Listed by Upside Properties
$1,250,000

Estimated payment $7,495/month

Total Views 311
13 Beds
6 Baths
4,344 Sq Ft
$288 Price per Sq Ft

Highlights

  • Very Popular Property
  • Territorial View
  • Patio
  • Stadium High School Rated A-
  • No HOA
  • Vinyl Plank Flooring

About This Home

Prime investment opportunity in Northeast Tacoma's coveted Browns Point neighborhood! This fully stabilized triplex delivers strong cash flow with a 5.8% cap rate and three generously sized units. Recent renovations include luxury vinyl plank flooring, fresh interior and exterior paint, stainless steel appliances, in-unit washer/dryer, quartz countertops, and tile. Each unit features ground-level access, private fenced yards, and dedicated parking (2 spaces per unit). The layout includes two 4-bedroom/2-bathroom units plus one 5-bedroom/2-bathroom unit, providing versatile rental appeal. This meticulously cared for property combines immediate income with long-term appreciation potential in one of Tacoma's most desirable residential areas.

Listing Agent

Gunnar Conley

Upside Properties License #22022753 Listed on: 10/30/2025

Upside Properties

Co-Listing Agent

Brian Side

Upside Properties License #21007250

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2447851

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,418

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,344 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Browns Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6350000360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,418

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1996
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4344
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Tacoma
  • SewerCompany: City of Tacoma
  • WaterCompany: City of Tacoma

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: 6350000360
  • Lot Size Acres: 0.3415
  • Lot Size Sq Ft: 14875
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 72497.8
  • LeasedItems: None
  • TotalMonthlyIncome: 8380

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11418

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: false

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 $10,015 $1,138,600 $316,500 $822,100
2024 $10,015 $1,050,100 $261,600 $788,500
2023 $10,015 $900,600 $255,400 $645,200
2022 $7,883 $787,600 $264,700 $522,900
2021 $7,342 $584,700 $186,200 $398,500
2019 $6,489 $535,200 $158,700 $376,500
2018 $7,045 $499,800 $144,900 $354,900
2017 $5,996 $446,400 $117,300 $329,100
2016 $5,392 $347,200 $79,400 $267,800
2014 $4,910 $310,400 $69,700 $240,700
2013 $4,910 $283,700 $60,700 $223,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 For Sale $1,250,000 +4.2% $288 / Sq Ft
07/13/2023 07/13/23 Sold $1,200,000 0.0% $276 / Sq Ft View Prior Sale
06/23/2023 06/23/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $1,200,000 0.0% $276 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $1,200,000 -4.0% $276 / Sq Ft
03/02/2023 03/02/23 For Sale $1,250,000 -- $288 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,199,000 Fidelity National Title
Warranty Deed -- Capitailltle
Gift Deed -- Commonwealth Title Co
Warranty Deed $188,470 --
Gift Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $641,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $400,000 Construction
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2447851

Northwest Multiple Listing Service (NWMLS)

APN: 635000-0360