Tacoma, WA 98405,707 709 S I ST
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Tacoma, WA 98405,707 709 S I ST
Tacoma, WA 98405,707 709 S I ST
Tacoma, WA 98405,707 709 S I ST
Tacoma, WA 98405,707 709 S I ST
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Listed by Kidder Mathews Brian Richardson 
$ 1,650,000
Est. payment /mo
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707 709 S I ST Tacoma, WA 98405

11 Beds

12 Baths

5,640 SqFt


UPDATED:

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


Northwest MLS (NWMLS)
Darren Rivers

Darren Rivers

Managing Broker | License ID: 25011186

+1(253) 961-7788

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707 709 S I ST