1027 E 47th Street new to site Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98404
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,724 sqft
Price per Sqft $311
Subdivision East Tacoma
MLS Listing ID 2414509
Style 54 - 4-Plex
Bedrooms 5
Year Built 1912
Annual Tax Amount $6,489
Lot Size 6,250 Sqft
Property Sub-Type Multi Family
Property Description
Cash-Flow Machine for Investors! This 4-unit property (triplex + DADU) brings versatility, strong income, and serious upside. Appraised at $890K (Sept. 2024) with no rent control and no major repairs. Separately metered gas/electric, $6,950/mo income, and nearly $300K in updates over 10 years by contractor/owner. Newer roof, electrical, plumbing, interiors, & DADU gutted to studs. 9-ft ceiling basement = 5th unit potential. Ample parking, private fenced yards, and peekaboo Mt. Rainier views. Flexible rental options—proven success with long-term tenants, mid-term rentals via Furnished Finder, and short-term stays on Airbnb. This one delivers on every front. A rare find with instant equity, reliable returns, and room to grow!
Location
State WA
County Pierce
Area 55 - Southeast Tacoma
Interior
Flooring Ceramic Tile,Vinyl,Vinyl Plank,Carpet
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Deck,Fenced-Fully,Gas Available,Outbuildings,Patio,RV Parking
View Y/N Yes
View Mountain(s),Partial,Territorial
Roof Type Composition
Building
Lot Description Alley,Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan