New Listing
$1,100,000
 $5,905 est/mo Sourced by Back At You

222 N I Street,Tacoma, WA 98403

Tacoma, WA 98403

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Description

$157,143 PER UNIT IN A+ TACOMA LOCATION | 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.

Details

MLS #2568515
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1904
Days On Site2
Listing Provided ByBlake Investment Advisors | Gabe Blake

Features

SQ Feet4,242
Story(s)3
Units7
ZoningMulti-Family
Acreage0.07

Taxes

Property11654

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98403
Area13 North Tacoma
Community NameNorth Tacoma
Listing VS Median (in North Tacoma)
Price:
$1,100,000
low | high
Med:
$664,500
89.590909090909% of Average
sqft:
4,242
low | high
Med:
2,444
92.385667138142% of Average
$ / sqft:
$259
low | high
Med:
$273
44.652806487897% of Average
On site:
2
low | high
Med:
57.5
3.478260869565% of Average
Sourced by Back At You

Market Activity 98403

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Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98403
Area13 North Tacoma
Community NameNorth Tacoma
Listing VS Median (in North Tacoma)
Price:
$1,100,000
low | high
Med:
$664,500
89.590909090909% of Average
sqft:
4,242
low | high
Med:
2,444
92.385667138142% of Average
$ / sqft:
$259
low | high
Med:
$273
44.652806487897% of Average
On site:
2
low | high
Med:
57.5
3.478260869565% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $825K - $1.375M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
324 N Yakima Avenue Property Photo 1
$1,195,000
324 N Yakima Avenue
Tacoma, WA 98403
Listing Updated: August 18, 2026 at 8:35:00 AM PDT