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Listing provided courtesy of VPMG Property ManagementNWMLSMLS# NWM2495107MLS Provider
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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.

Source: NWMLS, MLS#: NWM2495107

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  • Property Type
    Residential Income
  • Lot
    1.45 acres

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Mary Blake

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  • Median Age
    40
  • Population Density
    1,886
  • College Educated
    53%
  • Estimated Median Income
    $76,904
  • Estimated Total Home Owners
    3,658
  • Estimated Total Renters
    2,455
  • Owner / Renter Divide
    60% / 40%
  • Estimated Average Household Size
    3
  • Total Population
    15,381
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5201 - 5215 S Orchard Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/31/2026Source: NWMLS Added to Database
March 31, 2026