Provided by NWMLS, Listed by Tomio Blakey, John L. Scott R.E.Tacoma North

612 S 18th Street

Tacoma, WA, 98405

$2,850,000

$569 per ft²
$2,850,000
$569 per ft²
Active
Active
 - For Sale
carpenters-square
5,008 ft²
property_type
Multi-family
calendar
Built 1908
All the heavy lifting has been done and this multifamily investment is ready to go in the heart of Downtown Tacoma! 2 parcels for one price, in opportunity zone so potential to build with tax benefits on parking lot parcel equally sized apartment. Ideally situated near St Joseph Medical Center and UW Tacoma, perfect for traveling nurses and students. Sweeping views of Mt. Rainier and downtown Tacoma. Easily walkable to local breweries, restaurants, University Y and shops. Nearby Tacoma Link to be completed in 2023 will connect St Joseph Medical Center to Stadium District and through existing downtown and the Tacoma Dome light rail. Own an income producing property at a 6.96% cap with established leases in place in a growing area of Tacoma!
MLS® ID:
1956249
Listed:
6/22/22
Updated:
8/17/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl Plank, Carpet

Exterior/Building Features

Lot Size
4,650 ft² lot
Exterior Features
Wood, Wood Products
Architectural Style
Multi Family
Lot Details
Alley, Curbs, Paved
Roof
Torch Down
Sewer
Sewer Connected

School Information

School District
Tacoma
High School
Buyer To Verify
Middle/Jr High
Buyer To Verify
Elementary School
Buyer To Verify

Other Property Details

Area Name
29 - Central Tacoma
Taxes
$3990
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
6.0
View
Y
County
Pierce
Utilities
Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
Water Source
Public
Pool
No
Total Stories
3

Property History

Date
Event
Price
Value
8/8/22
Price Change
$2,850,000
-3%
7/19/22
Active
-
-
7/14/22
Pending
-
-

Provided by NWMLS, Listed by Tomio Blakey, John L. Scott R.E.Tacoma North

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Data last updated 9:15 PM UTC, 8/17/22

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