PROPERTIES FOR SALE

1021 N 5th Street Tacoma, WA 98403

This 4-plex offers the opportunity to live in a beautiful, historic home while building equity through rental income. Live in the spacious, main floor apartment and put down roots in one of the country's largest historic districts right here in North Tacoma.
This 4-plex offers the opportunity to live in a beautiful, historic home while building equity through rental income. Live in the spacious, main floor apartment and put down roots in one of the country's largest historic districts right here in North Tacoma.
The rounded bay window nook in the front living room is a defining architectural feature of the home and one of the best spots to sit and relax.
The rounded bay window nook in the front living room is a defining architectural feature of the home and one of the best spots to sit and relax.
The main floor apartment's dining room is a case study in turn-of-the-century millwork. Note the distinctive built-in hutch with its curved top, the box beams, paneling, and plate rail trim.
The main floor apartment's dining room is a case study in turn-of-the-century millwork. Note the distinctive built-in hutch with its curved top, the box beams, paneling, and plate rail trim.
Oak hardwood floors extend throughout the main floor and subtle details like crown molding give elegance to each room.
Oak hardwood floors extend throughout the main floor and subtle details like crown molding give elegance to each room.
The main floor apartment even offers a big deck space for outdoor dining. Just take the back door straight from the kitchen.
The main floor apartment even offers a big deck space for outdoor dining. Just take the back door straight from the kitchen.
We've shared a few highlights, but now let's start from the front door and take a full tour. We begin on the wraparound covered porch.
We've shared a few highlights, but now let's start from the front door and take a full tour. We begin on the wraparound covered porch.
Unit 1 is a complete home comprising the entire main floor. This 1,650 sq ft apartment is vacant and available to tour.
Unit 1 is a complete home comprising the entire main floor. This 1,650 sq ft apartment is vacant and available to tour.
The front door from the covered porch opens to the living room with its rounded bay window nook - even the panes of glass are curved!
The front door from the covered porch opens to the living room with its rounded bay window nook - even the panes of glass are curved!
Oak hardwoods extend from the fireside sitting area into the bedrooms, hall, and dining room. Notice the opening into a 3/4 bath. A pocket door can be closed to create the feeling of a private suite with the bathroom, front bedroom, and linen storage.
Oak hardwoods extend from the fireside sitting area into the bedrooms, hall, and dining room. Notice the opening into a 3/4 bath. A pocket door can be closed to create the feeling of a private suite with the bathroom, front bedroom, and linen storage.
The apartment offers good storage options including this built-in for linens. The 3/4 bath includes a tiled shower stall, pendant lights, and cabinets under the vanity.
The apartment offers good storage options including this built-in for linens. The 3/4 bath includes a tiled shower stall, pendant lights, and cabinets under the vanity.
A door from the linen area opens into this front bedroom with bay windows, high ceilings, and oak floors.
A door from the linen area opens into this front bedroom with bay windows, high ceilings, and oak floors.
A cased opening leads from the hall into the spacious dining room with its original millwork and historic details intact.
A cased opening leads from the hall into the spacious dining room with its original millwork and historic details intact.
Board and batten paneling topped with plate rail trim lines the room with its easy access to the living room and into the kitchen.
Board and batten paneling topped with plate rail trim lines the room with its easy access to the living room and into the kitchen.
A storage closet is set right across the hall from the dining room. Notice the doorway into the 2nd bedroom, and a door into the 2nd 3/4 bath from the hall as well.
A storage closet is set right across the hall from the dining room. Notice the doorway into the 2nd bedroom, and a door into the 2nd 3/4 bath from the hall as well.
This 2nd bedroom includes a built-in dresser and a laundry hookup for a stackable washer-dryer set in the closet near the bathroom door.
