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$1,280,000
2420327 MLS SOLD Status
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.

1603 Norpoint Way NE, Tacoma

Listing courtesy of Better Properties Real Estate. Selling Office: Skyline Properties, Inc..

$755,000
2414509 MLS SOLD Status
Turn-key Owner-Occupy Opportunity - Live in your own detached cottage while collecting rental income on site! This property consists of a triplex in the main house plus a separate DADU cottage at the rear of the lot, creating an ideal house-hack setup where you can live privately while your rentals help offset the mortgage. The main house includes three units total: the lower level is Unit A, a spacious 3-bedroom/1-bath and the largest unit, while the upper level contains Unit B, a studio apartment, and Unit C, a 1-bedroom/1-bath apartment. The fourth unit, Unit D, is a 1-bedroom/1-bath + office DADU cottage with its own private fenced yard, fully separate from the main house. Entire property is fenced with alley access, keeping living areas and parking set back from street traffic. Unit B is newly furnished and ready for mid-term or furnished tenancy. The property has successfully operated as long-term, mid-term, and short-term rentals, offering flexibility for future ownership. The basement features approximately 9-foot ceilings with partial finish & storage rooms. Extensive improvements include full DADU remodel, updated units, newer appliances, new roof and gutters in 2024, tankless hot water system, full electrical replacement, new concrete, new front deck, and recent interior and exterior paint. Current income totals $6,700/month or $80,400/year with NOI of $64,827, 8.15% cap rate, GRM of 9.89, and annual expenses of approx. $15,573. Appraised Aug 2025 at $848,000+.

1027 E 47th Street, Tacoma

Listing courtesy of 1 Percent Lists Tacoma. Selling Office: Keller Williams Realty PS.

$1,310,000
2381953 MLS SOLD Status
This North Slope Historic District 4-plex will charm you with its classic elegance. You’ll also appreciate all the updates that have been completed over the years by the seller. Updated plumbing, electrical, kitchens front porch, landscaping, & covered carport parking off the alley. The photographed unit was owner occupied & has been beautifully upgraded without compromising its historic integrity. Original millwork and fir floors lend warmth & zen to all four units. Each apartment is separately metered for electricity. Landlord pays gas, water, sewer, garbage, and stormwater, electricity for basement/shared laundry & outside lights. Seller previously operated a successful travel-nurse housing business. Close to hospitals and light rail.

720 N L Street, Tacoma

Listing courtesy of Golden West Properties Inc. Selling Office: Golden West Properties Inc.

$665,000
2371816 MLS SOLD Status
Welcome to this fully furnished 4 Plex! This has been a successful Investment Property housing Visiting Nurses. Tacoma Light Rail runs right in front of the home, and there are many restaurants, parks, shopping & amazing bars close by. The main floor offers the largest unit, 1 Bedroom & 1 bath. The second floor has a studio w/kitchenette & full bath, plus a 1 bedroom/1 bath. The attic on the 3rd floor is a Studio. All units have Ductless Mini Splits for heating & cooling, the main floor unit has a gas fireplace. There is a 2 car garage that is shared by the 2 1 bedroom units, plus a large shop that can be used for storage. Shared laundry in the basement. Covered front porch, back patio w/lush landscaping. Just blocks from the Hospitals!

708 Martin Luther King Jr Way, Tacoma

Listing courtesy of Windermere Prof Partners. Selling Office: Michael J Real Estate LLC.

$670,000
2369676 MLS SOLD Status
Classic 60's rambler, brick 4 plex style. Landlords & tenants alike love these buildings because they're well built & the units have great, functional layouts. This one is no exception, w/timeless style & design that really enhances livability & allows the landlord to charge premium rents. Bring your cosmetic ideas, all the units need is some cosmetic updates & you've got a building well positioned for low maintenance renting for the next 20 years. The garage spaces are a bonus - rent them individually or consider converting them into an additional apartment or two. Conveniently located on a bus line, close to I5, and walking distance from the emerging retail corredor that is S 56th St. Hear that? That's the sound of opportunity knocking.

