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$1,250,000
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Property Description
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.) and two large 2-bedroom 2- bath units (approx. 1,600 sq. ft.)-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. Perfect for owner occupancy.
Full Property Details
Full Property Details for 1601 Norpoint Way NE
General
- Sold For: $1,250,000
- Taxes: $12,226 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2436465
- Added to Site: 116 day(s) ago
Interior
- Flooring: Vinyl, Carpet
Parking
- Garage Spaces: 4
- Uncovered Spaces: 4
Location
- Area: 94 - Browns Point
- County: Pierce
- Subdivision: Ne Tacoma
- Driving Directions: Please use GPS
School Information
- High School District: Tacoma
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 6,720
- Year Built: 1984
- Property Condition: Very Good
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.2091
- Lot Size (Sq. Ft.): 9,110
- Lot Size Source: Realist
- Lot Features: Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $12,226
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 321238018
Listed by Brian Thayer | Keller Williams Rty Tacoma | (253) 460-8640
Sold by Cheri Westphal | CW Realty Group
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Schools
Schools serving 1601 Norpoint Way NE
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Crescent Heights Elementary School 4110 Nassau Avenue Northeast, Tacoma, WA 98422 | PK-5 | 1 mi |
Meeker Middle School, Tacoma, WA 4402 Nassau Avenue Northeast, Tacoma, WA 98422 | 6-8 | 1.1 mi |
Stadium High School 111 North E Street, Tacoma, WA 98403 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1601 Norpoint Way NE
Date
Details
Price
Change
Source
1/12/2026
Sold
$1,250,000
-3.85%
MLS
11/06/2025
Price Reduced
$1,300,000
-3.7%
MLS
9/24/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1601 Norpoint Way NE, Tacoma, WA 98422 (MLS# 2436465) is a Multi-Family property that was sold at $1,250,000 on January 12, 2026. Want to learn more about 1601 Norpoint Way NE? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

