Stadium District Homes with 53 - Tri-plex Style

Welcome to the vibrant Stadium District of Tacoma, Washington—a neighborhood that beautifully blends history, culture, and modern living. Nestled near the iconic Stadium High School, this area is renowned for its stunning architecture, tree-lined streets, and a close-knit community atmosphere that makes it feel like home.

The Stadium District offers a unique charm, with an array of local shops, cafes, and restaurants that cater to every taste. Whether you’re enjoying a leisurely brunch at a cozy café or exploring the eclectic boutiques, the neighborhood is brimming with character and inviting spaces. Residents appreciate the proximity to Wright Park, where lush greenery and walking paths provide a perfect escape from the urban hustle.

For those considering a home in this delightful area, the Stadium District features a variety of housing options, including tri-plex style homes. These multi-family residences offer a unique opportunity for homeowners and investors alike, providing the perfect balance of privacy and community living. With spacious layouts, modern amenities, and the potential for rental income, tri-plex homes are an excellent choice for those looking to make a smart investment or find a comfortable place to call home.

The Stadium District is not just a place to live; it’s a lifestyle filled with community events, art walks, and a strong sense of belonging. With its rich history and vibrant future, this neighborhood is truly a gem in Tacoma, making it an ideal choice for anyone looking to embrace the Pacific Northwest way of life. Discover your perfect home in the Stadium District today!

Newest Stadium District Homes with 53 - Tri-plex Style

$619,999

2562234 MLS ⋅ ACTIVE Status

Exceptional turnkey investment opportunity in the heart of Downtown Tacoma near Wright Park! Fully renovated, this property functions as a tri-plex while maintaining its legal duplex status, offering two spacious 3-bedroom units, plus a finished lower-level 2-bedroom unit for additional income potential. All three units have been extensively updated and are currently vacant, providing flexibility for investors seeking market rents or owner-occupants looking to offset their mortgage with rental income. Three separate electric meters allow tenants to pay their own electricity, helping reduce operating expenses. The property also offers outstanding future upside with potential to construct a Detached Accessory Dwelling Unit (DADU) in the rear yard, creating the opportunity for a 4th additional income-producing unit. A freshly improved backyard, alley access, and three dedicated parking spaces further enhance the property's functionality and appeal. Located amongst major hospitals, medical facilities, transit, the Tacoma Link light rail, downtown Tacoma, and major commuter routes, this is an ideal location for healthcare professionals, commuters, and long-term tenants alike. A rare opportunity to acquire a move-in-ready investment property with immediate cash flow potential and future development possibilities. Buyer to verify all redevelopment, zoning, and DADU potential. Approx. 11.6% cap rate, $84,000 gross annual income, and $7,000/month in rental income.

615 Martin Luther King Jr Way, Tacoma

Listing courtesy of 1 Percent Lists Tacoma.

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