LOCATION, LOCATION, LOCATION, Prime Corner Lot - North Tacoma - R2 Zoning with Pre Approved DADU plans
We have an assignable contract available to purchase.
Go to foursquaredeals.net to see our other deals/inventory. You can also view our sold deals for reference.
Excellent investment opportunity in Tacoma’s highly desirable North End. Zoned R2, this corner lot with alley access offers prime potential for a Detached Accessory Dwelling Unit (DADU), making it perfect for rental income or multi-unit development. See attached pre-approved DADU plans. The main structure features vaulted ceilings with ceiling fans, recessed lighting, and a detached two-car garage. Ample parking includes both driveway and street options. With strong rental demand and flexible R2 zoning, this property is a standout addition to any investor’s portfolio.
SUGGESTED STARTING PRICE: 399,000 (assignment included)
ARV: 800,000+
PERFECT FOR - DADU Addition, Portfolio Addition
ARV Comps:
4923 N 25th St Tacoma WA 98406 - Pending 550K
4817 N 30th St Tacoma WA 98406 - Sold 450K - 3/13/25
4817 N 30th St Tacoma WA 98405 - Sold 449K - 3/3/25
4413 N 21st St Tacoma WA 98406 - Sold 420K - 12/5/24
4424 S 7th St Tacoma WA 98405 - Sold 501K - 11/25/24
4510 N 24th St Tacoma WA 98406 - Sold 470K - 10/31/24
4015 N 18th St Tacoma WA 98406 - Sold 475K - 8/1/24
Buy & Hold
Rental Comps:
1424B S Monroe St Tacoma WA 98405 - Rent 2100/mo.
908 S Adams St Tacoma WA 98405 - Rent 2500/mo.
PROPERTY OVERVIEW
1 bedrooms
1 bathrooms
681 sq. ft.
Lot size 5,998 sq ft
Built in 1948
Zoning R2
PROPERTY DETAILS
Exterior: Maintained
Roof: 15 years old
Landscape: Maintained
Windows: Double pane
Utilities: City water and sewer
Plumbing: Functional
Electric: Updated breaker box and wiring
Foundation: No issues
HVAC: Furnace is 4 years old
Kitchen: Maintained and functional
Bathrooms: Maintained and functional
Garage: Detached 2 car garage
ADDITIONAL INSIGHTS
Natural gas hookup at the house, vaulted ceilings, recessed lighting
Occupancy: Owner occupied - schedule showing with Tiki
PLEASE CALL TIKI TO SCHEDULE SHOWINGS
(209) 409-4355
TENTATIVE CLOSE DATE ON OR BEFORE JUNE 27, 2025
WATCH THE WALK THROUGH VIDEO BELOW
4521 N 18th St Tacoma WA 98406
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