Three separate unitsThree garage spacesConvenient alley access
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.
17 days
|
296
|
9
|
Zillow last checked:
Listing updated:
Listed by:
Matthew W. Hodge,
John L. Scott Woodinville
Source: NWMLS as distributed by MLS GRID,MLS#: 2550841
Zoning description: Residential,Jurisdiction: City
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Tri-plex
Property subtype: Triplex, Multi Family
Materials
Wood Siding
Foundation: Poured Concrete
Roof: Composition,Torch Down
Condition
Good
Year built: 1910
Major remodel year: 1970
Utilities & green energy
Electric: Company: Tacoma Public Utilities
Sewer: Sewer Connected, Company: Tacoma Public Utilities
Water: Public, Company: Tacoma Public Utilities
Community & HOA
Community
Subdivision: New Tacoma
Location
Region: Tacoma
Financial & listing details
Price per square foot: $325/sqft
Annual tax amount: $6,538
Date on market: 7/7/2026
Cumulative days on market: 18 days
Listing terms: Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$878,300
Estimated sales range
$834,000 - $922,000
Rent Zestimate®
$2,420/mo
Price history
Date
Event
Price
7/7/2026
Listed for sale
$900,000$325/sqft
Source: NWMLS as distributed by MLS GRID #2550841Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.