Listed by Mark Caldwell • Columbia Partners Real Estate. Bought with Skyline Properties, Inc.
Off Market Feb 2023 for $890K
—
Est. refi paymentEst. refi$2,268/mo
—
bd
•
— ba
•
3,696
sq ft
3947 Mason Loop Rd, Tacoma, WA 98409
About this home
Look no further! Sought after cash-flowing 4-plex in the Mason Circle HOA. Each spacious unit is 900+ square feet, 2 bedrooms, 1.5 bathrooms with a private garage plus storage & 2 additional tandem off-street parking spots. Each unit has washer/dryer & dishwasher, & private covered exterior deck/balcony. Well maintained with newer roof, thermal windows & exterior paint. Close to freeway, downtown, shopping & schools. New Tacoma rezoning implementation allows for significant development potential! A must see!
Multi-familyProperty Type
1979Year Built
0.28 acresLot Size
$241Price/Sq.Ft.
12 spacesParking
Listed by Mark Caldwell• Columbia Partners Real Estate
Bought with Aaron Nelson• Skyline Properties, Inc.
*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
6
Stories
2
Lot width
—
Lot depth
—
Lot size
0.28 Acres
Year renovated
1994
Sq. Ft.
3,696
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
5554000132
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
Covered Spaces: 4
Open Parking Spaces: 8
Has Open Parking
Interior
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Laminate, Wall to Wall Carpet
Flooring: Laminate, Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $1,200
Other Expense: $2,940
Net Operating Income: $64,336
Gross Adjusted Income: 81600
Gross Scheduled Income: $81,600
Total Monthly Income: 6800
Gross Rent Multiplier: 13.6
Total Expenses: 17264
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: Wood
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Has View
Lot Information
MLS Lot Size Source: realist
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.2755
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $8,624
Tax Year: 2022
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: TPU
Power Company: TPU
Sewer: Sewer Connected
Sewer Company: TPU
Water Sewer Garbage: 4500
Cable Connected: Click/Xfinity
Internet Connected: Click/Xfinity
Location
HOA Information
Has HOA
Association Fee: $245
Association Fee Frequency: Monthly
School Information
High School District: Tacoma
Location Information
Directions: WA-16 West take exit 1B, cont S Union Ave, W on S 35th St, turns into S 36th St, S on S Tyler St, W on S 40th St, N on Mason Rd, W on Mason Loop Rd.
Community Information
Amenities: Storage,Thermal Windows
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 3,696
Stories: 2.0
Lot Size: 0.28 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 1994
County: Pierce County
APN: 5554000132
Home facts updated by county records on Jun 29, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, September 20, 2022
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3696
Building Area Total: 3696
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Quadruplex
Stories Total: 3
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 • 1.3mi
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.