This 2nd bedroom includes a built-in dresser and a laundry hookup for a stackable washer-dryer set in the closet near the bathroom door.
This 2nd 3/4 bath with its tiled shower stall opens directly into the bedroom.
This 2nd 3/4 bath with its tiled shower stall opens directly into the bedroom.
A kitchen full of character and light sits at the back of the house overlooking the deck.
A kitchen full of character and light sits at the back of the house overlooking the deck.
Double doors open from the kitchen into this bonus room. Add a wardrobe to create a 3rd bedroom or a guest space. It’s an office or an art studio, a meditation room or a workout spot.
Double doors open from the kitchen into this bonus room. Add a wardrobe to create a 3rd bedroom or a guest space. It’s an office or an art studio, a meditation room or a workout spot.
Concrete countertops, stainless sinks, and a commercial-style hood vent, provide contrast to the turn-of-the-century elegance of the other rooms, while pendant lights and simple white walls bring light.
Concrete countertops, stainless sinks, and a commercial-style hood vent, provide contrast to the turn-of-the-century elegance of the other rooms, while pendant lights and simple white walls bring light.
Three stainless sink basins are set into the concrete countertops and windows look northwest over the deck and neighborhood.
Three stainless sink basins are set into the concrete countertops and windows look northwest over the deck and neighborhood.
This SubZero fridge and a bit of additional counter and cabinet space in the corner nearest the dining room complete the kitchen.
This SubZero fridge and a bit of additional counter and cabinet space in the corner nearest the dining room complete the kitchen.
A back door opens from the kitchen straight out into the open air of the deck.
A back door opens from the kitchen straight out into the open air of the deck.
Come straight out from the kitchen or take the stairs up from the yard below. Imagine giant pots full of flowers, tomatoes and herbs in every corner of this back deck.
Come straight out from the kitchen or take the stairs up from the yard below. Imagine giant pots full of flowers, tomatoes and herbs in every corner of this back deck.
Set up an outdoor dining table and comfortable chairs for reading, lounging, and hosting. Along with this deck, there's garden space in the yard below, and you'll even see some raised beds out in the planting strip along the sidewalk.
Set up an outdoor dining table and comfortable chairs for reading, lounging, and hosting. Along with this deck, there's garden space in the yard below, and you'll even see some raised beds out in the planting strip along the sidewalk.
The deck is set atop a garage building used more recently as a workshop-storage room.
The deck is set atop a garage building used more recently as a workshop-storage room.
Come down the stairs from the deck to reach the garage/storage building, and to visit the basement studio apartment.
Come down the stairs from the deck to reach the garage/storage building, and to visit the basement studio apartment.
A side door opens from the graveled driveway into this 630 sq ft basement studio apartment which is currently vacant. The door on the left opens into a large closet.
A side door opens from the graveled driveway into this 630 sq ft basement studio apartment which is currently vacant. The door on the left opens into a large closet.
The studio's walk-in closet is complete with shelving to keep clothes and other items organized and out of the way.
The studio's walk-in closet is complete with shelving to keep clothes and other items organized and out of the way.
The studio includes a full kitchen with eco-friendly Richlite countertops and a gas range.
The studio includes a full kitchen with eco-friendly Richlite countertops and a gas range.
Reach the studio's 3/4 bath through a door in the kitchen. Notice the mosaic detail in the tiled shower floor.
Reach the studio's 3/4 bath through a door in the kitchen. Notice the mosaic detail in the tiled shower floor.
With plenty of light from windows in the kitchen and living room and recessed overhead lighting, it feels bright and open in here.
With plenty of light from windows in the kitchen and living room and recessed overhead lighting, it feels bright and open in here.
The 2 top floor apartments are occupied, so please respect tenant privacy. A door from the covered porch on the K St side of the lot leads up to the 2 one-bed, one-bath apartments. See the floorplan in a few slides.
