1461 Rainier Court, Fircrest, WA 98466

$1,400,000
4,112
SqFt

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Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,400,000
Status
ACTIVE
MLS#
2521302
Days on Market
74
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,112
Area Total SqFt
4112
Annual Tax Ammount
9411
Lot Size (sq ft)
29,120
Sewer
Sewer Connected

Property Description

The Fircrest investment opportunity you’ve been waiting for! This well-maintained fourplex features four spacious units, each offering 2 bedrooms and 1.5 baths. Inside, tenants enjoy a highly desirable layout complete with a cozy fireplace, an eat-in kitchen with granite countertops, a formal dining room, a walk-in closet, and an in-unit washer/dryer. Capitalize on a turnkey property featuring covered carport parking and dedicated storage spaces.

Additional Information

List Date
2026-05-13 22:13:12
Community
Fircrest
Net Operating Income
$82,479
Gross Adjusted Income
$113,678
Gross Scheduled Income
$114,756
Total Monthly Income
$9,563
Insurance Expenses
$3,657
Water/Sewer/Garbage Expenses
$7,137
Gross Rent Multiplier
12.2
Total Expenses
$31,129
Cap Rate
5.8
Vacancy Rate
1
Total Number of Units
4
Unit Name
1461
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1967
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Patio
Other Expenses
10924
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,563
Gross Scheduled Income
$114,756
Vacancy Rate
1
Gross Adjusted Income
$113,678
Tax Year
2026
Insurance Expense
$3,657
W/S/G Expenses
$7,137
Total Expenses
$31,129
Net Operating Income
$82,479
Gross Rent Multiplier
12.2
Cap Rate
5.8
Based on information submitted to the MLS GRID as of . 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.
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