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3909 Mason Loop Rd, Tacoma, WA 98409

$899,950
•
  • —

    bed

  • —

    bath

  • 3,672

    Sqft ($245/Sqft)

House for sale 37 days
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About 3909 Mason Loop Rd

Property type House
Neighborhood
Year built 1979
HOA fee $330/month
Lot size 0.27 Acre
Movoto estimate
Property description
Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
Listed by
Listing Agent - Greg Devey
Listing Office - Windermere Prof Partners
Source: NWMLS mls logo
MLS#2578180 • last updated 3 weeks ago
Movoto checked NWMLS for data 12 minutes ago
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Overview
Cooling/AC None
Heating Baseboard
Levels/Style Quadruplex
MLS # 2578180
SubType Multi Family
Type Residential Income
SqFt 3672
Status Active
Lot Size (SqFt) 11640
Lot Size (Acres) 0.2672
Property Tax 9013
Year Built 1979
HOA Fee Monthly, 330
Interior
Exterior
Foundation Slab
Roof Composition
# Parking Spaces 10
# Uncovered Spaces 10
Amenities / Utilities
Power Production: Type Electric, Wood
Security Features Partially Fenced
HOA Amenities Playground
Location
View Territorial
County Pierce
Subdivision South Tacoma
Area 45 - South Tacoma
High School District Tacoma
APN 5554000050
Zoning Multi-Family
Multifamily Details
Net Operating Income 55847
Capitalization Rate 6.21
Expense: Insurance 3960
Expense: Electricity 2954
Gross Scheduled Income 74280
Expense: Other 5460
Gross Adjusted Income 83232
Total Expenses 27385
Gross Rent Multiplier 12.12
Nwm_Totalmonthlyincome 6981
Vacancy Rate 10
Lot/ Land Details
Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
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5/10
Whittier Elementary School
public Grades PK, K-5
Tacoma School District
4/10
Wainwright Intermediate School
public Grades 4-8
Tacoma School District
2/10
Foss High School
public Grades 9-12
Tacoma School District
Source: GreatSchools.org © 2026. All rights reserved.

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Walk
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Family
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Dining
93/100
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  • Real Estate
  • WA
  • Pierce County
  • Tacoma
  • 98409
  • South Tacoma
  • 3909 Mason Loop Rd

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