duplex to 4-plex in tacoma

[Brandon Stevens]

I have been looking at multi-family properties up to 4 plex. I'm in Seattle and there isn't much inventory so I've been looking around in Tacoma. Does anyone have any advice on investing in 4 plexes in either the fir crest area or the stadium district? Is fir crest a good area to own a multi-family? I would also appreciate any other areas i should consider either inside or outside of Tacoma.

[Ryan Kurth]

Fircrest, the North End and University Place are all highly sought after neighborhoods and attract good renters. With that being said, less neighborhood risk means less return, in general. Hilltop has its pluses and minuses. More minuses, as it stands. Just south of 6th Ave, and west of Sprague you might have some luck. I've had a little luck on the Eastside as well. Checkout Top of Tacoma, and the neighbourhood around there. Some nice pockets, if the price is right.