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Listed by: Patrick Buckley (253) 334-0285 | COMPASS (425) 242-6440
$1,425,000
Monthly Est:$7,093
8 Beds
4 Baths
4,008sqft
315 N L St, Tacoma, WA 98403
$1,425,000
$7,093/moEst:
Get Pre-Approved
Multi Family
Built in 1910
$-- HOA
6,500 sqft lot
$356/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 30, 2026 at 3:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2546564
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1910
HOA Fees
-
Finished Area
4,008 sqft
Lot Size
6,500 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2546564
MLS Status
Active
Days on Market
94
Cumulative Days on Market
94
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Flooring
Ceramic Tile, Hardwood, Softwood, Vinyl
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Forced Air
Cooling
None
Construction
Year Built
Year Built: 1910
Home type
Multi Family
Roof
Composition, Metal
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Stadium District
Price History
| Date | Event | Price |
|---|---|---|
06/29/2026 Source: | Listed for Sale | $1,425,000 +3.64% $356/sqft |
05/26/2022 Source: | Price Increased | $1,375,000 +150.00% $343/sqft |
07/28/2008 Source: | Sold | $550,000 $137/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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