$945,000
1101 Woodlawn Street #1-4
Tacoma, WA 98465
Beds
—
Baths
—
Sq Ft
—
Lot
0.24 ac
Year built
1977
Type
Residential Income
Days listed
3
MLS #
2573776
About this home
*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.
Exterior features
Schools
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify
Property details
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Laminate, Vinyl Plank
- Lot
- Alley, Dead End Street
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $9,978 (2026)
Estimate your monthly payment
$5,610/mo
- Principal & interest
- $4,778
- Property taxes
- $832
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Tacoma, WA 98465
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Multifamily Properties— Brandon M Vukelich.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.