1101 S Woodlawn ST #1-4, Tacoma, WA 98465
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1101 S Woodlawn ST #1-4, Tacoma, WA 98465
1101 S Woodlawn ST #1-4, Tacoma, WA 98465
1101 S Woodlawn ST #1-4, Tacoma, WA 98465
1101 S Woodlawn ST #1-4, Tacoma, WA 98465
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Mike Stover

Mike Stover

+1(206) 999-7065
Listed by:Multifamily Properties • Brandon M Vukelich
$ 945,000
Est. payment /mo
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1101 S Woodlawn ST #1-4 Tacoma, WA 98465

12 Beds

8 Baths

3,968 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,968 sqft

Price per Sqft $238

Subdivision Tacoma

MLS Listing ID 2573776

Style 54 - 4-Plex

Bedrooms 12

Year Built 1977

Annual Tax Amount $9,978

Lot Size 10,251 Sqft

Lot Dimensions 10251

Property Sub-Type Multi Family

Property Description

*RARE UR-3 INVESTMENT + DEVELOPMENT OPP - EXISTING 4-PLEX ON 10,251 SF LOT* Perfect if you're looking for your first rental property or wanting to expand your current portfolio! This fourplex near Tacoma's North End features four spacious 3-bed, 1.5-bath units, each with full w/d + f/p. Units 1 & 4 remodeled (est $15k) AUG '26 & have been kept vacant for new owners, providing your chance to capture market rents & recapture w/s/g via RUBS. Target 6.25%+ CAP. House hackers, occupy one while the other 3 pay your mortgage. Fresh ext paint, newer water heaters, new flooring, int paint. The 3-bed floor plans are attractive to renters, appealing to groups of 4+ seeking more space without the cost of a home. Location is an advantage. Very convenient self-storage facility right next door. Great access to I-5, SR-16 & services, while remaining close to hip 6th Ave & downtown. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. A chance to acquire a 4plex with 3-bed units with immediate upside or owner-occupant flexibility are increasingly difficult to find in today's market. No HOA, clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

Location

State WA

County Pierce

Area 31 - West Tacoma

Interior

Flooring Laminate, Vinyl Plank

Fireplace false

Exterior

Exterior Feature Brick, Wood

Amenities Available Cable TV

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Dead End Street

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

Senior Community No

Acceptable Financing Cash, Conventional, FHA, See Remarks, VA Loan

Listing Terms Cash, Conventional, FHA, See Remarks, VA Loan

Virtual Tour https://drive.google.com/file/d/11dM0ay4FqicDkqFfOU6AxLUWxIFvCJz7/view?usp=sharing

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Mike Stover

Mike Stover

Broker

+1(206) 999-7065

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1101 S Woodlawn ST #1-4