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For Sale93 Days
$2,500,000

4120 109th Street
Tacoma, WA 98499

Income For Sale
0.50 Acre Lot
Urban Commercial Partners, LLC

Provided by Northwest Multiple Listing Service, 2025.

Description for 4120 109th Street, Tacoma, WA 98499

The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.

Property Details

Listing Details
For Sale
Income
Multi-Family
None
For Sale
NWM2302122
$2,500,000
11/14/2024
1979
Single Family
14
NWM111082
Location Information
US
WA
Pierce
Tacoma
98499
109th
4120
Street
Lakewood
W123° 30' 26.1''
N47° 9' 29.9''
4120 109th Street SW, Tacoma, WA 98499
36 - Lakewood
SW
Yes
Garage/Parking
No
No
Exterior Features
No
No
Wood Products,Wood
Composition
WaterFront and WaterAccess
No
Land Info
0.50 Acre
Nw
6075000120
Monthly
Utilities
Forced Air,Baseboard
None
Sewer Connected
HOA Info
Monthly
1
No
Rental Info
7280
Monthly
Tax Info
$17,014
2024
Listing Information
Urban Commercial Partners, LLC
Pat Suarez
128
NWM4778
Nwmls
$2,500,000
11/13/2024 18:46:13
2
Multi Family
Lakewood

Price History

Source: MLS
DateEventPriceSource
2024-11-14For Sale$2,500,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Urban Commercial Partners, LLC
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2025 NWMLS. All rights are reserved. NWMLS DMCA NOTICE
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