1021 N 5th Street Tacoma, WA $ 1,100,000
1021 N 5th Street
$ 1,100,000
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1021 N 5th Street

Tacoma, WA, 98403
$ 1,100,000
Baths0.0 Sq 4,799

Monthly Estimate*

$ 6,773

Listed by Windermere Abode
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View a Virtual Tour
Studio

Multi-Family Home for sale in Tacoma, WA

for $1,100,000. This 4,799 square foot home was built in 1905 on a lot size of 0.1722.

This stately property in Tacoma’s North Slope Historic District holds 4 units including a gracious main floor that’s a complete home in itself. Built by the Cornell Brothers who also built the Elks Temple and First Presbyterian, this is an opportunity to live in a home full of history and character with rental income for support. Open the front door from the wraparound porch into an apartment spanning the entire main level. Oak hardwoods and a rounded bay window bring beauty to the living room, while the dining room is replete with original millwork from box beam ceilings to paneled walls and built-ins. The commercial style, eat-in kitchen creates contrast with its concrete counters and SubZero fridge. With 2 bedrooms, a bonus room, 2 baths, and a back deck overlooking the garden, there’s room to live, work and host. The 2nd floor’s 1-bed, 1-bath units are both occupied and generating income. The basement studio is vacant. Updates include a new roof and exterior paint in 2025 and a new boiler in 2023. Near parks, pubs, cafes and light rail.

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Multi-Family Pending

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,606

Style

4-Plex

Lot Size

0.1722

Year Built

1905

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2517892

Features
General
Living Area 0
Sewer Sewer Connected
Heating Radiant Wall Furnace
Cooling None
Possession Closing
Roof Composition Flat
HOA Fee 0
Garage Spaces 1
Security Features Partially Fenced
Year Built 1905
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 66549
Insurance Expense 6269
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Tacoma
Special Listing Conditions None
Status Pending Inspection
Directions From Division Ave North on K St to N. 5th. The house is on the corner of N 5th and N K.
City Tacoma
Senior Community Y/N N
High School District Tacoma
Number Of Units Total 4
MLS Area 21 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 9606.96
Electric Expense 0
Fuel Expense 3267.96
Public Remarks This stately property in Tacomas North Slope Historic District holds 4 units including a gracious main floor thats a complete home in itself. Built by the Cornell Brothers who also built the Elks Tem
Leasable Area 3819
Virtual Tour https://player.vimeo.com/video/1189864514
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Basement Coin Op Laundry Storage
Water Company TPU
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 7216.35
Property Style 54 - 4-Plex
Cap Rate 6.05
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 3
Foundation Details Block Poured Concrete
Building Area Total 4799
Lot Size Acres 0.1722
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially Gas Available
Parking Uncovered Total 2
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Interior
Flooring Bamboo/Cork Hardwood Laminate Vinyl 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 NWM2517892
Street Number 1 1021
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* Excluded Features
List By
Michael Duggan

Listing Agent

Windermere Abode

Broker

Affordability Calculator

$7,573
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$1,100,000 Listed Price

Map


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1021 N 5th Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $1,100,000 with 4,799 sqft and a lot size of 0.1722. 1021 N 5th Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 98403 which is in Tacoma, WA