5019 N 46TH Street, Tacoma, WA 98407
- $850,000
- 3,100
- SqFt
Listing courtesy of HomeSmart Real Estate Assoc.
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 2574982
- Days on Market
- 1
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 3,100
- Area Total SqFt
- 3100
- Annual Tax Ammount
- 5330
- Lot Size (sq ft)
- 10,800
- Sewer
- Sewer Connected
Property Description
Incredible Opportunity in North Tacoma with this Versatile Triplex for Investors or Owner-Occupants. Don’t miss this rare chance to own a versatile, income-producing triplex in one of North Tacoma’s most desirable neighborhoods. Whether you’re an investor seeking strong rental returns or an owner-occupant looking to live in one unit while generating income, this well-priced property offers remodel possibilities for future equity development potential, flexibility. Zoning is Commercial C-1 (Multi-Family Apts, 5+ Units),which opens the door to expanded possibilities (buyer to verify)—Unit B at one time operated as a small-scale retail storefront,professional office,& general/personal service space,this is giving opportunity for options beyond residential use.All three apartments are spacious and could be used for short or long term rental,each featuring a full kitchen, bathroom, and washer/dryer access: Unit A is 1,017 sq ft, two-story with 2 bedrooms, high ceilings, & a peek-a-boo water views; Unit B is 1,061 sq ft has an open floor plan, 3 bedrooms, and high ceilings; Unit C is an upper-level 1,044 sqft unit with 3 bedrooms & multiple views.The property has abundant parking with front,side,& rear alley access, 968 sq ft shop & garage,plus a fenced yard & deck.Just minutes from Point Defiance Park, the Proctor District, Ruston Point, shopping, restaurants, & ferry.Properties with this combination of versatility, space, location with possible expansion are rare. Sold "AS IS".
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Additional Information
- List Date
- 2026-08-28 00:21:13
- Community
- North Tacoma
- Net Operating Income
- $46,332
- Gross Adjusted Income
- $66,000
- Gross Scheduled Income
- $66,000
- Total Monthly Income
- $5,500
- Insurance Expenses
- $3,258
- Water/Sewer/Garbage Expenses
- $5,201
- Gross Rent Multiplier
- 12
- Total Expenses
- $19,668
- Cap Rate
- 5.5
- Total Number of Units
- 3
- Unit Name
- 5019
- Potential Terms
- Cash, Conventional, Lease Purchase, See Remarks, VA Loan
- Year Built
- 1900
- View
- Bay, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
- Electric Expenses
- 3288
- Other Expenses
- 1391
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Total Monthly Income
- $5,500
- Gross Scheduled Income
- $66,000
- Gross Adjusted Income
- $66,000
- Tax Year
- 2025
- Insurance Expense
- $3,258
- W/S/G Expenses
- $5,201
- Total Expenses
- $19,668
- Net Operating Income
- $46,332
- Gross Rent Multiplier
- 12
- Cap Rate
- 5.5
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.