Tacoma, WA 98422 1601 Norpoint Way NE
$1,350,000
15 more
Presented By: Keller Williams Rty Tacoma and NWMLS
- MLS# 2436465
- 09/24/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 6,720
Home Details
Prime NE Tacoma 4-Plex Investment Opportunity! Don’t miss this chance to acquire a well-maintained 4-plex in the heart of Northeast Tacoma, centrally located between Federal Way and Downtown Tacoma. This property offers two spacious 3-bedroom 2- bath units (approx. 1,760 sq. ft. each) and two large 2-bedroom 2- bath units (approx. 1,600 sq. ft. each)—each with dedicated parking space, a private garage and upper units have private balconies. This is a true value-add opportunity with upside potential through rent increases to market levels and the ability to implement utility bill-backs. A solid investment for seasoned owners or those looking to expand their portfolio in a desirable, high-demand rental market.
Presented By: Keller Williams Rty Tacoma and NWMLS
Interior Features for 1601 Norpoint Way NE
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 1601 Norpoint Way NE
Building Area UnitsSquare Feet
Cap Rate4.5
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsPlease use GPS
Electric Expense1
Fuel Expense1
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictTacoma
Insurance Expense3509
Leasable Area6720
Listing TermsCash Out, Conventional
Lot Size Square Feet9110
Lot Size UnitsSquare Feet
MLS Area94 – Browns Point
ModificationTimestamp2025-09-25T18:06:12.292Z
NWM_ShowMapLinkY
Net Operating Income61437
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
PossessionClosing
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPrime NE Tacoma 4-Plex Investment Opportunity! Dont miss this chance to acquire a well-maintained 4-plex in the heart of Northeast Tacoma, centrally located between Federal Way and Downtown Tacoma. Th
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameNe Tacoma
Tax Annual Amount12226
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyTacoma
Water Sewer Garbage7800
Year Built1984
Zoning DescriptionMulti-Family
Exterior for 1601 Norpoint Way NE
Building Area Total6720
Covered Spaces4
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Size Acres0.2091
Parking Uncovered Spaces4
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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