1301 S 54th Street, Tacoma

Listing courtesy of Windermere Central Sound. Selling Office: Skyline Properties, Inc..

$1,240,000
2364129 MLS SOLD Status
Fantastic 4-plex investment opportunity in Tacoma! Two duplexes on one parcel. Located 2 blocks away from St. Joe hospital, this property is centrally located near great dining options & easy freeway access. This newly refreshed property offers spacious 3 bed units, huge partially finished basements (great storage or build-out additional 1 bed units) with great ceiling clearance. New siding, windows, paint, updated electrical, and roofs. Units have been updated w/modern, attractive features and colors...tons of millwork, clawfoot tubs, ceiling tiles and open kitchens add to the charm of this storied property. Each unit is furnished with full appliance packages, including washer/dryer. Come and visit this great property today!

1121 S 15th Street, Tacoma

Listing courtesy of Better Properties Summit. Selling Office: Windermere Abode.

$800,000
2343028 MLS SOLD Status
Located across Swan Creek Park & E. Side Comm Cntr! This Fourplex offers an excellent addition to any investment portfolio. Each 2BD/1BA is 938 sqft and updated within the last (5) years. Updated kitchens w/ quartz counter tops, dishwasher, refreshed bathrooms, LVP flooring, washer/dryer(in-unit), cozy fireplace (#1 & #3) and secured entry. Tenants pay their own electricity (metered), while W/S/T(utility fee) are billed back by the landlord. New roof installed in 2019, limited landscaping and a 12-stall parking lot. Housing demand remains strong and rent upside provides opportunity, this low-maintenance value-add investment can grow or start your portfolio. Easy access to key areas; Dwtn, UW, Tac. Mall or EQC + I-5. Don't Miss Out

1706 E 56th Street, Tacoma

Listing courtesy of RE/MAX Northwest. Selling Office: HomeSmart Real Estate Assoc.

$697,000
2335153 MLS SOLD Status
Solid Fourplex located in Orchard Glen Estates. Value-Add Opportunity with rents well below market rates. Units are ~900SF, 2bed/1bath; upper have balconies, lower have patios & large back yards. Shared laundry facility in basement. New roof in 2019. This building uniquely features an ~1,800SF basement with full-height ceilings, offering exceptional versatility & additional income potential—rent out as storage, workshop, or maybe convert to more unit(s)? Unit D left vacant for showings; ABC tenants are very long term, month to month with no rent increases in several years. 1/3 Acre Lot. Quiet cul-de-sac location w/ convenient access to I-5 & JBLM. 8.7% Cap Rate @ Market Rents. Competitively priced to sell!

5032 S 58th Street, Tacoma

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Real Broker LLC.

$1,029,000
2331801 MLS SOLD Status
Discover one of North Tacoma’s finest multi-family gems! This meticulously renovated 4-unit craftsman blends historic charm with modern updates. The main house offers three private-entries, plus a DADU & two-car garage. Recent upgrades include a newer roof, windows, exterior paint, garage doors, updated plumbing, electrical, & appliances. Each main house unit features custom tile, washer/dryers, spacious closets, and preserved character. Enjoy private porches, decks, shared yard space, and mature trees. Prime location and walkable to nearby restaurants UPS, Proctor, and Stadium District. An exceptional turnkey investment! All 4 units are currently rented with excellent retention history. Showings by appointment, do not disturb tenants.

2906 N 21st Street Unit #1-4, Tacoma

Listing courtesy of PropertiesNW of Gig Harbor Ltd. Selling Office: Windermere Prof Partners.

$902,000
2300496 MLS SOLD Status
Welcome to this beautifully maintained 4plex in a prime Tacoma location, perfect for savvy investors! This property features 4 fully occupied units 3-1Bd and 1-2 Bd units, each with strong rental history. Currently, rents are below market value, offering significant upside potential for increased income. Recent interior remodels enhance the appeal, with modern finishes and efficient layouts. Each unit includes newer washers and dryers, ensuring convenience for tenants. The 6-year-old roof provides peace of mind for long-term maintenance. With meticulous repair records available, this 4-plex is not just a smart investment—it's a stable asset in a thriving area. Don’t miss this exceptional opportunity!

