$848,000

1027 E 47th Street, Tacoma, WA 98404

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon6,251sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

This listing courtesy of Rachel Veary, 1 Percent Lists

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!

Listing Status:
Active
Listing Office:
1 Percent Lists : 253-459-0235
Listing Agent:
Rachel Veary : 253-459-0235
MLS ID:
2414509
  • Flooring: Ceramic TileVinylVinyl PlankCarpet
  • A/C: None
  • Heating: BaseboardForced AirWall Unit(s)
  • Fireplace: Fireplaces: 0

This listing courtesy of Rachel Veary, 1 Percent Lists

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sheridan Elementary School

5317 McKinley Ave, Tacoma, WA, 98404

Grades PK-5

0.44 miles away

F

First Creek Middle School

1801 E 56th St, Tacoma, WA, 98404

Grades 6-8

0.63 miles away

L

Lincoln High School

701 S 37th St, Tacoma, WA, 98418

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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