Listed by HomeSmart Real Estate Assoc
$1,249,000

Estimated payment $7,585/month

Total Views 5,843
-- Bed
-- Bath
4,150 Sq Ft
$301 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Stadium High School Rated A-
  • Vinyl Plank Flooring
  • High Speed Internet

About This Home

This turn key 4 plex represents a rare opportunity on a large corner lot in the North Tacoma neighborhood. The two upper units are 2/1 (1050 sq') with full fenced back yards while the lower units are 1/1 (850Sq') w/ space to convert to 2 beds. Every unit has a fireplace. A two car garage on one side which the current owner keeps for themselves and a carport on the other side. Two car garage potential spaces for DADU? There are several recent upgrades: New roof, gutters, windows, electric panels w/ separate meters (4), 3/4 units have new carpet, vinyl planking, all new dishwashers, counter tops and remodeled bathrooms. $160,000 in recent upgrades! Close to University of Puget Sound. Very stable rental history. Easy street parking.

Listing Agent

Greg Sciborski

HomeSmart Real Estate Assoc License #24112 Listed on: 05/22/2025

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2378697

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,358

Year Built

  • Built in 1962

Lot Details

  • 9,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Grant Elementary School
  • Hilltop Heritage Middle School
  • Stadium High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2037290050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,358

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1962
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4150
  • SOCComments: Seller is willing to negotiate this.
  • Special Features: None
  • Cumulative Days on Market: 96

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Metal/Vinyl
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: Pierce
  • WaterCompany: TPU
  • WaterSewerGarbage: 4692

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Tacoma
  • High School: Stadium
  • Middle Or Junior School: Hilltop Heritage Middle

Lot Info

  • Parcel Number: 2037290050
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17.6
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 6075

Multi Family

  • Gross Scheduled Income: 71061
  • Net Operating Income: 52623
  • Number Of Units Total: 4
  • Insurance Expense: 2482
  • Leasable Area: 4150
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9358

MLS Schools

  • Elementary School: Grant

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 $9,358 $923,000 $386,500 $536,500
2024 $9,358 $915,100 $362,900 $552,200
2023 $9,358 $841,500 $323,400 $518,100
2022 $8,370 $867,900 $377,100 $490,800
2021 $8,278 $659,400 $249,800 $409,600
2019 $7,278 $607,100 $207,400 $399,700
2018 $8,131 $560,600 $183,800 $376,800
2017 $7,144 $515,300 $162,300 $353,000
2016 $7,004 $414,000 $111,900 $302,100
2014 $5,848 $403,300 $104,700 $298,600
2013 $5,848 $370,300 $88,300 $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $1,249,000 0.0% $301 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $1,249,000 -- $301 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,004,719 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $603,000 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2378697

Northwest Multiple Listing Service (NWMLS)

APN: 203729-0050