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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Brandon M Vukelich, Multifamily Properties

3,968
Square feet
$238
Per sq ft
Multi Family
Type
1977
Year built
10,251 sq ft
Lot
0
Days on market

About this property

*RARE UR-3 INVESTMENT + DEVELOPMENT OPP - EXISTING 4-PLEX ON 10,251 SF LOT* Perfect if you're looking for your first rental property or wanting to expand your current portfolio! This fourplex near Tacoma's North End features four spacious 3-bed, 1.5-bath units, each with full w/d + f/p. Units 1 & 4 remodeled (est $15k) AUG '26 & have been kept vacant for new owners, providing your chance to capture market rents & recapture w/s/g via RUBS. Target 6.25%+ CAP. House hackers, occupy one while the other 3 pay your mortgage. Fresh ext paint, newer water heaters, new flooring, int paint. The 3-bed floor plans are attractive to renters, appealing to groups of 4+ seeking more space without the cost of a home. Location is an advantage. Very convenient self-storage facility right next door. Great access to I-5, SR-16 & services, while remaining close to hip 6th Ave & downtown. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. A chance to acquire a 4plex with 3-bed units with immediate upside or owner-occupant flexibility are increasingly difficult to find in today's market. No HOA, clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

Location & commute

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Directions

Property details

Listing details

Listing number
#2573776
Listed
August 30, 2026
Days on market
0
Price per sq ft
$238

Unit & building

Unit
1-4
Stories in building
2
Units in building
4

Parking

Total spaces
5

Construction

Year built
1977
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
LaminateVinyl Plank

Lot

Lot features
AlleyDead End Street
Lot size
10,251 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?

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  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Laminate
  • Vinyl Plank
  • Alley
  • Dead End Street
  • Cash
  • Conventional
  • FHA

Listing history

  1. Listed

    $945,000

    August 30, 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

$5,503

Principal & interest
$4,778
Property tax (est.)
$725

Assumes $189,000 down (20%), a $756,000 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 August 30, 2026 at 9:46 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.