Midland Homes with 55 - 5-9 Units Style

Midland Homes with 55 - 5-9 Units Style

Welcome to Midland, a charming neighborhood nestled in the heart of Tacoma, Washington, within Pierce County. Known for its friendly community atmosphere and beautiful landscapes, Midland offers a unique blend of suburban tranquility and urban convenience. With its rich history and diverse culture, this area is perfect for families, young professionals, and retirees alike.

Midland is characterized by its well-maintained homes, many of which feature the popular 55-59 unit style. These residences are designed to maximize comfort and functionality, offering spacious layouts and modern amenities that cater to today’s lifestyle. Whether you’re looking for a cozy bungalow or a more expansive family home, the variety of options in Midland ensures there’s something for everyone.

One of the standout features of Midland is its lush green spaces and parks, perfect for outdoor enthusiasts and families seeking recreational activities. Local parks provide ample opportunities for picnics, sports, and leisurely strolls, while nearby trails invite you to explore the natural beauty of the Pacific Northwest.

Midland also boasts a strong sense of community, with local events and gatherings that foster connection among neighbors. Residents enjoy easy access to shopping, dining, and entertainment options, making it a convenient place to call home. With its strategic location, you’re just a short drive away from downtown Tacoma and the stunning Washington coastline.

In Midland, you’ll discover a welcoming neighborhood where you can build lasting memories and enjoy a vibrant lifestyle. Come and explore this hidden gem in Tacoma—your dream home awaits!

Newest Midland Homes with 55 - 5-9 Units Style

$799,997
2487537 MLS ⋅ ACTIVE Status
Opportunity to acquire a 5-plex in Tacoma’s Midland neighborhood, offering strong income and straightforward operations. The property consists of five 2-bedroom, 1-bath units, each approximately 700 square feet, providing a consistent unit mix with steady rental demand for multi-bedroom housing. The asset currently generates $56,469 in annual Net Operating Income, reflecting a 7.06% cap rate, presenting investors with immediate cash flow from day one. With the same layout across all units, the property allows for simplified management and leasing. Located in Tacoma’s Midland area, the property benefits from proximity to major commuter routes, shopping centers, and everyday amenities, making it a convenient location for tenants. The consistent unit configuration and manageable property size make this an appealing option for investors seeking a stable small multifamily asset in an established rental market. This offering presents a solid opportunity for buyers looking to add a cash-flowing multifamily property with long-term income potential in the Tacoma area.

10415 10423 Golden Given Road E, Tacoma

Listing courtesy of COMPASS.

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