Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
Active
Listed by: Windermere Prof Partners • Greg Devey
$899,950
3909 Mason Loop Road, Tacoma, WA 98409
8beds
4baths
3,672sqft
Quadruplex, Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$245/sqft
$330/mo HOA
What's special
Cozy fireplacesDual walk-in closetsDual-pane windows
- --
- on Zillow
- 155
- views
- 20
- saves
Zillow last checked:
Listing updated:
Listed by:
Greg Devey,
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2578180
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric, Wood
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,672
- Total interior livable area: 3,672 sqft
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.27 Acres
- Features: Paved, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Details
- Parcel number: 5554000050
- Zoning description: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1979
- Major remodel year: 1994
Utilities & green energy
- Sewer: Available, Sewer Connected
Community & HOA
Community
- Subdivision: South Tacoma
HOA
- HOA fee: $330 monthly
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $245/sqft
- Tax assessed value: $827,600
- Annual tax amount: $9,013
- Date on market: 9/8/2026
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $899,950+140%$245/sqft |
Source:  NWMLS as distributed by MLS GRID #2578180 Report a problem | ||
| 6/30/2016 | Sold | $375,000-4.9%$102/sqft |
Source: NWMLS as distributed by MLS GRID #944821 Report a problem | ||
| 12/22/2005 | Sold | $394,200+43.3%$107/sqft |
Source: Public Record Report a problem | ||
| 9/22/2004 | Sold | $275,000+49.6%$75/sqft |
Source: NWMLS as distributed by MLS GRID #24097087 Report a problem | ||
| 5/28/1999 | Sold | $183,816$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,013 +0.5% | $827,600 +0.4% |
| 2024 | $8,970 +4.3% | $824,700 +6.6% |
| 2023 | $8,603 +12.6% | $773,500 +5.1% |
| 2022 | $7,638 +0% | $736,100 +10.4% |
| 2021 | $7,637 +47.5% | $666,500 +46.5% |
| 2019 | $5,179 -7.5% | $455,100 +14.1% |
| 2018 | $5,601 +10.5% | $398,700 +12.4% |
| 2017 | $5,068 +23.2% | $354,800 +28.1% |
| 2016 | $4,115 | $277,000 +17% |
| 2014 | $4,115 +3.2% | $236,800 +18.5% |
| 2013 | $3,987 | $199,900 -12.1% |
| 2012 | -- | $227,300 -9% |
| 2011 | -- | $249,900 -15.2% |
| 2010 | -- | $294,700 +73.8% |
| 2001 | $2,704 | $169,600 +10.1% |
| 2000 | $2,704 | $154,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Tacoma
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