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$650,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Car Garage
  • Updated 4 days ago

Listed by Rachel Veary | 1 Percent Lists Tacoma | (253) 459-0235 and Chad Nolan | 1 Percent Lists Tacoma | (253) 459-0235

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Prime investment in Tacoma's Lincoln District - now including a one-year home warranty for buyer peace of mind! This well-maintained triplex features three 1,040 SF units, each on its own level with in-unit laundry, separate utility meters, & a garage space w/ alley access. Updates include remodeled kitchens, heating systems, appliances, flooring, hot water tanks, & newer roofs on both the triplex and garage. Fully fenced backyard has two patios & raised garden beds. Tenants love living here and want to stay-an exceptional chance to secure a stable, cash-flowing asset in a high-demand rental area. Fully occupied with strong, market-rate tenants & zero vacancies. Net Operating Income $39,043 annually with a 6.01% cap rate-true plug-and-play.

Full Property Details for 3827 S K St

General

  • Price: $650,000
  • Taxes: $6,923 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2426626
  • Updated: 1/13/2026
  • Added to Site: 122 day(s) ago

Interior

  • Flooring: Ceramic Tile, Laminate, Vinyl

Additional Information

  • Amenities: Deck, Fenced-Fully, Patio
  • Security/Safety: Fully Fenced

Parking

  • Garage Spaces: 3
  • Covered Spaces: 3
  • Uncovered Spaces: 2

Location

  • Area: 51 - South Tacoma
  • County: Pierce
  • Subdivision: Lincoln
  • Building Name: Tac Land Co 6th
  • Driving Directions: From I-5, head East on S 38th Street. Right @ S K Street. Property is on the left. Alley access in back.

School Information

  • High School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood Products
  • Foundation: Block
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 3,120
  • Year Built: 1910

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.1104
  • Lot Size (Sq. Ft.): 4,810
  • Lot Size Source: Realist
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,923
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 8935018350
  • Block: 8823
  • Lot Number: 14 & N 1/2 of 15

Listed by Rachel Veary | 1 Percent Lists Tacoma | (253) 459-0235 and Chad Nolan | 1 Percent Lists Tacoma | (253) 459-0235

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3827 S K St

School District:Tacoma Public Schools
NameGradesDistance
Whitman Elementary School, Tacoma, WA
1120 South 39th Street, Tacoma, WA 98418
PK-50.1 mi
Angelo Giaudrone Middle School
4902 South Alaska Street, Tacoma, WA 98408
6-80.9 mi
Lincoln High School, Tacoma, WA
701 South 37th Street, Tacoma, WA 98418
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3827 S K St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$650,000
-12.16%
MLS
9/18/2025
Listed
$740,000
12.76%
MLS
1/03/2022
Sold
$656,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3827 S K St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,923
8%
$636,300
11%
2024
$6,400
-1%
$575,200
-8%
2023
$6,497
12%
$626,000
24%
2022
$5,782
9%
$504,400
20%
2021
$5,294
4%
$421,400
12%
2020
$5,080
5%
$374,700
14%
2018
$4,835
—
$329,500
8%
2018
$4,835
17%
$306,200
20%
2017
$4,115
10%
$255,500
16%
2016
$3,729
4%
$221,100
7%
2015
$3,584
8%
$206,200
7%
2014
$3,309
—
$192,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Rachel Veary | 1 Percent Lists Tacoma | (253) 459-0235 and Chad Nolan | 1 Percent Lists Tacoma | (253) 459-0235

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3827 S K Street, Tacoma, WA 98418 (MLS# 2426626) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 3827 S K Street is currently listed for $650,000 and was received on September 18, 2025. Want to learn more about 3827 S K Street? 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.

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