1301 N 4th Street, Tacoma

Listing courtesy of eXp Realty. Selling Office: Windermere Real Estate/East.

$885,000
2264438 MLS SOLD Status
Great opportunity to acquire a well maintained 4-plex in the Upper Park neighborhood of Tacoma. Ideally situated with easy access to popular shopping & dining destinations throughout DT Tacoma & allows for a convenient commute via I-5 to major employment centers in Seattle, Bellevue & surrounding areas. Built in 1979, this meticulously maintained 4-plex hasundergone several upgrades in recent years, including updated ext paint, landscaping, new double-pane vinyl windows, ext fencing, attic ventilation & new appliances for the units. Unit features include 2 bd/1 bath, W/D, decks, carpet & vinyl plank flooring. Common area amenities include open parking, as well as ample street parking. Close to many Tacoma parks offering outdoor recreation.

620 Upper Park Street, Tacoma

Listing courtesy of John L. Scott, Inc. Selling Office: John L. Scott, Inc.

$970,000
2263055 MLS SOLD Status
Brand new 2024 4plex! 2 detached duplexes on the same lot. Both buildings are identical. Units A1 & A2 are 1 bedroom, 1 bath, bottom floor units. These units feature Quartz countertops, LVP flooring throughout, air conditioning, SS Appliances, washer & dryer in units. Units A2 and B2 are two story 2 bed 2 bath units, featuring quartz countertops in kitchen and baths, SS Appliances, carpet on the stairs for quiet entry, LVP flooring in the living space throughout, as well as A/C and mountain views. HUGE FINANCIAL BONUS! These units are in the 7-year tax exempt opportunity zone, only pay taxes on the land, not the improvements! This is a great opportunity buy as an owner-occupied investment. IMMEDIATE CASH FLOW & zero deferred maintenance.

1438 E 31 Street, Tacoma

Listing courtesy of Skyline Properties, Inc.. Selling Office: Skyline Properties, Inc..

$950,000
2254490 MLS SOLD Status
Don't miss this fantastic investment opportunity at 4015 S Puget sound ave, Tacoma, WA! This 4-plex offers a total of 8 bedrooms and 4 bathrooms (2 bedroom 1 bathroom units), providing flexibility and potential for a savvy investor or someone looking for a house hack. The property features carpet and vinyl floors, dishwasher, refrigerator and range. Each unit comes with their own garage. Tenants pay for their own utilities. With a total lot size of 6500 square feet, this is an excellent chance to invest in a versatile property. Close to major freeways! Neighboring properties also available. Tenants are month to month leases. Great for a 1st time home buyer looking for a tenant to pay half of their mortgage.

4017 S Puget Sound Avenue, Tacoma

Listing courtesy of Every Door Real Estate. Selling Office: Adelbern Real Estate LLC.

$830,000
2251421 MLS SOLD Status
SUPER Location, Close to Everything YOU Need! WOW ~ this Nostalgic Tacoma 4plex is your next CA$H Cow! FRESHLY REMODELED with Permits!! Light & Bright Units w/neutral colors & Sunshine flowing through ~ this is "THE ONE" you're looking for like a winning lottery ticket! Abundant Opportunity ~ Get ready to COLLECT RENT on 4 units as living space, basement storage + 2 one-car garages for storage/parking. INVESTORS looking to capitalize on EXCELLENT, Central Locale, w/HIGH RENTABILITY/Occupancy rates, this ADORABLE Stadium District Charmer is IT. CONVENIENT Area: Easy Freeway access, Bus line nearby + the Gorgeous & Sprawling Wright Park, Hospitals, Restaurants, Shopping, Schools & so much more! *Within the FHA limits, Don't Wait to invest!*

616 S G Street, Tacoma

Listing courtesy of eXp Realty. Selling Office: Skyline Properties, Inc..

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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