3207 N 26th Street, Tacoma, WA 98407

$749,000
2,742
SqFt

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Listing courtesy of Redfin.

List Price
$749,000
Status
PENDING
MLS#
2544538
Days on Market
43
Style
53 - Tri-plex
Finished SqFt
2,742
Area Total SqFt
2742
Annual Tax Ammount
8097.32
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Exceptional opportunity in a fantastic urban location just blocks from the heart of Proctor. Enjoy easy access to cafés, parks, schools, the waterfront, shopping, dining, and all the amenities this vibrant community has to offer. Rich in historical architecture with hardwood floors, high cove ceilings and timeless character, this versatile property is currently configured as a triplex with a strong rental history. The fully remodeled backyard ADU is modern industrial, turnkey and ready to generate immediate income. The upper-level apartment has a successful history as a short-term rental. All three apartments are spacious, have kitchens, full baths and their own laundry. Looking for a forever home? Restore and convert the main house back into a stunning single-family residence while retaining the ADU for supplemental income or for multi-generational living options. Whether you're seeking an investment property, a restoration project, a compound or future development potential, this rare offering delivers endless possibilities in one of the area's most desirable neighborhoods. Zoning is C:1 General Neighborhood Commercial, which provides additional options for for commercial use like a small-scale retail storefront, professional offices, medical clinic, and personal service shops like a hair salon!

Additional Information

List Date
2026-07-05 17:53:13
Community
North Tacoma
Net Operating Income
$51,213
Gross Adjusted Income
$67,502
Gross Scheduled Income
$75,600
Total Monthly Income
$6,300
Insurance Expenses
$3,463
Water/Sewer/Garbage Expenses
$4,228
Gross Rent Multiplier
9.91
Total Expenses
$16,289
Cap Rate
6.84
Vacancy Rate
10
Total Number of Units
3
Unit Name
3207
Potential Terms
Cash, Conventional
Year Built
1904
Roof
Composition, Flat, Metal
Other Expenses
500
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,300
Gross Scheduled Income
$75,600
Vacancy Rate
10
Gross Adjusted Income
$67,502
Tax Year
2025
Insurance Expense
$3,463
W/S/G Expenses
$4,228
Total Expenses
$16,289
Net Operating Income
$51,213
Gross Rent Multiplier
9.91
Cap Rate
6.84
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.
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