Historic North Slope Multi-Family

1021 N 5th St, Tacoma

$1,100,000

APT 1: 2 BED + OFFICE, 1.5 BATHS

APT 2: 1 BED, 1 BATH

APT 3: 1 BED, 1 BATH

APT 4: BASEMENT STUDIO, 3/4 BATH

3,819 Sq Ft + 980 UNFINISHED Sq ft

7,500 Sq Ft Lot

“It’s been a fabulous investment property with huge upsides. I love the look and feel of the house with its 1905 charm. The house had everything that was desired.”
— Homeowner

Home: 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. 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; please respect tenant privacy. The basement studio is vacant.

Read more about the North Slope Historic District below, but, for now, take note that this home is half a mile or less from groceries, Wright Park, the hospital, cafes, local pubs, and the light rail.

Recent Notable Updates:

  • 2025 - new roof 

  • 2025 - exterior paint

  • 2023 - new boiler 

  • 2023 - new water heater 

For a full list of updates contact listing agent Michael Duggan or talk to your real estate agent. 

Preinspection: A recent seller-procured home inspection is completed and attached to the seller’s disclosure. Available upon request.

1021 N 5th St History - The Cornell Brothers

This home was built in 1905 by the brothers Daniel and Ernest Cornell. Daniel and his family lived at 1021 and Ernest lived at 1015, the residence they built next door. The Cornell brothers operated a large construction firm and built many other local homes, including a home for the Weyerhaeuser family, and landmark buildings including First Presbyterian Church in Stadium and Tacoma’s iconic Elks Club, now the McMenamins Elks Temple! The homeowner shared that the Cornell Brothers even had their office at 1021 for a time, and notes that the huge tree on the corner was planted soon after the house was occupied. At one point the city was going to cut it down, but there was a huge neighborhood outcry to saved it. See the 2008 North Slope Historic District Walking Tour for more.

Continue on for the video tour, our neighborhood introduction, select photos, and home details.

Main Floor Apartment

  • 1,650 Sq Ft

  • Front Door Entry from Covered Porch

  • Primary Bedroom with 3/4 Bath & Laundry Hookup

  • 2nd Bedroom & 3/4 Bath

  • Bonus Room/Office

  • Dining Room

  • Living Room

  • Eat-in Kitchen with Deck Access

2nd Floor Apartments

  • 1,387 Sq Ft Total

  • Stairwell Access from the Covered Porch on the North Side (please do not disturb)

  • 2 Units: Each 1 Bedroom, 1 Full Bath

Basement Studio Apartment

  • 630 Sq Ft

  • Separate Exterior Entry

  • Studio Apartment with 3/4 Bath

Unfinished Basement Area

  • Coin-op Laundry

  • Boiler Room & Water Heater

  • Storage & Workshop Space

Grounds

  • Garage Converted to Storage/Workshop Building

  • Corner Lot on a Curbed, Tree-lined Street with Sidewalks & Planting Strip

  • Mature Landscaping: Roses, Camelia, Hydrangea & Rhododendrons

  • Wraparound Covered Porch

  • Lawn & Garden

  • Gravel Driveway

Home Feature - Historic Living with Rental Income

To us, the big dream is for someone to take this chance to live in and steward a historic property with the support of rental income, and make themselves at home on the beautiful main floor with its bay windows, oak hardwoods, and original built-ins.

Take a closer look at Apt 1

Meet the Neighborhood

Meet friends for pizza on the patio at Hanks and stay around to watch the game.

Victorian homes and tree-lined streets decorate the Historic North Slope.

This multifamily home is set in Tacoma’s North Slope Historic District in what Tacoma folks call “the pie.” Just look at a map and you’ll see why. The North Slope, chock-full of historic homes on tree-lined streets, is known for its varied architecture from the Victorian era forward. It’s best to get out of the car and explore the pie at a human pace. You’ll find the only California Mission style church in the area, gardens so full the sidewalk becomes a tunnel through the greenery, a tiny pocket park, and a couple of beloved, local watering holes.

The NSHD is one of the largest historic districts in the country!

Visit Wright Park’s WW Seymour Botanical Conservatory for warmth and color at any time of year.

Mostly residential, the North Slope borders the Stadium District, a perfect companion neighborhood full of cafes, a grocery store, small businesses, a postal counter, restaurants (serving everything from shakes and fries to ramen and brunch), as well as a community theater, grocery store, and the iconic Stadium High School.

North Slope Historic District Resources (NSHD):

Here’s just a glimpse of what’s close by:

“I feel my home is centrally located with access to amenities, healthcare and light rail. I love the neighborhood—great area to stroll and see magnificent homes and varied architecture.”
— Homeowner

The Link light rail connects Stadium to Hilltop, Downtown, and the Dome.

Visit the Stadium District

Take the Full Tour - See All the Photos & Details

See all the photos and floor plan, access property details, and learn more about 1021 N 5th St.

See all the photos & details

More Information From the Listing Agent

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You’re invited to come see this multi-family property in Tacoma’s North Slop Historic District in person to get a feel for the layout, style, size, and location.

And feel free to call or text me, Michael Duggan, at 253-226-2787. I’ll be happy to answer your questions about this property, or talk with you about Tacoma and the local real estate market in general.

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Hi, I'm Michael Duggan, a licensed broker with Windermere Abode. I would love to help you through the home buying or selling process. Please contact me to set up a meeting and get things started. 

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