1981 | COMMUNITY | Manitou |
| GARAGE SPACES | 20.0 | COUNTY | Pierce |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Manitou Park |
|---|---|
| Jr. High School | Gray |
| High School | Mt Tahoma |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 45 - South Tacoma |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 1.45 acre(s) |
| LOT DESCRIPTION | Dead End Street, Open Space, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Manitou |
| TAXES | 49534 |
| UTILITIES | Cable Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/31/26 11:22 PM 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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