Listed by DeAnne Davidson • RE/MAX Northwest. Bought with John L. Scott, Inc.
Off Market Oct 2013 for $262K
—
Est. refi paymentEst. refi$1,498/mo
—
bd
•
— ba
•
4,190
sq ft
3921 Mason Loop, Tacoma, WA 98409
About this home
Great Investment opportunity to walk in on turnkey fully rented 4-plex. 10% Cap Rate - long term tenants. This owner keeps his properties maintained well. Positive cash flow for a great investment. Potential for setting up coin-op. Do not disturb tenants.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
9,000 Sq. Ft.
Year renovated
1995
Sq. Ft.
3,460
Year built
1981
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
5554000080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
UR3
STGPD
PRD
Urban Residential District
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
South Tacoma Groundwater Protection District
Planned Residential Development District
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Senior
Housing-Other
Mixed use
Golf related
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $740
Net Operating Income: $28,195
Gross Adjusted Income: 37440
Gross Scheduled Income: $37,440
Total Monthly Income: 3120
Gross Rent Multiplier: 7
Total Expenses: 9245
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Furnished: Unfurnished
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Cement/Concrete, Wood
Property Information
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Land Information
Possible Use: Multi-Family, Residential
Lot Information
Lot Number: 8
Site Features: Cable TV,Deck,High Speed Internet,Patio
Zoning Jurisdiction: City
Lot Features: Cul-De-Sac, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2066
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $3,057
Tax Year: 2013
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Tacoma
Power Company: City of Tacoma
Sewer: Sewer Connected
Sewer Company: Tacoma
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Water Sewer Garbage: 5448
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Tacoma
Location Information
Directions: From South Tyler, head west on S 40th St, Right onto S Mason, property is on your right.
Community Information
Amenities: See Remarks
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,460
Stories: 1.0
Lot Size: 9,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1981
Year Renovated: 1995
County: Pierce County
APN: 5554000080
Home facts updated by county records on Jun 29, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, June 18, 2013
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 4190
Building Area Total: 4190
Building Area Units: Square Feet
Foundation Details: Poured Concrete, Slab
Building Name: Mason Circle
Structure Type: Quadruplex
Stories Total: 2
Around this home
Schools
Whittier Elementary School
Public PreK-3 • Assigned • 1.0mi
5/10
Wainwright Intermediate School
Public 4-8 • Assigned • 1.7mi
6/10
Foss High School
Public 9-12 • Assigned • 1.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
79
56
77
58
72
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
Work with an experienced agent and save on fees. 3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.