Active
8 beds4 baths3,672 sqft$245/sqft
3909 Mason Loop Rd, Tacoma, WA 98409
Est: $5,732/moGet pre-approved
Multi FamilyProperty Type
0.27 acresLot Size
1979Year Built
$245/sq ftPrice per sq ft
$330/moHOA Fees
10 carsParking Spaces

Description

Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces,...Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).
2 days on Market
Cumulative days on Market: 2
  • Listed by: Greg Devey 253.565.1189 gregdevey@windermere.com • Windermere Prof Partners
Last updated: 09/08/2026 02:39 PM • Source: NWMLS as distributed by MLS GRID, MLS#: 2578180

Location

Listing Courtesy of Windermere Prof Partners
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$5,732 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,651

Property Taxes

$751

HOA Dues

$330

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Property Information for 3909 Mason Loop Road

Property Details
  • Taxes: $9,013 / year
  • MLS Type: Residential Income
  • Community Name: South Tacoma
  • School District: Tacoma
  • View: Territorial
  • Number of Assigned Spaces: 10
  • Total Covered Parking: 0
  • Entry Date: 09-08-2026
  • Energy Source: Electric,Wood
  • Sewer: Available, Sewer Connected
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1979
  • Lot Size: 0.27 AC / 11,640 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
  • Area: 45 - South Tacoma
  • Effective Year Built Source: Public Records
  • Directions: From Tyler, turn West onto S. 40th, follow around corner to the Right. Becomes Mason Loop. Continue straight to the end and road curves to the left. 2nd 4-Plex on the Right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • 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: Laminate, Vinyl, Carpet
  • Amenities: Playground
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Wood
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water/Sewer/Garbage: 5998
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Matrix
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 38
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Matrix
  • Parcel Number Free Text: 5554000050
  • Calculated Square Footage: 3672
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3672.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 10
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $2,954
  • Total Expenses: 27385
  • Gross Adjusted Income: 83232
  • Gross Rent Multiplier: 12.12
  • Gross Scheduled Income: $74,280
  • Insurance Expense: $3,960
  • Net Operating Income: $55,847
  • Other Expenses: $5,460
  • Total Monthly Income: 6981
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 918
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 918
  • Rent Unit 2: $1,695.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 918
  • Rent Unit 3: $1,495.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 918
  • Rent Unit 4: $1,395.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3672.0

Property History for 3909 Mason Loop Road

DateEvent & SourcePriceAppreciation
Sep 8, 2026

Listed (Active)

NWMLS #2578180

$899,950
Jun 30, 2016

Sold

NWMLS #944821

$375,000
Jun 29, 2016

Sold (Public Record)

Public Record #574022458

$375,000

-0.5% / yr

DateEvent & SourcePrice
09/08/2026

Listed (Active)

NWMLS #2578180

$899,950
06/30/2016

Sold

NWMLS #944821

$375,000
06/29/2016

Sold (Public Record)

Public Record #574022458

$375,000

-0.5% / yr

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

Public Records for 3909 Mason Loop Road

Taxable ValueLand$224,500Additions$578,300Total$802,800
Tax Record2025$8,970 ($747 / month)
Home Facts
Baths4Total Finished SqFt3,672 SqFtAbove Ground SqFt3,672 SqFtStories2Lot Size11,640 SqFtStyleQuadraplexYear Built1979Year Renovated1994ZoningR3CountyPIERCEAPN555400-0-050

Schools near 3909 Mason Loop Road

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 3

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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3909 Mason Loop Road is a multi-family home for sale in Tacoma, WA 98409. This property was listed for sale on September 8, 2026 by Windermere Prof Partners, it's currently listed at $899,950. It has been on the market for a total of 2 days and was last sold on June 30, 2016. This listing's school district is Tacoma School District. Nearby schools include Whittier Elementary School, Wainwright Intermediate School and Foss High School. 3909 Mason Loop Road is a 8-bed, 4-bath, 3,672 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Prof Partners

Based on information submitted to the MLS GRID as of 09/08/2026 02:39 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.