6215 29th Street NE, Tacoma, WA 98422

Courtesy of Upside Properties

$1,250,000
4,344
SqFt

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List Price
$1,250,000
Status
ACTIVE
Days on Market
266
MLS#
2447851
Subtype
Residential Income
Style
53 - Tri-plex
Year Built
1996
Living Area
4,344
Lot Size
14,875
Acres
0.34
Subdivision
Browns Point
Neighborhood
Browns Point
MLS Area Major
Browns Point

Property Description

Well-positioned investment property located in the desirable Browns Point area of Northeast Tacoma. With Units B & C rented and stabilized, Unit A has recently been vacated and prepped for new tenants. This triplex features generously proportioned units at ~1450 sq.ft. each and has delivered consistent cash flow at a 5.8% capitalization rate. Comprehensive recent improvements include luxury vinyl plank flooring, updated interior and exterior paint, stainless steel appliance packages, in-unit washer and dryer hookups, quartz countertops, and tile finishes. All three units offer ground-level entry, individual fenced outdoor spaces, and allocated parking with two designated spaces per unit. The property comprises two 4-bedroom, 2-bathroom units and one 5-bedroom, 2-bathroom unit, offering diverse rental market appeal. This is a well-maintained asset offering immediate cash flow alongside strong appreciation prospects in a premier Tacoma residential location.

Additional Information

Exterior Features
Wood
Property Description
53 - Tri-plex
Flooring
Vinyl Plank
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
Territorial
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