Active · Residential Income

222 N I Street , Tacoma, WA 98403

Tacoma, WA 98403

$1,100,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Blake Investment Advisors · MLS #2568515 · Active

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About this property

SELLER FINANCING NOW OFFERED WITH A 4.5% INTEREST RATE, 40% DOWN PAYMENT, INTEREST-ONLY PAYMENTS, & 5-YEAR BALLOON | The Prime Stadium District 7-Unit is a turnkey apartment investment in one of Tacoma's most sought-after neighborhoods. The three-story building consists of five one-bedroom units averaging approximately 606 square feet and two studios averaging approximately 520 square feet, a unit mix that has proven easy to keep full in this submarket. The renovation work is already done. Current ownership has updated every unit with a mix of refinished hardwood floors, granite countertops, new kitchen cabinetry, stainless steel appliances, tiled backsplashes, new bathroom tub surrounds, vanities, toilets, and LED lighting. Ownership also installed a brand-new composition roof last year, taking the largest near-term capital expense off the table for a new owner. Units 1 and 6 have in-unit washers and dryers, and the remaining units share a common laundry room in the basement. The property sits on a corner lot within walking distance of the restaurants, retail, and amenities that define the Stadium District, with convenient access to Tacoma's major employment centers. That location, in a safe and affluent neighborhood, is why operations have been exceptionally stable with near-zero economic vacancy throughout current ownership.

Property details

Property type: Multi Family
Year built: 1904
Lot size: 3,000 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $11,654 (2026)
Parking spaces: 0
School district: Tacoma

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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