Tacoma, WA 98404,1027 E 47th Street
Tacoma, WA 98404,1027 E 47th Street
Tacoma, WA 98404,1027 E 47th Street
Tacoma, WA 98404,1027 E 47th Street
Tacoma, WA 98404,1027 E 47th Street
Tacoma, WA 98404,1027 E 47th Street
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Nate Rawson

Nate Rawson

+1(509) 426-3266
Listed by 1 Percent Lists Tacoma Rachel Veary 
$ 795,000
Est. payment | /mo

5 Beds

4 Baths

2,724 SqFt

Save
$ 795,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,724 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,724 sqft

Price per Sqft $291

Subdivision East Tacoma

MLS Listing ID 2414509

Style 54 - 4-Plex

Bedrooms 5

Year Built 1912

Annual Tax Amount $6,489

Lot Size 6,250 Sqft

Property Sub-Type Multi Family

Property Description

Turn-key Owner-Occupy Opportunity - Live in your own detached cottage while collecting rental income on site! This property consists of a triplex in the main house plus a separate DADU cottage at the rear of the lot, creating an ideal house-hack setup where you can live privately while your rentals help offset the mortgage. The main house includes three units total: the lower level is Unit A, a spacious 3-bedroom/1-bath and the largest unit, while the upper level contains Unit B, a studio apartment, and Unit C, a 1-bedroom/1-bath apartment. The fourth unit, Unit D, is a 1-bedroom/1-bath + office DADU cottage with its own private fenced yard, fully separate from the main house. Entire property is fenced with alley access, keeping living areas and parking set back from street traffic. Unit B is newly furnished and ready for mid-term or furnished tenancy. The property has successfully operated as long-term, mid-term, and short-term rentals, offering flexibility for future ownership. The basement features approximately 9-foot ceilings with partial finish & storage rooms. Extensive improvements include full DADU remodel, updated units, newer appliances, new roof and gutters in 2024, tankless hot water system, full electrical replacement, new concrete, new front deck, and recent interior and exterior paint. Current income totals $6,700/month or $80,400/year with NOI of $64,827, 8.15% cap rate, GRM of 9.89, and annual expenses of approx. $15,573. Appraised Aug 2025 at $848,000+.

Location

State WA

County Pierce

Area 55 - Southeast Tacoma

Interior

Flooring Ceramic Tile, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Deck, Fenced-Fully, Gas Available, Outbuildings, Patio, RV Parking

View Y/N Yes

View Mountain(s), Partial, Territorial

Roof Type Composition

Building

Lot Description Alley, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Tacoma

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Stanley

    Public | PK - 5

  • 6

    Helen B. Stafford Elementary School

    Public | PK - 5

  • 6

    Waller Road Elementary School

    Public | KG - 6

  • 6

    Mann

    Public | PK - 5

  • 5

    Fern Hill

    Public | PK - 5

  • 5

    Harvard Elementary School

    Public | KG - 5

  • 5

    Lyon

    Public | PK - 5

  • 5

    Blix Elementary School

    Public | PK - 5

  • 5

    Bryant

    Public | PK - 8

  • 4

    Boze

    Public | PK - 5

  • 4

    Whitman

    Public | PK - 5

  • 3

    Sheridan

    Public | PK - 5

  • 2

    Birney

    Public | PK - 5

  • 2

    Lister

    Public | PK - 5

  • 2

    Roosevelt

    Public | PK - 5

  • 1

    Larchmont

    Public | PK - 5

  • 1

    Fawcett

    Public | KG - 5

  • 1

    Reed

    Public | PK - 5

  • 1

    McCarver

    Public | PK - 5

  • 0

    Faith Lutheran School

    Private | PK - 8

Middle Schools 4
  • 3

    Baker

    Public | 6 - 8

  • 3

    Stewart

    Public | 6 - 8

  • 2

    First Creek Middle School

    Public | 6 - 8

  • 2

    Angelo Giaudrone Middle School

    Public | 6 - 8

High Schools 12
  • 7

    Tacoma School of the Arts

    Public | 9 - 12

  • 4

    Lincoln

    Public | 9 - 12

  • 1

    Fresh Start

    Public | 9 - 12

  • 0

    Evergreen Lutheran High School

    Private | 9 - 12

  • 0

    Goodwill Ged

    Public | 9 - 12

  • 0

    Re-Engagement Center

    Public | 9 - 12

  • 0

    Bates Technical High School

    Public | 9 - 12

  • 0

    Tacoma Business Academy

    Public | 9 - 12

  • 0

    Tacoma Pierce County Education Center

    Public | 9 - 12

  • 0

    Alternative Spcl Needs Div Occ

    Public | 9 - 12

  • 0

    Community Based Trans Program

    Public | 11 - 12

  • 0

    Tcc Fresh Start

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Nate Rawson
Nate Rawson

Agent | License ID: 25007041

+1(509) 426-3266 | nate.rawson@outlook.com

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1027 E 47th Street