8432 6th Ave - Apartments FOR SALE


Tacoma, WA 98465- West End
$2,050,000 USD
206-566-9600
8432 6th Ave, Tacoma, WA for Sale
$2,050,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

8432 6th Ave
Tacoma, WA 98465
West End


HIGHLIGHTS

  • Strong Income-Producing Asset
  • Spacious Units with Desirable Layouts
  • Stable, Long-Term Tenants
  • Ample Parking & In-Unit Amenities

OVERVIEW

Located in Tacoma’s sought-after West End neighborhood, 8432 6th Avenue presents a strong investment opportunity within a vibrant residential market. This two-story apartment building features six well-maintained units, each offering spacious layouts and desirable in-unit amenities designed to attract and retain tenants. The property includes generous on-site parking, contributing to convenience for residents in an area where parking is highly valued. The asset benefits from a desirable location near Titlow Beach, Point Defiance Park, and multiple retail and dining destinations. Residents have quick access to key transportation corridors, including Highway 16, connecting Tacoma to surrounding employment centers and regional attractions. The neighborhood provides a balanced combination of convenience and lifestyle appeal, further supporting long-term tenant demand. With stable income, low vacancy, and the potential for continued growth in Tacoma’s multifamily sector, this property is a compelling option for investors seeking operational stability. The competitive pricing and quality of the building provide a strong value proposition in a submarket with established rental demand.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

6

PRICE/UNIT

$341,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,672 SF

ZONING

C-2

APN/PARCEL ID

022004-4332

ASK ABOUT THIS PROPERTY

Mandy WuThe Preview GroupMore Info
206-566-9600

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Mandy WuThe Preview GroupMore Info
206-566-9600

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