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Tacoma,WA 98405
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $292
Subdivision Tacoma
MLS Listing ID 2449032
Style 56 - 10+ Units
Bedrooms 11
Year Built 1954
Annual Tax Amount $14,786
Lot Size 6,500 Sqft
Property Sub-Type Multi Family
Property Description
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma's rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced under $138K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma's steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside.
Location
State WA
County Pierce
Area 29 - Central Tacoma
Interior
Flooring Laminate,Carpet
Fireplace false
Exterior
Exterior Feature Cement Planked
Amenities Available Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet
View Y/N Yes
View Bay,City,Mountain(s),Partial,Territorial
Roof Type Composition
Building
Lot Description Alley,Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional