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Provided by NWMLS, Listed by Avenir Gedarevich, 360-803-2002 at VPMG Property Management
18,000 sqft

$5,500,000

5201 - 5215 S Orchard Street, Tacoma WA, 98467

Price per sqft$305.56
Built in1981
Property size18,000 sqft
Property typeMulti-family

Overview

Active

Listed Mar 31, 2026

Updated 3 days ago

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.

$36,592/mo

Est. mortgage payment based on a $5,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2495107

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
1.45 Acres

Other Property Details

Taxes
$49,534
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Avenir Gedarevich, 360-803-2002 at VPMG Property Management

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 9/21/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 9/21/2026 at 9:21 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Northwest Multiple Listing Service all rights reserved.

Data last updated on 9/21/2026 at 9:21 AM UTC 

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