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$850,000 Just Listed
Property Description
Incredible Opportunity in North Tacoma with this Versatile Triplex for Investors or Owner-Occupants. Don't miss this rare chance to own a versatile, income-producing triplex in one of North Tacoma's most desirable neighborhoods. Whether you're an investor seeking strong rental returns or an owner-occupant looking to live in one unit while generating income, this well-priced property offers remodel possibilities for future equity development potential, flexibility. Zoning is Commercial C-1 (Multi-Family Apts, 5+ Units),which opens the door to expanded possibilities (buyer to verify)-Unit B at one time operated as a small-scale retail storefront,professional office,& general/personal service space,this is giving opportunity for options beyond residential use.All three apartments are spacious and could be used for short or long term rental,each featuring a full kitchen, bathroom, and washer/dryer access: Unit A is 1,017 sq ft, two-story with 2 bedrooms, high ceilings, & a peek-a-boo water views; Unit B is 1,061 sq ft has an open floor plan, 3 bedrooms, and high ceilings; Unit C is an upper-level 1,044 sqft unit with 3 bedrooms & multiple views.The property has abundant parking with front,side,& rear alley access, 968 sq ft shop & garage,plus a fenced yard & deck.Just minutes from Point Defiance Park, the Proctor District, Ruston Point, shopping, restaurants, & ferry.Properties with this combination of versatility, space, location with possible expansion are rare. Sold "AS IS".
Full Property Details
Full Property Details for 5019 N 46th St
General
- Price: $850,000
- Taxes: $5,330 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2574982
- Updated: Today (8/27/2026)
- Added to Site: Today
Rental Information
- Short Term: Yes
Interior
- Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
Additional Information
- Amenities: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, RV Parking, Shop
- Security/Safety: Fully Fenced
Parking
- Garage Spaces: 2
- Covered Spaces: 2
- Uncovered Spaces: 8
- Parking Features: RV Parking
Location
- Area: 25 - North Tacoma
- County: Pierce
- Subdivision: North Tacoma
- Driving Directions: Going North on N Pearl St to Right onto N 46th St. Building is on the Right.
School Information
- High School District: Tacoma
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Stove/Free Standing
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Triplex
- Exterior Const.: Brick, Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,100
- Year Built: 1900
- Property Condition: Average
Unit Information
- Units in Building: 3
Lot Features
- Property View: Bay, Territorial
- Lot Size (Acres): 0.2479
- Lot Size (Sq. Ft.): 10,800
- Lot Size Source: Public Records
- Lot Features: Alley, Corner Lot, Paved, Sidewalk
- Zoning: Commercial, Multi-Family
Financial Considerations
- Tax Amount: $5,330
- Tax Year: 2025
- Terms: Cash, Conventional, Lease Purchase, See Remarks, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 9470001290
Listed by Kent Beahler | HomeSmart Real Estate Assoc | (253) 627-7653 and Lisa Southard | HomeSmart Real Estate Assoc | (253) 627-7653
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Schools
Schools serving 5019 N 46th St
School District:Tacoma Public Schools
| Name | Grades | Distance |
|---|---|---|
Sherman Elementary School 4415 North 38th Street, Tacoma, WA 98407 | PK-5 | 0.6 mi |
Truman Middle School 5801 North 35th Street, Tacoma, WA 98407 | 6-8 | 0.8 mi |
Dr. Dolores Silas High School 1202 North Orchard Street, Tacoma, WA 98406 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5019 N 46th St
Date
Details
Price
Change
Source
8/27/2026
Listed
$850,000
532.91%
MLS
12/19/2001
Sold
$134,300
—
Public Record
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
Tax History for 5019 N 46th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,330
—
$488,400
—
2025
$5,330
-2%
$489,600
—
2024
$5,450
19%
$489,600
11%
2023
$4,599
4%
$442,800
15%
2022
$4,420
—
$385,300
10%
2021
$4,403
1%
$350,300
9%
2020
$4,358
9%
$321,300
10%
2018
$4,014
—
$292,100
15%
2018
$4,014
-5%
$254,100
-4%
2017
$4,247
5%
$263,700
10%
2016
$4,044
-2%
$239,800
—
2014
$4,124
—
$239,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5019 N 46th St
5019 N 46th Street, Tacoma, WA 98407 (MLS# 2574982) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 5019 N 46th Street is currently listed for $850,000 and was received on August 27, 2026. Want to learn more about 5019 N 46th Street? Do you have questions about finding other Multi-Family real estate for sale in New Tacoma? You can browse all New Tacoma real estate or contact a Coldwell Banker agent to request more information.
