Tacoma neighborhood opinion for an out-of-towner

[Pete M.]

Hi all,

Looking at potentially picking up a 4plex (recently renovated, $425k asking, rents are $4050/mo gross + $1045/mo gross RUBS) in the Larchmont area, currently off-market opportunity.  Place is located east of I-5, and a little north of 512.

I know the 1% rule is already tough to find in Tacoma, but I'm not a local (living closer to Seattle now) and don't know the area.  Any feedback is appreciated, both on the high-level numbers, and the general area of the city.

Thanks in advance.