Tacoma, WA 98409 3902 Mason Loop Road
$855,000
2 more
Presented By: CENTURY 21 Real Estate Center and NWMLS
- MLS# 2393924
- 06/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,248
Home Details
HUGE PRICE DROP BELOW MARKET VALUE!!! Investors Dream! Opportunity knocks! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot. Each unit offers 2 bedrooms, 1 bath, deck or patio and 850 sf of living area. Updated kitchen with granite countertops & vinyl flooring, baths updated. Washer/Dryer hookup in each unit. Newer wall to wall carpet and a woodburning fireplace and carport parking space for each unit. All units currently leased, long-time tenants. Easy access to WA-16/I-5. Solid investment opportunity! Don’t miss out!
Presented By: CENTURY 21 Real Estate Center and NWMLS
Interior Features for 3902 Mason Loop Road
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Wood
Total Fireplaces
Total Stories2
General for 3902 Mason Loop Road
AmenitiesThermal Windows
Assoc Fee Paid PerMonthly
Building Area UnitsSquare Feet
Building NameMason Circle
Cap Rate7
Carport Spaces4
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsFrom I-5, take Exit 132B, Right ramp to Union Ave, Left onto S. Union Ave, Right onto S. 35th St, Left onto Tyler St, Right onto 38th St to S. Mason Ave to Mason Loop.
Electric Expense402
Elementary SchoolWhittier
Energy EfficientThermal Windows
Fuel Expense
HOAYes
HOA Fee$350
HeatingBaseboard
High SchoolFoss
High School DistrictTacoma
Insurance Expense2551
Leasable Area3248
Listing TermsCash Out, Conventional, VA Loan
Lot Size Square Feet9300
Lot Size UnitsSquare Feet
MLS Area45 – South Tacoma
Middle/Junior High SchoolHunt
ModificationTimestamp2025-09-12T19:28:11.390Z
NWM_ShowMapLinkY
Net Operating Income64185
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0
PossessionClosing
Property ConditionAverage
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHUGE PRICE DROP BELOW MARKET VALUE!!! Investors Dream! Opportunity knocks! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot.
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive Under Contract
StatusContingent
Structure TypeQuadruplex
Subdivision NameSouth Tacoma
Tax Annual Amount8129
Tax Year2024
Units Below Gradefalse
Units In Building Total4
Water CompanyTacoma Public Utilities
Water Sewer Garbage3550
Year Built1979
Exterior for 3902 Mason Loop Road
Building Area Total3248
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Dead End Street, Paved, Secluded
Lot Number19
Lot Size Acres0.2135
Parking Uncovered Spaces0
Site FeaturesCable TV, Deck, Fenced-Fully, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Foss High School
Elementary School
Whittier Elementary School
Middle School
Hunt Middle School
Josh QA1
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