404 N Tacoma Ave - Apartments FOR SALE


Tacoma, WA 98403- Stadium District
$1,000,000 USD
206-618-2207
404 N Tacoma Ave, Tacoma, WA for Sale
$1,000,000 USD
Apartments - FOR SALE
1/18
null | 5.73% Cap Rate

404 N Tacoma Ave
Tacoma, WA 98403
Stadium District


OVERVIEW

TROPHY LOCATION! On the market for the first time in 70 years, The Stadium District Victorian Apartments has been owned and cared for by the same family since 1956. Constructed in 1890, this rare six-unit asset features six one-bedroom apartment homes averaging approximately 600 square feet and showcases Victorian old-world charm in one of Tacoma's most desirable neighborhoods, the Stadium District. Residents enjoy access to a common on-site laundry room, six private storage lockers, and a five-car carport located at the rear of the property. All units are currently occupied. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,667

CAP RATE

5.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stadium District Victorian Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

R4L

APN/PARCEL ID

203412-0070

ASK ABOUT THIS PROPERTY

Gabe BlakeBlake Investment AdvisorsMore Info
206-618-2207

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Gabe BlakeBlake Investment AdvisorsMore Info
206-618-2207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.