1101 S Woodlawn Street #1-4, Tacoma, WA 98465
Local realty services provided by:Knipe Realty ERA Powered
Listed by: brandon m vukelich
Office: multifamily properties
MLS#:2573776
Source:NWMLS
Price summary
- Price:$945,000
- Price per sq. ft.:$238.16
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....
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Home facts
- Year built:1977
- Subdivision & Development:Tacoma
- Listing ID #:2573776
- Updated:September 06, 2026 at 11:43 AM
Rooms and interior
- Flooring:Laminate, Vinyl Plank
- Living area:3,968 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1977
- Building area:3,968 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Alley, Dead-end Street
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$945,000
- Price per sq. ft.:$238.16
- Tax amount:$9,978 (2026)
Features and amenities
- Amenities:Cable TV
- Smart home:Yes
Parking
- Total parking spaces:5
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