Nearly new and fully rented, this turnkey 4-plex is available for the first time since construction. Located in one of North Tacoma’s most sought-after neighborhoods, the property sits just half a block from Tacoma General Hospital, minutes from major freeways, and close to the scenic Tacoma Waterfront. Perfectly positioned for urban living, the property is also just moments from the vibrant 6th Avenue District — known for its award-winning restaurants, nightlife, and local gathering spots. This prime location makes it especially attractive to traveling nurses, medical professionals, and homebuyers in transition. Clean, modern, and truly turnkey, this low-maintenance investment offers immediate cash flow and strong upside potential. Eligible for condominium conversion, it presents an exceptional opportunity for investors seeking to maximize returns with a nearly new, hassle-free multiplex in a high-demand rental corridor.
Sold
Listed by: Keller Williams Rty Tacoma • Jeff Jensen
Bought with: Redfin
$1,341,500
403 N M, Tacoma, WA 98403
8beds
4baths
4,218sqft
Quadruplex
Built in 2005
-- sqft lot
$1,336,400 Zestimate®
$318/sqft
$1,819 Estimated rent
Home value
$1,336,400
$1.26M - $1.42M
$1,819/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jeff Jensen,
Keller Williams Rty Tacoma
Bought with:
Leah Kennedy, 113930
Redfin
Source: NWMLS as distributed by MLS GRID,MLS#: 2477466
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,218
- Total interior livable area: 4,218 sqft
Property
Parking
- Total spaces: 6
- Carport spaces: 6
- Uncovered spaces: 6
Lot
- Size: 6,499 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck
Details
- Parcel number: 2034250051
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2005
- Major remodel year: 2007
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: North Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $318/sqft
- Annual tax amount: $11,868
- Date on market: 5/9/2026
- Cumulative days on market: 22 days
- Listing terms: Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | $1,341,500-10.3%$318/sqft |
Source:  NWMLS as distributed by MLS GRID #2477466 Report a problem | ||
| 3/26/2026 | Pending sale | $1,495,000$354/sqft |
Source: NWMLS as distributed by MLS GRID #2477466 Report a problem | ||
| 3/4/2026 | Listed for sale | $1,495,000$354/sqft |
Source: NWMLS as distributed by MLS GRID #2477466 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: North End
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Nearby schools
GreatSchools rating
- 7/10Grant Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Hilltop Heritage Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Stadium High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- High: Stadium
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,336,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,336,400
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