1027 E 47th Street Tacoma, WA $ 848,000
1027 E 47th Street
$ 848,000
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1027 E 47th Street

Tacoma, WA, 98404
$ 848,000
Baths0.0 Sq 2,724

Monthly Estimate*

$ 5,290

Listed by 1 Percent Lists Tacoma
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Studio

Multi-Family Home for sale in Tacoma, WA

for $848,000. This 2,724 square foot home was built in 1912 on a lot size of 0.1435.

Cash-Flow Machine for Investors! This 4-unit property (triplex + DADU) brings versatility, strong income, and serious upside. Clean appraisal at $890K (Sept. 2024) available upon request, no rent control and no major repairs. Separately metered gas/electric, $6,650/mo income, and nearly $300K in updates over 10 years by contractor/owner. Newer roof, electrical, plumbing, interiors, & DADU recently updated throughout. 9-ft ceiling basement = 5th unit potential. Ample parking, private fenced yards, Mt Rainier views. Flexible rental options—proven success w/long-term tenants, mid-term rentals via Furnished Finder, and short-term stays on Airbnb. This one delivers on every front. A rare find w/instant equity, reliable returns, and room to grow!

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Multi-Family Pending

Price

$ 848,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,489

Style

4-Plex

Lot Size

0.1435

Year Built

1912

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2414509

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Fully Fenced
Year Built 1912
View Mountain(s) Partial Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Mcgregors 2nd add
County Pierce
Net Operating Income 64227
Insurance Expense 3084
New Construction N
Property Type Residential Income
HOA N
Subdivision Name East Tacoma
Possible Use Multi-Family
Special Listing Conditions None
Status Pending Inspection
Directions From E McKinley Ave turn east on E 47th St. Property is on your left.
High School Buyer To Verify
City Tacoma
Senior Community Y/N N
High School District Tacoma
Zoning Description Multi-Family
Open Parking Spaces 10
Number Of Units Total 4
MLS Area 55 - Southeast Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 6250
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 6489
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Cash-Flow Machine for Investors! This 4-unit property (triplex + DADU) brings versatility strong income and serious upside. Clean appraisal at $890K (Sept. 2024) available upon request no rent contro
Leasable Area 2724
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Basement See Remarks Storage
Water Company Public
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 6000
Property Style 54 - 4-Plex
Cap Rate 7.57
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Exterior
Exterior Amenities Metal/Vinyl
Parking Features RV Parking
Lot Features Alley Paved
Water Source Public
Total Parking 10
Foundation Details Slab
Building Area Total 2724
Lot Size Acres 0.1435
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Gas Available Outbuildings Patio RV Parking
Parking Uncovered Spaces 10
Lot Number 35 - 36
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Interior
Flooring Ceramic Tile Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2414509
Street Number 1 1027
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* Excluded Features
List By
Rachel Veary

Listing Agent

1 Percent Lists Tacoma

Broker

Affordability Calculator

$5,831
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,290
Monthly Property Taxes
$541
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100453 Elementary School
3100781 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2025$848,000 Listed Price

Map


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1027 E 47th Street, Tacoma, WA, 98404 is a Multi-Family Home for sale at $848,000 with 2,724 sqft and a lot size of 0.1435. 1027 E 47th Street is a studio with 0.0 baths and was built in 1912. The property's zip code is 98404 which is in Tacoma, WA