1461 Rainier Court, Fircrest, WA 98466

$1,400,000
4,112
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Berkshire Hathaway HS NW.

List Price
$1,400,000
Status
ACTIVE
MLS#
2521302
Days on Market
120
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,112
Lot Size (sq ft)
29,120

Property Description

The Fircrest investment opportunity you’ve been waiting for! This well-maintained fourplex features four spacious units, each offering 2 bedrooms and 1.5 baths. Inside, tenants enjoy a highly desirable layout complete with a cozy fireplace, an eat-in kitchen with granite countertops, a formal dining room, a walk-in closet, and an in-unit washer/dryer. Capitalize on a turnkey property featuring covered carport parking and dedicated storage spaces.

Additional Information

List Date
2026-05-13 22:00:22
Community
Fircrest
Potential Terms
Cash, Conventional, FHA
Year Built
1967
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Patio
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,563
Gross Scheduled Income
$114,756
Vacancy Rate
1
Gross Adjusted Income
$113,678
Tax Year
2026
Insurance Expense
$3,657
W/S/G Expenses
$7,137
Total Expenses
$31,129
Net Operating Income
$82,479
Gross Rent Multiplier
12.2
Cap Rate
5.8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information submitted to the MLS GRID as of . 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.