315 N L St

Tacoma, WA 98403
  • $1,425,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 4,008

    SqFt

About the Listing 5813 - 101699,97540

Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.

Listing Highlights

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® 2546564
Year Built 1910
Total Square Footage 4,008
Lot/Acreage 0.15
County Pierce
Neighborhood Stadium District
School District Tacoma

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces: 0
  • Floor: Ceramic Tile,Hardwood,Softwood,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Curbs,Paved,Sidewalk,Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • Garage Capacity: 5 car
  • Parking Spaces: 5
  • Roof: Composition,Metal
  • Others: Wood
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $9,178
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2033230040
  • Tax Year: 2025

Payment Calculator

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Questions About..

315 N L St Tacoma, WA 98403

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Originating MLS: nwmls

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Adam Wenzel

| Wenzel Homes | Fathom Realty

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