403 N M, Tacoma, WA 98403

Tacoma
Local realty services provided by:Knipe Realty ERA Powered
Listed by: jeff jensen
Office: keller williams rty tacoma
MLS#:2477466
Source:NWMLS
403 N M,Tacoma, WA 98403
$1,495,000
  • - Beds
  • - Baths
  • 4,218 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$354.43

About this home

Nearly new and fully rented, this turnkey 4-plex is available for the first time since construction. Located in one of North Tacoma’s most sought-after neighborhoods, the property sits just half a block from Tacoma General Hospital, minutes from major freeways, and close to the scenic Tacoma Waterfront. Perfectly positioned for urban living, the property is also just moments from the vibrant 6th Avenue District — known for its award-winning restaurants, nightlife, and local gathering spots. This prime location makes it especially attractive to traveling nurses, medical professionals, and homebuyers in transition. Clean, modern, and truly turnkey, this low-maintenance investment offers immediate cash flow and strong upside potential. Eligible for condominium conversion, it presents an exceptional opportunity for investors seeking to maximize returns with a nearly new, hassle-free multiplex in a high-demand rental corridor.

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Home facts

  • Year built:2005
  • Listing ID #:2477466
  • Updated:March 12, 2026 at 04:43 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl Floor
  • Living area:4,218 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:2005
  • Building area:4,218 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck

Schools

  • High school:Stadium
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$354.43
  • Tax amount:$11,868 (2025)

Parking

  • Carport spaces:6
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