1603 Norpoint Way NE, Tacoma, WA 98422
- $1,280,000
- 6,720
- SqFt
Listing courtesy of Better Properties Real Estate. Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,280,000
- List Price
- $1,299,000
- Status
- SOLD
- MLS#
- 2420327
- Closing Date
- Sep 30, 2025
- Days on Market
- 17
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 6,720
- Area Total SqFt
- 6720
- Annual Tax Ammount
- 12313.02
- Lot Size (sq ft)
- 8,918
- Sewer
- Sewer Connected
Property Description
Massive 6,720 SF 4-Plex offered by the original owner. Rambler living for each unit that is very well maintained. Upper units are 1,750 SF while the lowers are 1,450 SF. Each home includes 2 bedrooms, 2 bathrooms, double closets in primary, pantry, coat closet, appliances, full size washer/dryer and a 1-car attached garage with opener. Each garage is 21x10. Upper units have a bonus room and patio! Lots of storage. Pella windows, Western Red Cedar siding, fresh exterior paint,2 units with new carpet, security entrance. This building is huge, unique and rare. Highly desirable North Shore neighborhood. Minutes from all amenities, shopping, restaurants and I-5. Great schools and parks. A turn key investment opportunity awaits its second owner.
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Additional Information
- List Date
- 2025-09-13 00:00:00
- Community
- Tacoma
- Net Operating Income
- $75,957
- Gross Adjusted Income
- $75,957
- Gross Scheduled Income
- $96,540
- Total Monthly Income
- $8,045
- Insurance Expenses
- $1,910
- Water/Sewer/Garbage Expenses
- $6,360
- Gross Rent Multiplier
- 13.46
- Total Expenses
- $20,583
- Cap Rate
- 5.84
- Total Number of Units
- 4
- Unit Name
- 1603
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1984
- Roof
- Composition
- Site Features
- Deck
- Energy Source
- Electric
- School District
- Tacoma
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,045
- Gross Scheduled Income
- $96,540
- Gross Adjusted Income
- $75,957
- Tax Year
- 2025
- Insurance Expense
- $1,910
- W/S/G Expenses
- $6,360
- Total Expenses
- $20,583
- Net Operating Income
- $75,957
- Gross Rent Multiplier
- 13.46
- Cap Rate
- 5.84
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.