New Listing$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.
| MLS # | 2568515 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 2 |
| Listing Provided By | Blake Investment Advisors | Gabe Blake |
| SQ Feet | 4,242 |
|---|---|
| Story(s) | 3 |
| Units | 7 |
| Zoning | Multi-Family |
| Acreage | 0.07 |
| Property | 11654 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98403 |
| Area | 13 North Tacoma |
| Community Name | North Tacoma |
| Listing VS Median (in North Tacoma) | |
Price: $1,100,000 low | high Med: $664,500 sqft: 4,242 low | high Med: 2,444 $ / sqft: $259 low | high Med: $273 On site: 2 low | high Med: 57.5 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Tacoma |
| Zip Code | 98403 |
| Area | 13 North Tacoma |
| Community Name | North Tacoma |
| Listing VS Median (in North Tacoma) | |
Price: $1,100,000 low | high Med: $664,500 sqft: 4,242 low | high Med: 2,444 $ / sqft: $259 low | high Med: $273 On site: 2 low | high Med: 57.5 | |
![]() | $1,195,000324 N Yakima AvenueTacoma, WA 98403 |