Tacoma, WA 98418 3827 S K Street
$740,000
27 more
Presented By: 1 Percent Lists Tacoma and NWMLS
- MLS# 2426626
- 09/18/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,120
Home Details
Prime investment in this Tacoma triplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $39,043 annually, cap rate 5.28%; a true plug-and-play investment. Each 1040sf unit has its own level, in-unit laundry, separate utility meters, one garage space w/ alley access. Consistent updates include remodeled kitchens, heating, appliances, flooring, hot water tanks, and newer roofs (triplex & garage). Enjoy fully fenced backyard w/ 2 patios & raised garden beds. Located in Tacoma’s Lincoln District—minutes to I-5, plus walkable to schools, transit, grocery, coffee, restaurants, and parks. Tenants love living here and want to stay—rare chance for stable, cash-flowing property in high-demand rental market.
Presented By: 1 Percent Lists Tacoma and NWMLS
Interior Features for 3827 S K Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Vinyl
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories3
General for 3827 S K Street
AmenitiesSee Remarks, Storage
Building Area UnitsSquare Feet
Building NameTac Land Co 6th
Cap Rate5.28
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsFrom I-5, head East on S 38th Street. Right @ S K Street. Property is on the left. Alley access in back.
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Wall Unit(s)
High SchoolBuyer To Verify
High School DistrictTacoma
Insurance Expense1794
Leasable Area3120
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet4810
Lot Size UnitsSquare Feet
MLS Area51 – South Tacoma
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-09-22T19:13:11.506Z
NWM_ShowMapLinkY
Net Operating Income39043
New ConstructionNo
Number Of Units Total3
Open Parking Spaces2
PossessionClosing
Possible UseMulti-Family
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPrime 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
RoofFlat
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameLincoln
Tax Annual Amount6923
Tax Year2025
Units Below Gradefalse
Units In Building Total3
Virtual TourClick here
Water CompanyTPU
Water Sewer Garbage5760
Year Built1910
Zoning DescriptionMulti-Family
Exterior for 3827 S K Street
Building Area Total3120
Covered Spaces3
Exterior AmenitiesWood Products
Foundation DetailsBlock
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Number14 & N 1/2 of 15
Lot Size Acres0.1104
Parking Uncovered Spaces2
Site FeaturesDeck, Fenced-Fully, Patio
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
Josh QA1
REALTOR ® SRES ®