3902 Mason Loop Rd

Tacoma, WA 98409

$840,000
Price
8
Beds
4
Baths
3,248 Sq. Ft.
$259 / Sq. Ft.
3,248
Sq. Ft.
$259
per Sq. Ft.
Listing provided courtesy of CENTURY 21 Real Estate Center

Description

Huge price reduction below market value! Investors Dream! Opportunity knocks! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot. Each unit offers 2 bedrooms, 1 bath, deck or patio and 850 sf of living area. Updated kitchen with granite countertops & vinyl flooring, baths updated. Washer/Dryer hookup in each unit. Newer wall to wall carpet and a woodburning fireplace and carport parking space for each unit. All units currently leased,...Huge price reduction below market value! Investors Dream! Opportunity knocks! Great Location! Well maintained 4-Unit Apartment complex. Beautifully manicured shrubs & trees, fully fenced corner lot. Each unit offers 2 bedrooms, 1 bath, deck or patio and 850 sf of living area. Updated kitchen with granite countertops & vinyl flooring, baths updated. Washer/Dryer hookup in each unit. Newer wall to wall carpet and a woodburning fireplace and carport parking space for each unit. All units currently leased, long-time tenants. Easy access to WA-16/I-5. Solid investment opportunity! Don't miss out!
  1. Listed by Rutha Thomas • CENTURY 21 Real Estate Center

Property Details for 3902 Mason Loop Road

Community Name
South Tacoma
School District
Tacoma
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
06-20-2025
Energy Source
Electric,Wood
Sewer
Sewer Connected
LISTING UPDATED: 12/19/2025 08:41 PM

Property Details for 3902 Mason Loop Road

StatusActive
MLS #2393924
Days on Market187
Cumulative Days on Market172
Taxes$8,129 / year
HOA Fees$350 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.21 AC / 9,300 SF
CountyPierce County

Location

Listing Courtesy of CENTURY 21 Real Estate Center
Add your commute

Building Information for 3902 Mason Loop Road

Stories2Residences4Year Built1979Building Size-Lot Size0.21 AC / 9,300 SF

Payment Calculator

$5,178 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,151

Property Taxes

$677

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Property Information for 3902 Mason Loop Road

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Fully, Patio
  • Area: 45 - South Tacoma
  • Block: 3007
  • Elementary School: Whittier
  • Middle Or Junior School: Hunt
  • High School: Foss
  • Effective Year Built Source: Public Records
  • Directions: From I-5, take Exit 132B, Right ramp to Union Ave, Left onto S. Union Ave, Right onto S. 35th St, Left onto Tyler St, Right onto 38th St to S. Mason Ave to Mason Loop.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
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: Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3550
  • Power Company: Tacoma Public Utilities
  • Sewer Company: Tacoma Public Utilities
  • Water Company: Tacoma Public Utilities
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • First Right Of Refusal: false
  • MLS Square Footage Source: Pierce County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1996
  • Photos Count: 7
Lot Information
  • Lot Details: Cul-De-Sac, Dead End Street, Paved, Secluded
  • Lot Number: 19
  • Lot Size Source: Pierce County
  • Parcel Number Free Text: 5554000190
  • Building Condition: Average
  • Calculated Square Footage: 3248
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3248.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $402
  • Total Expenses: 14632
  • Gross Adjusted Income: 78600
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $78,600
  • Insurance Expense: $2,551
  • Net Operating Income: $64,185
  • Other Expenses: $0
  • Total Monthly Income: 6250
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 850
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 850
  • Rent Unit 2: $1,700.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 850
  • Rent Unit 3: $1,600.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 850
  • Rent Unit 4: $1,650.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3248.0

Property History for 3902 Mason Loop Road

DateEvent & SourcePriceAppreciation
Aug 16, 2025

Price Change

NWMLS #2393924

$855,000—
Jul 14, 2025

Price Change

NWMLS #2393924

$875,000—
Jun 20, 2025

Listed (Active)

NWMLS #2393924

$895,000—
Aug 8, 2006

Sold (Public Record)

Public Record #200497651

$373,000

+14.0% / yr

May 24, 2002

Sold (Public Record)

Public Record #93523931

$214,800—
DateEvent & SourcePrice
08/16/2025

Price Change

NWMLS #2393924

$855,000
07/14/2025

Price Change

NWMLS #2393924

$875,000
06/20/2025

Listed (Active)

NWMLS #2393924

$895,000
08/08/2006

Sold (Public Record)

Public Record #200497651

$373,000

+14.0% / yr

05/24/2002

Sold (Public Record)

Public Record #93523931

$214,800

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

Public Records for 3902 Mason Loop Road

Taxable ValueLand$218,200Additions$568,900Total$787,100
Tax Record2025$8,561 ($713 / month)
Home Facts
Total Finished SqFt3,248 SqFtAbove Ground SqFt3,248 SqFtStories2Lot Size9,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1979Year Renovated1990ZoningR3CountyPIERCEAPN5554000190Fireplace TypeHas Fireplace

Schools near 3902 Mason Loop Road

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Whittier Elementary School
Public - PK to 5
Wainwright Intermediate School
Public - 4 to 8
Foss High School
Public - 9 to 12
Oakland High School
Public - 9 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 5

Wainwright Intermediate School
Public4 to 8

Foss High School
Public9 to 12

Oakland 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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More information about 3902 Mason Loop Road, Tacoma, WA 98409

3902 Mason Loop Road is a multi-family home for sale in Tacoma, WA 98409. This property was listed for sale on June 20, 2025 by CENTURY 21 Real Estate Center, it's currently listed at $840,000. It has been on the market for a total of 187 days and was last sold on August 8, 2006. This listing's school district is Tacoma School District. Nearby schools include Whittier Elementary School, Wainwright Intermediate School and Foss High School. 3902 Mason Loop Road is a 8-bed, 4-bath, 3,248 sqft multi-family home built in 1979.

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 CENTURY 21 Real Estate Center

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 10:19 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.