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About this home
Turnkey 4-plex set far back from the street with a vacant 2 bed, 1 bath unit - the perfect setup for househackers or buy-and-hold investors! Backing to a protected green space with a private backyard, this durable, easy-to-manage property features four identical 2-bed/1-bath layouts. Each unit offers in-unit W/D & private outdoor living, featuring lower patios & elevated upper wood decks. Recent 2025 updates ensure low maintenance, including new gutters, fresh exterior paint, & new flooring. Features like the community park directly across the street & 8 dedicated parking spaces (2 per unit) make this well maintained fourplex a rare find! Rents are a bit below market, leaving strong potential for future upside. A compelling, practical opportunity with parking, outdoor space, & immediate value for the next owner. Move right in and HouseHack your way to financial independence, or re-lease for top-of-market rent! Live well & invest wisely.
Madrona / Oakland, located between Downtown Tacoma and the Lincoln District, is a residential and historic Tacoma neighborhood with hillside streets and a patchwork of pocket parks. The neighborhood’s character concentrates around the Tacoma Dome Station area, where rail platforms, bus bays, and event-day foot traffic set an urban tempo. Early-20th-century houses and small apartment buildings line the slopes, with views opening toward Commencement Bay. The Dome and nearby venues bring concerts, sports, and conventions into the daily backdrop. Side streets feel quieter, while the main corridors carry steady movement toward downtown and the waterfront. Local staples like the Tacoma Dome, LeMay – America’s Car Museum, and Freighthouse Square act as familiar gathering points.
Provided by Walk Score and Local Logic
Offer insights
3919 Mason Loop Rd · $835,000
$856K and above
75% chance or better to win
Why $856K+ is a strong offer
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
LIST PRICE
$835,000
Median list price in this area is $618,503. (26% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Four fireplaces, one in each unit
Bedrooms
Eight bedrooms total, with two in each unit
Bathrooms
Four bathrooms total, with one in each unit
Kitchen
Each unit includes a range/oven, refrigerator, and dishwasher
Laundry & utility
Each unit includes a washer and dryer
Flooring
Laminate, vinyl plank, and carpet
Heating & cooling
Baseboard heating
No cooling
Exterior features
Paved lot
Home design
Two-story quadruplex
Parking
Four covered parking spaces
Four carport spaces
Four uncovered parking spaces
Construction
Wood construction
Composition roof
Slab foundation
Utilities
Public water
Sewer-connected
Electric power
Cable TV available
HOA & community
Monthly association fee of $330
Financial info
Four units total
Gross scheduled income of $70,200
Gross adjusted income of $68,094
Total monthly income of $5,850
Net operating income of $53,952
Total expenses of $14,141.59
Insurance expense of $2,317.59
Gross rent multiplier of 11.89
Unit A rents for $1,350
Unit B rents for $1,450
Unit C is vacant and rents for $1,600
Unit D rents for $1,450
Electricity and solar
View estimated energy costs and solar savings for this home
This district is intended primarily for residential development including a range of dwellings and housing types, including multiplexes, at a transitional scale between that of lower-scale residential neighborhoods and the scale of Centers and Corridors, reflecting residential patterns such as pedestrian orientation and space between buildings. Buildings may occupy a little more of each residential lot than in the UR-2 District. Other compatible uses include residential businesses, neighborhood-serving commercial uses, and community facilities including parks, schools and religious facilities. The district is characterized by moderate activity levels and vehicular traffic, trees and other green features, and complete streets supporting transportation choices. The UR-3 District is generally located adjacent to higher intensity zoning districts and/or major Corridors.
Zone overlays
Planned Residential Development District
South Tacoma Groundwater Protection District
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Senior
Housing-Other
Mixed use
Golf related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Tacoma, WA • 98409
Average low and high temperatures (°F)
47
36
48
37
54
40
62
43
67
48
73
53
78
56
78
58
73
54
61
46
52
42
49
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3919 Mason Loop Rd
$837,597
$2,597 over list price of $835K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $1.0M.