James & Angie Smith

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Listing provided courtesy of Upside PropertiesNWMLSas Distributed by MLSGrid- MLS# NWM2447851MLS Provider

6215 29th Street NETacoma, WA 98422

Multi-Family · 13 Beds · 4,344 Sq. ft. | 0.34 Acres
$1,250,000 Active

6215 29th Street NE Overview

Visits:
9

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.

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6215 29th Street NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,344
  • Price/Sq.ft. $288
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 3600
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 100560
  • Insurance Expense: 4033
  • Net Operating Income: 74509
  • Total Expenses: 26051
  • Total Monthly Income: 8380
  • Water/Sewer/Garbage: 7000

Building Information

  • New Construction: No
  • Year Built: 1996

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 94 - Browns Point
  • Subdivision Name: Browns Point

Tax Information

  • Tax Annual Amount: $11,418.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 6350000360
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 4344
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4344
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4344
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Uncovered Spaces: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.3415
  • Lot Size Square Feet: 14875
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 2750
  • Beds Total: 5
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 2790
  • Beds Total: 4
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2840
  • Beds Total: 4
  • Baths Total: 2

6215 29th Street NE Neighborhood

Community

98422 (Tacoma) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6215 29th Street NE Monthly Cost

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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.

6215 29th Street NE Market Data

Based on the last 30 days in this zip code

$1,037,192
Average List Price
$380
Average Price per Square Foot
17
Properties Sold
78
Average Days on Market
102
Properties for Sale
Calculations provided by Reliance Network

6215 29th Street NE 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