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$1,450,000

  • For Sale
  • Active
  • Multi-Family

Listed by Patrick Buckley | Compass | (425) 242-6440

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A remarkable Four-plex opportunity featuring two 3-bed, 1-bath units & two 1-bed, 1-bath units, each adorned with covered porches, gas forced air heat, hardwood, fir floors & original charming built-ins. Three units boast updated kitchens with stainless appliances and newer cabinetry. Recent system upgrades encompass a new water supply line, all new supply plumbing, a new sewer line, 2 new 80-gallon water heaters and a new furnace. Additionally, the property includes a 5-bay garage off the alley, a fully fenced back yard, and an unfinished basement with shared laundry, open storage, and 4 individual storage units. Significant upside potential by renting the garages. Easy access to new light rail, Wright Park, and the medical center.

Full Property Details for 315 N L St

General

  • Price: $1,450,000
  • Taxes: $9,178 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2401666
  • Updated: 8/30/2025
  • Added to Site: 201 day(s) ago

Interior

  • Flooring: Ceramic Tile, Hardwood, Softwood, Vinyl

Additional Information

  • Amenities: Cable TV, Fenced-Partially, Gas Available, High Speed Internet
  • Security/Safety: Partially Fenced

Parking

  • Covered Spaces: 5

Location

  • Area: 20 - North Tacoma
  • County: Pierce
  • Subdivision: Stadium District
  • Driving Directions: Division to N L St. NW on N L. Building is on the right

School Information

  • High School District: Tacoma

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • Stories in Building: 2
  • Square Feet: 4,992
  • Year Built: 1910

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.1492
  • Lot Size (Sq. Ft.): 6,500
  • Lot Size Source: Public
  • Lot Features: Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $9,178
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 2033230040

Listed by Patrick Buckley | Compass | (425) 242-6440

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Schools serving 315 N L St

School District:Tacoma Public Schools
NameGradesDistance
Lowell Elementary School, Tacoma, WA
810 Mr. Dahl DR, Tacoma, WA 98403
PK-50.7 mi
Hilltop Heritage Middle School
602 North Sprague Avenue, Tacoma, WA 98403
6-80.5 mi
Stadium High School
111 North E Street, Tacoma, WA 98403
9-120.5 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 315 N L St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2025
Listed
$1,450,000
5.45%
MLS
5/23/2022
Sold
$1,375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 315 N L St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,354
3%
$1,136,300
5%
2024
$12,052
31%
$1,084,000
23%
2023
$9,178
8%
$884,800
19%
2022
$8,528
—
$744,400
10%
2021
$8,510
—
$677,900
8%
2020
$8,477
7%
$625,800
8%
2018
$7,942
—
$579,100
15%
2018
$7,942
13%
$503,300
16%
2017
$7,001
1%
$435,000
6%
2016
$6,921
10%
$410,700
4%
2014
$6,267
—
$396,500
9%
2014
$6,267
—
$364,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Patrick Buckley | Compass | (425) 242-6440

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315 N L Street, Tacoma, WA 98403 (MLS# 2401666) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 315 N L Street is currently listed for $1,450,000 and was received on July 01, 2025. Want to learn more about 315 N L Street? 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.

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