Exceptional investment opportunity in Tacoma's rapidly evolving Downtown! This income-producing triplex offers immediate income potential and outstanding long-term upside. The property features three separate units, three garage spaces and convenient alley access. Situated on a 6,500-square-foot lot within Tacoma's Neighborhood Residential Mixed-Use (NRX) zoning district, the property offers exciting value-add and future redevelopment possibilities (buyer to verify). Built in 1910, this classic investment property combines timeless character with modern investment potential. Ideally located just minutes from Downtown Tacoma, major hospitals, the light rail, the University of Washington Tacoma campus, restaurants, shopping, and I-5, tenants enjoy exceptional convenience and accessibility. Sidewalks, public transportation, and a highly walkable location further enhance tenant appeal. Whether you're looking to expand your portfolio, owner-occupy while generating rental income, or capitalize on Tacoma's continued growth, this is a rare opportunity to own a versatile income property in one of the city's most sought-after redevelopment corridors.
| MLS # | 2550841 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1910 |
| Days On Site | 59 |
| Listing Provided By | John L. Scott Woodinville | Matthew W. Hodge |
| SQ Feet | 2,766 |
|---|---|
| Garage | 3 |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.15 |
| Property View | Yes |
| Property | 6538 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98405 |
| Area | 29 Central Tacoma |
| Community Name | New Tacoma |
| School District | Stadium |
| Elementary School | Travis |
| High School | Stadium |
| Listing VS Median (in New Tacoma) | |
Price: $900,000 low | high Med: $439,500 sqft: 2,766 low | high Med: 1,560 $ / sqft: $325 low | high Med: $282 On site: 59 low | high Med: 113 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98405 |
| Area | 29 Central Tacoma |
| Community Name | New Tacoma |
| School District | Stadium |
| Elementary School | Travis |
| High School | Stadium |
| Listing VS Median (in New Tacoma) | |
Price: $900,000 low | high Med: $439,500 sqft: 2,766 low | high Med: 1,560 $ / sqft: $325 low | high Med: $282 On site: 59 low | high Med: 113 | |