9210-9212 204th St E

Graham, WA 98338

$775,000
Price
6
Beds
3
Baths
3,168 Sq. Ft.
$245 / Sq. Ft.
3,168
Sq. Ft.
$245
per Sq. Ft.
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a front view of a house with a yard
a view of a house with pool in front of it
wooden floor in an empty room with a window
a view of an empty room with a window
a view of empty room with wooden floor and fan
a kitchen with granite countertop cabinets stainless steel appliances and a sink
a bathroom with a sink and mirror
an empty room with a window
a utility room with dryer and washer
a kitchen with a stove a sink and a refrigerator
a view of an empty room
a view of small space
an empty room with wooden floor and fireplace
a view of an empty room with wooden floor and a window
an empty room with a window
a kitchen with granite countertop a sink a stove and cabinets
Listing provided courtesy of Keller Williams Rty Tacoma
Source: Northwest MLS

Description

Exceptional investment opportunity featuring a performing duplex plus a detached single-level home. Ideal for house hacking, multi-generational living, or a strong addition to an investment portfolio. Each unit offers 2 bedrooms and 1 bathroom with functional, single-level living. and each has its own private garage. The home is 1240 SF & each side of the duplex is 948 SF. This large lot, nearly an acres in size, presents potential for future development or expansion (buyer to verify), adding additional...Exceptional investment opportunity featuring a performing duplex plus a detached single-level home. Ideal for house hacking, multi-generational living, or a strong addition to an investment portfolio. Each unit offers 2 bedrooms and 1 bathroom with functional, single-level living. and each has its own private garage. The home is 1240 SF & each side of the duplex is 948 SF. This large lot, nearly an acres in size, presents potential for future development or expansion (buyer to verify), adding additional upside to an already compelling asset. Well water and septic systems help keep operating expenses low, enhancing overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property provides both immediate income and long-term appreciation potential in a desirable location for stable tenancy.
  1. Listed by Matt Harber • Keller Williams Rty Tacoma
    P: (253)-460-8640 matt@harberhomegroup.com

Property Details for 9210-9212 204th Street East

Community Name
Graham
School District
Bethel
Number of Assigned Spaces
9
Total Covered Parking
3
Entry Date
03-27-2026
Energy Source
Electric,Wood
Sewer
Septic Tank
LISTING UPDATED: 04/16/2026 03:40 PM

Property Details for 9210-9212 204th Street East

StatusActive
MLS #2498485
Days on Market54
Cumulative Days on Market44
Taxes$7,343 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.83 AC / 36,096 SF
CountyPierce County
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Location

Listing Courtesy of Keller Williams Rty Tacoma
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Building Information for 9210-9212 204th Street East

Stories1Residences3Year Built1977Building Size-Lot Size0.83 AC / 36,096 SF

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$4,474 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,862

Property Taxes

$612

HOA Dues

$0

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Property Information for 9210-9212 204th Street East

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
  • Area: 89 - Graham/Frederickson
  • Elementary School: Rocky Ridge Elem
  • Middle Or Junior School: Frontier Jnr High
  • High School: Graham-Kapowsin High
  • Effective Year Built Source: Public Records
  • Directions: Travel South on Meridian, Right on 204th, huge lot with rambler and duplex down on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 3.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking: No
  • Parking Features: RV Parking
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
  • Bedrooms Possible: 6
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public, Shared Well
  • Water/Sewer/Garbage: 720
  • Power Company: Tacoma City Lights
  • Sewer Company: Septic
  • Water Company: Duplex-Well, House-Rainier View Water
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Remarks: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1993
  • Photos Count: 16
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 0418047001
  • Building Condition: Average
  • Calculated Square Footage: 3168
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3168.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11734
  • Gross Adjusted Income: 57433
  • Gross Rent Multiplier: 12.8
  • Gross Scheduled Income: $60,456
  • Insurance Expense: $3,671
  • Net Operating Income: $45,699
  • Other Expenses: $0
  • Total Monthly Income: 5038
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1240
  • Rent Unit 1: $1,448.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 948
  • Rent Unit 2: $1,895.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 948
  • Rent Unit 3: $1,695.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3168.0

Property History for 9210-9212 204th Street East

DateEvent & SourcePriceAppreciation
Mar 27, 2026

Listed (Active)

NWMLS #2498485

$775,000—
Dec 7, 2018

Sold

NWMLS #1393022

$330,000—
Dec 7, 2018

Listed (Active)

NWMLS #1393022

$330,000—
DateEvent & SourcePrice
03/27/2026

Listed (Active)

NWMLS #2498485

$775,000
12/07/2018

Sold

NWMLS #1393022

$330,000
12/07/2018

Listed (Active)

NWMLS #1393022

$330,000

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

Schools near 9210-9212 204th Street East

This home is within Bethel School District.
Rating
School
Type
Grades
Distance
Graham Elementary School
Public - K to 5
Frontier Middle School
Public - 6 to 8
Graham Kapowsin High School
Public - 9 to 12
Bethel Virtual Academy
Public - K to 12
Rating
School
Distance
Graham Elementary School
PublicK to 5

Frontier Middle School
Public6 to 8

Graham Kapowsin High School
Public9 to 12

Bethel Virtual Academy
PublicK 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 9210-9212 204th Street East, Graham, WA 98338

9210-9212 204th Street East is a multi-family home for sale in Graham, WA 98338. This property was listed for sale on March 27, 2026 by Keller Williams Rty Tacoma, it's currently listed at $775,000. It has been on the market for a total of 54 days and was last sold on December 7, 2018. This listing's school district is Bethel School District. Nearby schools include Graham Elementary School, Frontier Middle School and Graham Kapowsin High School. 9210-9212 204th Street East is a 6-bed, 3-bath, 3,168 sqft multi-family home built in 1977.

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 Keller Williams Rty Tacoma

Based on information submitted to the MLS GRID as of 04/16/2026 03:40 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.