6215 29th Street NE

Tacoma, WA 98422

  • Bed

  • Bath

  • 4344 SqFt

  • 170 DOM

  • Built: 1996

  • Status: Active

$1,250,000

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6215 29th Street NE

Tacoma 98422

$1250000

  • Bed

  • Bath

  • 4344 SqFt

  • 170 DOM

  • Built: 1996

  • Status: Active

Srinivas Kasam

CEO & Founder

(650)533-3259

Well-positioned investment property located in the desirable Browns Point area of Northeast Tacoma. With Units B & C rented and stabilized, Unit A has recently been vacated and prepped for new tenants. This triplex features generously proportioned units at ~1450 sq.ft. each and has delivered consistent cash flow at a 5.8% capitalization rate. Comprehensive recent improvements include luxury vinyl plank flooring, updated interior and exterior paint, stainless steel appliance packages, in-unit washer and dryer hookups, quartz countertops, and tile finishes. All three units offer ground-level entry, individual fenced outdoor spaces, and allocated parking with two designated spaces per unit. The property comprises two 4-bedroom, 2-bathroom units and one 5-bedroom, 2-bathroom unit, offering diverse rental market appeal. This is a well-maintained asset offering immediate cash flow alongside strong appreciation prospects in a premier Tacoma residential location.

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