Listed by 1 Percent Lists Tacoma
$848,000
PENDING

Estimated payment $5,162/month

Total Views 1,159
5 Beds
4 Baths
2,724 Sq Ft
$311 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Deck
  • Patio
  • Mountain View
  • No HOA
  • Ceramic Tile Flooring

About This Home

Cash-Flow Machine for Investors! This 4-unit property (triplex + DADU) brings versatility, strong income, and serious upside. Appraised at $890K (Sept. 2024) with no rent control and no major repairs. Separately metered gas/electric, $6,950/mo income, and nearly $300K in updates over 10 years by contractor/owner. Newer roof, electrical, plumbing, interiors, & DADU gutted to studs. 9-ft ceiling basement = 5th unit potential. Ample parking, private fenced yards, and peekaboo Mt. Rainier views. Flexible rental options—proven success with long-term tenants, mid-term rentals via Furnished Finder, and short-term stays on Airbnb. This one delivers on every front. A rare find with instant equity, reliable returns, and room to grow!

Listing Agent

Rachel Veary

1 Percent Lists Tacoma License #138020 Listed on: 07/30/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2414509

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,489

Year Built

  • Built in 1912

Lot Details

  • 6,250 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Mcgregors 2Nd Add Condos
  • East Tacoma Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 - 36 / 1
  • Assessor Parcel Number 5660200150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,489

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1912
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • Building Name: Mcgregors 2nd add
  • New Construction: No
  • CalculatedSquareFootage: 2724
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 24

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Electric TPU - Gas PSE
  • SewerCompany: TPU
  • WaterCompany: Public
  • WaterSewerGarbage: 6000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5660200150
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Appraisal
  • LotNumber: 35 - 36

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 10.17
  • LeasedItems: None
  • TotalMonthlyIncome: 6950

Multi Family

  • Gross Scheduled Income: 83400
  • Net Operating Income: 67827
  • Number Of Units Total: 4
  • Insurance Expense: 3084
  • Leasable Area: 2724
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6489

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,037 $596,100 $185,400 $410,700
2024 $6,037 $596,300 $178,400 $417,900
2023 $6,037 $542,500 $166,100 $376,400
2022 $5,323 $545,200 $165,500 $379,700
2021 $4,941 $393,200 $103,500 $289,700
2019 $4,244 $357,200 $86,200 $271,000
2018 $5,004 $326,600 $69,000 $257,600
2017 $4,287 $316,900 $53,000 $263,900
2016 $3,777 $228,700 $39,500 $189,200
2014 $3,339 $217,300 $38,300 $179,000
2013 $3,339 $192,100 $33,600 $158,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Pending -- -- --
07/30/2025 07/30/25 For Sale $848,000 -- $311 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Rainier Title
Warranty Deed $265,000 Rainier Title
Warranty Deed $290,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $578,500 New Conventional
Closed $386,000 New Conventional
Closed $338,000 Stand Alone Refi Refinance Of Original Loan
Closed $338,000 New Conventional
Previous Owner $240,000 Commercial
Previous Owner $232,000 Fannie Mae Freddie Mac
Previous Owner $28,900 Credit Line Revolving
Previous Owner $49,999 Credit Line Revolving
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2414509

Northwest Multiple Listing Service (NWMLS)

APN: 566020-0150