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$1,199,950
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Property Description
Own the "Golden Goose" of investment properties: a brand-new, turnkey 4-plex engineered for maximum cash flow and zero headaches. Built as two sleek duplexes, this high-performance asset delivers an immediate $7,800/month income stream bolstered by a massive 12-year tax abatement. Forget deferred maintenance; these units feature "quality" luxury finishes like commercial-grade vinyl plank, quartz countertops, and stainless appliances, all paired with high-efficiency ductless HVAC and extra insulation for low carry costs. The floor plans are a landlord's dream, featuring 2-bed units with private en-suite baths and city views, plus high-demand 1-bed units designed for rapid, low-cost turnovers. This is a rare, low-maintenance powerhouse in a prime location-secure your equity and start collecting on day one.
Full Property Details
Full Property Details for 1131 Fawcett Ave #A-D
General
- Sold For: $1,199,950
- Taxes: $1,642 (2026)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2490175
- Added to Site: 66 day(s) ago
Interior
- Flooring: Vinyl Plank
Additional Information
- Amenities: Cable TV, Fenced-Partially, High Speed Internet
- Security/Safety: Partially Fenced
Parking
- Uncovered Spaces: 2
Location
- Area: 29 - Central Tacoma
- County: Pierce
- Subdivision: Tacoma
- Driving Directions: Use GPS. Best parking off the alley. Downtown Core Tacoma. Behind the downtown YMCA. 3 blocks to the convention center. Close to UW Tacoma.
School Information
- High School District: Tacoma
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless, Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Construction Status: Presale
- Exterior Const.: Cement Planked
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 3
- Square Feet: 3,350
- Year Built: 2026
- Property Condition: Very Good
Unit Information
- Units in Building: 4
Lot Features
- Property View: Bay, City, Mountains
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
- Lot Size Source: Pierce County
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Zoning: Commercial, Multi-Family
Green Features
- Energy Efficient: Thermal Windows
Financial Considerations
- Tax Amount: $1,642
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 2011090082
Listed by Ryan D Meacham | Windermere Prof Partners | (253) 565-1189
Sold by Martha Zahuita | RSVP Brokers ERA
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Schools
Schools serving 1131 Fawcett Ave #A-D
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Edna Travis Elementary 2111 South J Street, Tacoma, WA 98405 | PK-5 | 0.7 mi |
Hilltop Heritage Middle School 602 North Sprague Avenue, Tacoma, WA 98403 | 6-8 | 1.2 mi |
Stadium High School 111 North E Street, Tacoma, WA 98403 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1131 Fawcett Ave #A-D
Date
Details
Price
Change
Source
5/20/2026
Sold
$1,199,950
—
MLS
3/19/2026
Listed
$1,199,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1131 Fawcett Avenue #A-D, Tacoma, WA 98402 (MLS# 2490175) is a Multi-Family property that was sold at $1,199,950 on May 20, 2026. Want to learn more about 1131 Fawcett Avenue #A-D? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

