2076 E 56th St

8
Baths
4,076 Sq. Ft.
$258 / Sq. Ft.
4,076
Sq. Ft.
$258
per Sq. Ft.

Description

Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest's hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term...Prime Investment Opportunity! Amazing Income Generating Machine! Discover an exceptional turnkey 4-plex investment, strategically nestled in a quiet Tacoma community, offering a robust income-generating asset in one of the Pacific Northwest's hottest real estate markets. Each of the 4 spacious units boasts an identical, highly desirable layout featuring 3 generous bedrooms & 1.75 baths across 1,019 square feet, complete with private balcony/patio space & dedicated storage, strongly appealing to long-term tenants. The property offers a significant opportunity for value appreciation. The current rental income is below competitive market value, suggesting a clear path to immediate value appreciation and strong potential Cap Rate of 5-6%. Units have been updated with kitchens featuring newer appliances & white cabinetry, durable flooring, and in-unit washers/dryers. On-site parking includes 8 designated spaces. The location offers enviable lifestyle appeal, situated moments from Swan Creek Park's acclaimed MTB Trail, half a mile from First Creek Middle School, & close to Cloverdale Park & essential retail. This 4-plex represents a prime addition to any portfolio, offering immediate cash flow, tangible upside, and a highly sought-after unit mix. Strong rental demand in this corridor ensures stability & continuous occupancy. Do not miss this chance to solidify your investment future in the strong Tacoma market. Please respect tenant privacy. Please DO NOT disturb Occupants.
  1. Listed by Victoria Baptiste • Redfin
    P: (425)-418-7628 Victoria.Baptiste@Redfin.com
  2. Listed by Chris Baptiste • Redfin
    P: (425)-418-7628 chris.baptiste@redfin.com

Property Details for 2076 East 56th Street

Community Name
Swan Creek
School District
Tacoma
Number of Assigned Spaces
8
Total Covered Parking
0
Offers Review Date
04-22-2026
Entry Date
04-16-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/29/2026 04:43 PM

Property Details for 2076 East 56th Street

StatusSold
MLS #2502696
Days on Market5
Cumulative Days on Market5
Taxes$9,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.24 AC / 10,577 SF
CountyPierce County

Location

Listing Courtesy of Redfin

Sold By KW Mountains to Sound Realty

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Building Information for 2076 East 56th Street

Stories2Residences4Year Built1986Building Size-Lot Size0.24 AC / 10,577 SF

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Principal and Interest

$5,232

Property Taxes

$750

HOA Dues

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Property Information for 2076 East 56th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Area: 61 - Southeast Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: GPS Works. From Portland Ave, East on 56th St Right to stay on E 56th to property at the end of the street.
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Amenities: See Remarks,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Sewer Company: TPU
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist - Buyer to Verify
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 19
Lot Information
  • Lot Details: Dead End Street
  • Lot Size Source: Realist - Buyer to Verify
  • Parcel Number Free Text: 5003440080
  • Calculated Square Footage: 4076
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4076.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12200
  • Gross Adjusted Income: 75000
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: $84,000
  • Insurance Expense: $3,200
  • Net Operating Income: $628,000
  • Other Expenses: $0
  • Total Monthly Income: 7000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: E-1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1019
  • Rent Unit 1: $1,750.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: E-2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1019
  • Rent Unit 2: $1,750.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: E-3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1019
  • Rent Unit 3: $1,750.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: E-4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1019
  • Rent Unit 4: $1,750.00
  • Bedrooms Unit 4: 3
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4076.0

Property History for 2076 East 56th Street

DateEvent & SourcePriceAppreciation
May 29, 2026

Sold

NWMLS #2502696

$1,050,000—
Apr 21, 2026

Pending

NWMLS #2502696

—
Apr 16, 2026

Listed (Active)

NWMLS #2502696

$1,050,000—
DateEvent & SourcePrice
05/29/2026

Sold

NWMLS #2502696

$1,050,000
04/21/2026

Pending

NWMLS #2502696

—
04/16/2026

Listed (Active)

NWMLS #2502696

$1,050,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2076 East 56th Street

Taxable ValueLand$206,500Additions$726,400Total$932,900
Tax Record2026$10,158 ($847 / month)
Home Facts
Total Finished SqFt4,076 SqFtAbove Ground SqFt4,076 SqFtStories2Lot Size10,577 SqFtStyleMulti-Family Res (5+ Units)Year Built1986Year Renovated2014ZoningR4LCountyPIERCEAPN5003440080

Schools near 2076 East 56th Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sheridan Elementary School
PublicPK to 5

First Creek Middle School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin

Based on information submitted to the MLS GRID as of 05/29/2026 04:43 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.