About 5201 - 5215 S Orchard Street
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.
Features of 5201 - 5215 S Orchard Street
| MLS® # | 2495107 |
|---|---|
| Price | $5,500,000 |
| Square Footage | 18,000 |
| Acres | 1.45 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 5201 - 5215 S Orchard Street |
|---|---|
| Area | 45 - South Tacoma |
| Subdivision | Manitou |
| City | Tacoma |
| County | Pierce |
| State | WA |
| Zip Code | 98467 |
Amenities
| Parking Spaces | 40 |
|---|---|
| # of Garages | 20 |
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood Products |
|---|---|
| Lot Description | Dead End Street, Open Space, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Tacoma |
|---|---|
| Elementary | Manitou Park |
| Middle | Gray |
| High | Mt Tahoma |
Additional Information
| Date Listed | March 31st, 2026 |
|---|---|
| Days on Market | 149 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | VPMG Property Management |
|---|