Property Attributes
- ID#2520517
- TypeMulti-Family
- CountyPIERCE
- CityTacoma
- AreaCentral Tacoma
- NeighborhoodHilltop
- Zip98405
- Style4-Plex
- Year Built1901
- Taxes$ 6586
- Price$ 979,999
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3435
- Lot Size0.0746 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.
| Price History | |
|---|---|
| 5/8/2026 | Listed $1,049,000 |
| 5/22/2026 | 5$999,999 |
| 6/2/2026 | 3$979,999 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Wall Furnace |
| Cooling | Window Unit(s) |
| Possession | Negotiable |
| Roof | Composition |
| Security Features | Fully Fenced |
| Year Built | 1901 |
| View | City,Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | Pierce |
| Net Operating Income | 80500 |
| Insurance Expense | 5666 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Hilltop |
| Special Listing Conditions | None |
| Status | Active |
| Directions | I-5 Exit 133 towards I-705 North,exit city center exit,keep left onto South 15th. Right on South I St. Home is on Left |
| City | Tacoma |
| Senior Community Y/N | No |
| High School District | Tacoma |
| Number Of Units Total | 4 |
| MLS Area | 28 - Central Tacoma |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3250 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA |
| Tax Annual Amount | 6586 |
| Electric Expense | 15197 |
| Public Remarks | Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished,and the |
| Leasable Area | 3435 |
| Structure Type | Quadruplex |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | TPU |
| Units Below Grade | false |
| Units In Building Total | 4 |
| Property Style | 54 - 4-Plex |
| Cap Rate | 8 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Ceramic Tile,Vinyl Plank,Carpet |
|---|---|
| Total Stories | 3 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Water Source | Public |
| Foundation Details | Block,Poured Concrete |
| Building Area Total | 3435 |
| Lot Size Acres | 0.0746 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Deck,Fenced-Fully,High Speed Internet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98405
In The Neighborhood
Tacoma
$ 445,000
- Type
- Multi-Family | Active
- Size
- 1,699 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: 5 Star Property Management
Tacoma
$ 550,000
- Type
- Multi-Family | Active
- Size
- 2,109 SqFt
- Rooms
- 4 Beds + 4 Baths
Listed by: Goldhouse Realty
Tacoma
$ 540,000
- Type
- Multi-Family | Active
- Size
- 1,996 SqFt
- Rooms
- 4 Beds + 4 Baths
Listed by: Meridian Real Estate Group
Tacoma
$ 545,000
- Type
- Multi-Family | Active
- Size
- 2,679 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Meridian Real Estate Group
Colorado Springs
$ 699,000
- Type
- Multi-Family
- Size
- 3,200 SqFt
- Rooms
- 8 Beds + 8 Baths
Cushman & Wakefield #5015752
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating