Listing provided courtesy of Upside PropertiesNWMLSMLS# NWM2447851MLS Provider
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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.

Source: NWMLS, MLS#: NWM2447851

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  • Property Type
    Residential Income
  • Lot
    0.34 acres

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  • Median Age
    40
  • Population Density
    3,205
  • College Educated
    50%
  • Estimated Median Income
    $97,106
  • Estimated Total Home Owners
    5,978
  • Estimated Total Renters
    1,927
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    3
  • Total Population
    21,732
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 6215 29th Street NE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/30/2025Source: NWMLS Added to Database
October 30, 2025
7/13/2023Source: NWMLS Status Change
Sold
6/23/2023Source: NWMLS Status Change
Pending
6/8/2023Source: NWMLS Status Change
Contingent