1027 E 47th Street

Tacoma, WA 98404

  • Bed

  • Bath

  • 2724 SqFt

  • 1 DOM

  • Built: 1912

  • Status: Active

$848,000

X

1027 E 47th Street

Tacoma 98404

$848000

  • Bed

  • Bath

  • 2724 SqFt

  • 1 DOM

  • Built: 1912

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Cash-Flow Machine for Investors! This 4-unit property (triplex + DADU) brings versatility, strong income, and serious upside. Appraised at $890K (Sept. 2024) with no rent control and no major repairs. Separately metered gas/electric, $6,950/mo income, and nearly $300K in updates over 10 years by contractor/owner. Newer roof, electrical, plumbing, interiors, & DADU gutted to studs. 9-ft ceiling basement = 5th unit potential. Ample parking, private fenced yards, and peekaboo Mt. Rainier views. Flexible rental options—proven success with long-term tenants, mid-term rentals via Furnished Finder, and short-term stays on Airbnb. This one delivers on every front. A rare find with instant equity, reliable returns, and room to grow!

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Residence Information

  • 2724

  • Composition

  • 54 - 4-Plex

  • 1912

  • Slab

  • Basement, See Remarks

Features and Utilities

  • Metal/Vinyl

  • Public

  • Sewer Connected

  • 0

Financial

  • 6489

  • Cash Out, Conventional, FHA, VA Loan

  • 07-30-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional, FHA, VA Loan

  • $848,000

  • $848,000

  • Jul 31, 2025 15:23

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of 1 Percent Lists.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 01, 2025 17:32 | Listing last modified Jul 31, 2025 15:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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