Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Listing Firm: Windermere Professional Prtnrs: Brent Tornquist

Bought With: Windermere Mercer Island : Julie Wilson

SOLD On December 29, 2021
NWMLS # 1852817

$1,280,000

  • Sold Price
  • - Beds
  • - Baths
  • 5100 Sq.ft.

505 N L Street , Tacoma, WA 98403

Listings with the three tree icon are courtesy of NWMLS

About This Property

A rare opportunity to invest in a North Tacoma fourplex. Tons of original charm. Great curb appeal. Main floor is a large 2 bedroom unit with wood floors and gorgeous built ins. Floor two has a 2 bed unit plus a Studio apartment, both completely updated. Fresh paint, gleaming floors and amazing kitchens. The Basement has a common area for laundry and storage plus a beautiful 1 bed apartment. Even the two car garage has rental potential to hospital employees, current tenants or local residents. Currently garage is used for owner's personal storage. Fenced backyard has an entertaining patio and gardens. Overall, 6 off-street parking spaces, new exterior paint & roof. Potential of an easy 5+ cap rate. Easy access to Light Rail & Multicare.

Buyer's Agent: Julie Wilson • Windermere Mercer Island

Listed by: Brent Tornquist • Windermere Professional Prtnrs

Aris360 Last Checked: 1 Minute Ago (May 24, 2025 01:18 AM)

  • Source: NWMLS as Distributed by MLS Grid #1852817

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: L
  • Zip/Postal Code: 98403
  • City: Tacoma

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • North Tacoma
  • Community
    • 21 - North Tacoma
  • MLS Area
    • 21 - North Tacoma
  • Longitude
    • -122.458026
  • Latitude
    • 47.261377
  • Directions
    • From Division, Head North on N L Street to property on right.

  • Interior
    • Forced Air
    • Hardwood
    • Laminate
  • Floors
    • Hardwood
    • Laminate
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 6
  • Lot Description
    • Alley,
    • Curbs,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 2
  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 6500
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Natural Gas Available,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,

  • High School District
    • Tacoma

  • Possession
    • See Remarks,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $7495
  • Year Built
    • 1922
  • Effective Year Built
    • 1959
  • Status
    • Sold

Recently Listed Properties In Tacoma, 98403

Sold
Sold — New Owner Found!

$ 760,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1416 sq. ft
Sold
Sold — New Owner Found!

$ 925,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2776 sq. ft
Sold
Sold — New Owner Found!

$ 595,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1617 sq. ft
Sold
Sold — New Owner Found!

$ 299,950

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 864 sq. ft

Similar Properties In Tacoma, 98403

Sold
Sold — New Owner Found!

$ 2,200,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 6295 sq. ft
Sold
Sold — New Owner Found!

$ 1,577,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 3882 sq. ft
Sold
Sold — New Owner Found!

$ 240,000

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 1 Beds
  • 1 Baths
  • 516 sq. ft
Sold
Sold — New Owner Found!

$ 905,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 1 Baths
  • 1820 sq. ft

Recently Viewed Properties In Tacoma, 98403

Sold
Sold — New Owner Found!

$ 760,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1416 sq. ft
Sold
Sold — New Owner Found!

$ 925,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2776 sq. ft
Sold
Sold — New Owner Found!

$ 595,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1617 sq. ft
Sold
Sold — New Owner Found!

$ 299,950

  • Property Category:
  • Multi Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 864 sq. ft

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Sat May 24 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

May 24, 2025 01:18 AM