1601 Norpoint Way NE Tacoma, WA 98422
Northeast Tacoma NeighborhoodEstimated payment $7,837/month
Highlights
- No HOA
- Baseboard Heating
- Wood Siding
- Stadium High School Rated A-
- Property is in very good condition
- 4-minute walk to Alderwood Park
About This Home
Prime NE Tacoma 4-Plex Investment Opportunity! Don’t miss this chance to acquire a well-maintained 4-plex in the heart of Northeast Tacoma, centrally located between Federal Way and Downtown Tacoma. This property offers two spacious 3-bedroom 2- bath units (approx. 1,760 sq. ft.) and two large 2-bedroom 2- bath units (approx. 1,600 sq. ft.)—each with dedicated parking space, a private garage and upper units have private balconies. This is a true value-add opportunity with upside potential through rent increases to market levels and the ability to implement utility bill-backs. A solid investment for seasoned owners or those looking to expand their portfolio in a desirable, high-demand rental market. Perfect for owner occupancy.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2436465
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,226
Year Built
- Built in 1984
Lot Details
- 9,110 Sq Ft Lot
- Property is in very good condition
Home Design
- Quadruplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 6,720 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Open Parking
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Ne Tacoma Subdivision
Listing and Financial Details
- Assessor Parcel Number 0321238018
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,226 | $1,173,900 | $280,000 | $893,900 |
| 2024 | $12,226 | $1,133,900 | $242,300 | $891,600 |
| 2023 | $12,226 | $1,099,700 | $235,500 | $864,200 |
| 2022 | $11,103 | $1,101,700 | $215,400 | $886,300 |
| 2021 | $10,961 | $873,400 | $161,500 | $711,900 |
| 2019 | $7,678 | $741,700 | $129,600 | $612,100 |
| 2018 | $7,832 | $591,500 | $120,800 | $470,700 |
| 2017 | $7,163 | $496,300 | $103,100 | $393,200 |
| 2016 | $6,815 | $421,000 | $73,700 | $347,300 |
| 2014 | $5,939 | $392,400 | $66,600 | $325,800 |
| 2013 | $5,939 | $352,700 | $58,900 | $293,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 11/06/2025 11/06/25 | Price Changed | $1,300,000 | -3.7% | $193 / Sq Ft |
| 09/24/2025 09/24/25 | For Sale | $1,350,000 | -- | $201 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | Trans | |
| Warranty Deed | -- | Landamerica Rainier Title | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,000 | Commercial | |
| Previous Owner | $124,000 | Commercial | |
| Closed | $21,000 | No Value Available | |
| Closed | $74,900 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2436465
APN: 032123-8018
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Based on information submitted to the MLS GRID
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