The 2 top floor apartments are occupied, so please respect tenant privacy. A door from the covered porch on the K St side of the lot leads up to the 2 one-bed, one-bath apartments. See the floorplan in a few slides.
Updates to this 4-plex home include a new roof and fresh exterior paint in 2025. It's set on a 7,500 sq ft corner lot measuring 63 ft by 125 ft.
Updates to this 4-plex home include a new roof and fresh exterior paint in 2025. It's set on a 7,500 sq ft corner lot measuring 63 ft by 125 ft.
A back lawn and garden sit down below the sidewalk level.
A back lawn and garden sit down below the sidewalk level.
The basement includes 980 sq ft of unfinished space including this coin-op laundry area.
The basement includes 980 sq ft of unfinished space including this coin-op laundry area.
Another significant update to the property are the new boiler and water heater both installed in 2023.
Another significant update to the property are the new boiler and water heater both installed in 2023.
The basement offers a variety of storage spaces and work surfaces.
The basement offers a variety of storage spaces and work surfaces.
The North Slope Historic District borders the Stadium District, home to Wright Park, groceries, cafes, restaurants, and light rail. MultiCare Tacoma General Hospital is just a few blocks away.
The North Slope Historic District borders the Stadium District, home to Wright Park, groceries, cafes, restaurants, and light rail. MultiCare Tacoma General Hospital is just a few blocks away.
This home was built in 1905 by the brothers Daniel and Ernest Cornell. Daniel and his family lived at 1021. The Cornell brothers operated a large construction firm and also built First Presbyterian Church in Stadium and Tacoma’s iconic Elks Club, now the McMenamins Elks Temple Hotel!
This home was built in 1905 by the brothers Daniel and Ernest Cornell. Daniel and his family lived at 1021. The Cornell brothers operated a large construction firm and also built First Presbyterian Church in Stadium and Tacoma’s iconic Elks Club, now the McMenamins Elks Temple Hotel!
1021 is currently composed of 4 apartments. Unit 1 (vacant) is the 1,650 sq ft main floor apartment. Units 2 and 3 (tenant occupied) are each 1 bed, 1 bath and make up the 1,387 sq ft top floor. Unit 4 (vacant) is a 630 sq ft studio apartment in the basement. The basement also includes 980 unfinished sq ft. Note: The deck and garage building aren't reflected on the floor plan.
1021 is currently composed of 4 apartments. Unit 1 (vacant) is the 1,650 sq ft main floor apartment. Units 2 and 3 (tenant occupied) are each 1 bed, 1 bath and make up the 1,387 sq ft top floor. Unit 4 (vacant) is a 630 sq ft studio apartment in the basement. The basement also includes 980 unfinished sq ft. Note: The deck and garage building aren't reflected on the floor plan.
NWMLS Courtesy of Windermere Abode
1021 N 5th Street
Tacoma, WA 98403
$1,100,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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This stately property in Tacoma’s North Slope Historic District holds 4 units including a gracious main floor that’s a complete home in itself. Built by the Cornell Brothers who also built the Elks Temple and First Presbyterian, this is an opportunity to live in a home full of history and character with rental income for support. Open the front door from the wraparound porch into an apartment spanning the entire main level. Oak hardwoods and a rounded bay window bring beauty to the living room, while the dining room is replete with original millwork from box beam ceilings to paneled walls and built-ins. The commercial style, eat-in kitchen creates contrast with its concrete counters and SubZero fridge. With 2 bedrooms, a bonus room, 2 baths, and a back deck overlooking the garden, there’s room to live, work and host. The 2nd floor’s 1-bed, 1-bath units are both occupied and generating income. The basement studio is vacant. Updates include a new roof and exterior paint in 2025 and a new boiler in 2023. Near parks, pubs, cafes and light rail.
Watch Virtual Tour #1

Property Features

Community: Tacoma
4-Plex
Deck
Fenced-Partially
Gas Available
Exterior: Wood
Roof: Composition
Roof: Flat
Year Built: 1905
2026 Taxes: $9606.96
Buyer Broker Comp.: 2.5%
Listing #: 2517892

Lot Details

Lot Size: 0.17 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 4

Interior

Cooling: None
Heating: Radiant, Wall Furnace
Electric
Natural Gas

Common Features

Basement
Coin Op Laundry
Storage

Open Houses

May 9: 1:00 PM - 3:00 PM

Schools

District: Tacoma
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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