1412 N Adams Street Tacoma, WA 98406
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Professional Partners / Anders Ibsen

  1412 N Adams Street Tacoma, WA 98406

Active (18 Days)
$950,000

Description

New price - motivated seller! Listing is related to a tax-deferred exchange. Cash-flowing monster, just two blocks from the University of Puget Sound! This fully-occupied property offers exceptional rental potential. Basically - you're getting fourplex rents of over $7,100 per month with this property, but at an amazing price. With three full kitchens and separate entrances for each floor, this layout is ideal for maximizing income. Enjoy strong cash flow, consistent occupancy, and high tenant demand in one of Tacoma’s most desirable rental markets - a short drive away from 6th Avenue, the Proctor District, Point Defiance, and Ruston Way. Virtually no vacancy. A rare chance to own a high-performing asset in a prime location. Don’t miss it!

MLS #:
2374639
Taxes
$7,985(2025)
Lot Size
6,037 SQFT
Type
Multifamily
Year Built
1905
Style
Duplex
School District
Tacoma
County
Pierce County
Community
Ups

Listed By

Anders Ibsen, Windermere Professional Partners
Source
Northwest MLS as distributed by MLS Grid
Last checked Jun 1 2025 at 5:51 AM PDT
Bathroom Details
Interior Features
  • Ceramic Tile
Subdivision
  • Ups
Lot Information
  • Curbs
  • Paved
  • Sidewalk
  • Value In Land
Property Features
  • Fenced-Partially
  • High Speed Internet
  • Patio
  • Fireplace: 0
Heating and Cooling
  • Ductless
  • Forced Air
Flooring
  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Vinyl Plank
  • Carpet
Exterior Features
  • Wood
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
School Information
  • Elementary School: Jefferson
  • Middle School: Mason
  • High School: Stadium
Additional Listing Info
  • Buyer Brokerage Compensation: See comments
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 30, 2025
Price Changed
$950,000
-3%
-25,000
May 18, 2025
Price Changed
$975,000
-3%
-25,000
May 13, 2025
Original Price
$1,000,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 5/31/25 22:51. 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.