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JRJeff ReynoldsCompass · Seattle

Listed by Brandon M Vukelich, Multifamily Properties

2,936
Square feet
$475
Per sq ft
Multi Family
Type
1945
Year built
7,440 sq ft
Lot
18
Days on market

About this property

Discover this rare, turnkey 3-unit gem in North Tacoma’s classic Old Town neighborhood, surrounded by $1M+ homes. The views of Commencement Bay & Vashon Island from both front units are stunning. The property currently operates as year round short- & mid-term rentals (STR/MTR) & can be delivered fully furnished. This property perfectly blends lifestyle luxury with strong income potential, making it ideal for STR/MTR investors. Alternatively, it's perfect for owner-occupants seeking a smart house-hack or multi-generational living setup. Live in one unit while generating income from the others. This location features a stacked duplex with mirrored 2bd/2.5ba units up front includes full w/d & each bedroom has a private bath suite. New $18k ductless mini-split heat/AC for Unit B in 2026. The 3rd unit is a studio under the garage off the alley. New composite deck in 2025. Located in a vibrant area near Ruston's waterfront, amenities, parks, and attractions, yet tucked into an upscale enclave. This 3-unit property is a low-maintenance, high-reward opportunity in a market where quality multifamily with unobstructed views are scarce. The sellers have truly loved owning this gorgeous & stylish property. Their time to scale back is your golden opportunity to continue its operation or make it your own. Don’t miss this chance to own a beautiful, income-generating property in one of Tacoma’s best locations! Additional details & financials available to serious inquiries only.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2540292
Listed
June 25, 2026
Days on market
18
Price per sq ft
$475

Unit & building

Stories in building
2
Units in building
3

Parking

Covered spaces
1
Total spaces
2

Views

View
BayCityMountainsOceanSeaSound

Construction

Year built
1945
Style
53 - Tri-plex
Structure
Triplex
Roof
Flat

Heating & cooling

Heating
Ductless
Cooling
Ductless
Energy source
ElectricNatural Gas

Flooring

Flooring
LaminateVinyl Plank

Lot

Lot features
AlleyCurbsPavedSidewalk
Lot size
7,440 sq ft

Terms

Terms offered
CashConventionalFHASee RemarksVA Loan

Utilities

Water
TPU
Sewer
TPU
Power
TPU

Schools

District
Tacoma
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Bay
  • City
  • Mountains
  • Ocean
  • Sea
  • Sound
  • Triplex
  • Flat
  • Ductless
  • Electric
  • Natural Gas
  • Laminate

Listing history

  1. Listed

    $1,395,000

    June 25, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$8,124

Principal & interest
$7,054
Property tax (est.)
$1,070

Assumes $279,000 down (20%), a $1,116,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.