1027 E 47th Street, Tacoma, WA 98404
Multi-Family Home
Built in 1912
6,251sqft lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Sheridan Elementary School
5317 McKinley Ave, Tacoma, WA, 98404
Grades PK-5
0.44 miles away
First Creek Middle School
1801 E 56th St, Tacoma, WA, 98404
Grades 6-8
0.63 miles away
Lincoln High School
701 S 37th St, Tacoma, WA, 98418
Grades 9-12
1.37 miles away