$1,400,000
Est. $7,587/mo4,112 sq ft
1461 Rainier Court, Fircrest, WA 98466
• Listed May 13, 2026•69 days active · 69 cumulative
Listing Broker: Berkshire Hathaway HS NW; Suzanne Smith; 253-307-1944; TheBarefootRanch@gmail.com
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Listing Broker: Berkshire Hathaway HS NW; Suzanne Smith; 253-307-1944; TheBarefootRanch@gmail.com
About this home
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.
Listed by Suzanne Smith • Berkshire Hathaway HS NW
Listing updated: September 21, 2026 at 09:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521302
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
1461 Rainier Court, Fircrest, WA 98466
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- 4-Plex
Flooring
- Engineered Hardwood
- Vinyl
- Vinyl Plank
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerTacoma School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 4
- Units below grade
- false
- Building square feet
- 4,112 sq ft
Income & expenses
- Gross scheduled income
- $114,756
- Total monthly income
- $9,563
- Gross adjusted income
- $113,678
- Net operating income
- $82,479
- Cap rate
- 5.8%
- Gross rent multiplier
- 12.2
- Vacancy rate
- 1%
- Total expenses
- $31,129
- Insurance
- $3,657
- Other expenses
- $10,924
- Water / sewer / garbage paid by
- 7137
Parking & storage
- Parking spaces
- 8
- Uncovered parking
- 4
- Covered spaces
- 4
Taxes & assessment
- Annual taxes
- $9,411
- Tax year
- 2026
- Financing
- Cash, Conventional, FHA
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1461 Rainier Court
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- May 13, 2026ListedNWMLS via MLS Grid · #2521302$1,400,000$340/sq ft
- Jun 16, 2004Recorded salePierce County recorder · Statutory warranty deed$399,000$97/sq ft
- Jan 30, 2004Recorded salePierce County recorder · Statutory warranty deed$347,500$85/sq ft
Mortgage payment forecast
$8,721 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Berkshire Hathaway HS NW; Suzanne Smith; 253-307-1944; TheBarefootRanch@gmail.com
Market pulse
Fircrest is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 65 days.
Recent sales nearby
Within 1 mile · last 6 months$740,000 Sold
4 days ago
5 bd•2.5 ba•~2,668 sq ft•Single Family
1208 Contra Costa Avenue, Fircrest, WA 98466
1%
Under list
50
Days on market
0.4 mi
Distance
$525,000 Sold
6 days ago
3 bd•1.5 ba•~1,352 sq ft•Single Family
7211 44th Street W, University Place, WA 98466
8%
Under list
53
Days on market
0.8 mi
Distance
$849,357 Sold
1 week ago
5 bd•2.5 ba•~3,015 sq ft•Single Family
1024 Daniels Drive, Fircrest, WA 98466
2%
Over list
101
Days on market
0.7 mi
Distance
$580,000 Sold
2 weeks ago
4 bd•2 ba•~2,143 sq ft•Single Family
6317 45th Street Ct W, University Place, WA 98466
5%
Over list
20
Days on market
0.3 mi
Distance
$475,000 Sold
5 weeks ago
6 bd•2.25 ba•~2,496 sq ft•Single Family
3720 70th Avenue Ct W, University Place, WA 98466
19%
Over list
13
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:29 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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