$945,000
Est. $4,883/mo1101 S Woodlawn Street #1-4, Tacoma, WA 98465
• Listed 2026-08-30•4 days on market
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*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.
Listed by Brandon M Vukelich • Multifamily Properties
Listing updated: August 31, 2026 at 09:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2573776
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1101 S Woodlawn Street #1-4, Tacoma, WA 98465
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Tacoma is a strong seller's market.
Inventory is very low and competition is fierce. Sellers have significant negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 6 days.
$575,000 Sold
4 days ago
4 bd•2 ba•~1,344 sq ft•Single Family
1344 S Woodlawn Street, Tacoma, WA 98465
0%
Over list
—
Days on market
0.2 mi
Distance
$525,000 Sold
1 week ago
3 bd•2 ba•~1,869 sq ft•Single Family
1708 S Visscher Street, Tacoma, WA 98465
0%
Over list
—
Days on market
0.5 mi
Distance
$705,950 Sold
1 week ago
2 bd•2 ba•~1,669 sq ft•Single Family
7276 Rosemount Circle, Tacoma, WA 98465
2%
Under list
—
Days on market
1.0 mi
Distance
$2,470 Sold
1 week ago
3 bd•1 ba•Single Family
1613 S Winnifred Street, Tacoma, WA 98465
0%
Over list
—
Days on market
0.4 mi
Distance
$440,000 Sold
2 weeks ago
2 bd•1 ba•~746 sq ft•Single Family
808 S Hawthorne Street, Tacoma, WA 98465
2%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
Tacoma School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.