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JRJeff ReynoldsCompass · Seattle

Listed by Matthew W. Hodge, John L. Scott Woodinville

2,766
Square feet
$325
Per sq ft
Multi Family
Type
1910
Year built
6,500 sq ft
Lot
6
Days on market

About this property

Exceptional investment opportunity in Tacoma's rapidly evolving Downtown! This income-producing triplex offers immediate income potential and outstanding long-term upside. The property features three separate units, three garage spaces and convenient alley access. Situated on a 6,500-square-foot lot within Tacoma's Neighborhood Residential Mixed-Use (NRX) zoning district, the property offers exciting value-add and future redevelopment possibilities (buyer to verify). Built in 1910, this classic investment property combines timeless character with modern investment potential. Ideally located just minutes from Downtown Tacoma, major hospitals, the light rail, the University of Washington Tacoma campus, restaurants, shopping, and I-5, tenants enjoy exceptional convenience and accessibility. Sidewalks, public transportation, and a highly walkable location further enhance tenant appeal. Whether you're looking to expand your portfolio, owner-occupy while generating rental income, or capitalize on Tacoma's continued growth, this is a rare opportunity to own a versatile income property in one of the city's most sought-after redevelopment corridors.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2550841
Listed
July 7, 2026
Days on market
6
Price per sq ft
$325

Unit & building

Unit
A B C
Stories in building
2
Units in building
3

Parking

Covered spaces
3
Total spaces
3

Views

View
CityTerritorial

Construction

Year built
1910
Style
53 - Tri-plex
Structure
Triplex
Roof
CompositionTorch Down

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Flooring

Flooring
HardwoodVinylCarpet

Lot

Lot features
AlleyCurbsPavedSidewalk
Lot size
6,500 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Tacoma Public Utilities
Sewer
Tacoma Public Utilities
Power
Tacoma Public Utilities

Schools

District
Tacoma
Elementary
Travis
Middle
Hilltop Heritage Middle
High
Stadium

What stands out to you?

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

  • City
  • Territorial
  • Triplex
  • Composition
  • Torch Down
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Hardwood
  • Vinyl
  • Carpet

Listing history

  1. Listed

    $900,000

    July 7, 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

$5,241

Principal & interest
$4,551
Property tax (est.)
$690

Assumes $180,000 down (20%), a $720,000 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 11:15 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.