$5,500,000
 $29,525 est/mo Sourced by Back At You

5201 - 5215 S Orchard Street,Tacoma, WA 98467

Tacoma, WA 98467

Share:

Description

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.

Details

MLS #2495107
Listing TypeFor Sale
Building NameGrand Terrace
Sub-TypeResale
StatusActive
Year1981
Days On Site161
Listing Provided ByVPMG Property Management | Avenir Gedarevich

Features

SQ Feet18,000
Garage20
Car PortYes
Story(s)2
Units20
ZoningMulti-Family
Acreage1.45
Property ViewYes

Taxes

Property49534

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98467
Area45 South Tacoma
Community NameManitou
School DistrictMt Tahoma
Elementary SchoolManitou Park
High SchoolMt Tahoma
Listing VS Median (in Manitou)
Price:
$5,500,000
low | high
Med:
$417,000
100% of Average
sqft:
18,000
low | high
Med:
1,260
100% of Average
$ / sqft:
$306
low | high
Med:
$334
40.617523923445% of Average
On site:
161
low | high
Med:
71
100% of Average
Sourced by Back At You

Market Activity 98467

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Best Homes at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.

 The three trees icon appears on listings courtesy of NWMLS.

The Northwest Multiple Listing Service (NWMLS) provides Internet Data Exchange (IDX) information exclusively for personal, non-commercial use. This data is intended solely to help consumers identify prospective properties they may be interested in purchasing. While the information is deemed reliable, it is not guaranteed. Users are advised to independently verify the accuracy of all information.

Based on information submitted to the MLS GRID as of September 8, 2026 at 3:40:37 PM PDT. 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.

 Listings courtesy of NWMLS as distributed by MLS GRID. DMCA Notice - The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: suppport@realistiq.com “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Contact

Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98467
Area45 South Tacoma
Community NameManitou
School DistrictMt Tahoma
Elementary SchoolManitou Park
High SchoolMt Tahoma
Listing VS Median (in Manitou)
Price:
$5,500,000
low | high
Med:
$417,000
100% of Average
sqft:
18,000
low | high
Med:
1,260
100% of Average
$ / sqft:
$306
low | high
Med:
$334
40.617523923445% of Average
On site:
161
low | high
Med:
71
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 11:17:26 AM PDT