404 N Tacoma Avenue, Tacoma, WA 98403
- $992,500
- 3,600
- SqFt
Listing courtesy of Blake Investment Advisors. Selling Office: NWC-KV LLC.
- Sold Price
- $992,500
- List Price
- $1,000,000
- Status
- SOLD
- MLS#
- 2544142
- Closing Date
- Jul 24, 2026
- Days on Market
- 4
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 3,600
- Area Total SqFt
- 3600
- Annual Tax Ammount
- 14189
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
TROPHY LOCATION! On the market for the first time in 70 years, The Stadium District Victorian Apartments has been owned and cared for by the same family since 1956. Constructed in 1890, this rare six-unit asset features six one-bedroom apartment homes averaging approximately 600 square feet and showcases Victorian old-world charm in one of Tacoma's most desirable neighborhoods, the Stadium District. Residents enjoy access to a common on-site laundry room, six private storage lockers, and a five-car carport located at the rear of the property. All units are currently occupied. Please do not disturb tenants.
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Additional Information
- List Date
- 2026-07-20 00:00:00
- Community
- North Tacoma
- Net Operating Income
- $57,270
- Gross Adjusted Income
- $96,854
- Gross Scheduled Income
- $101,952
- Total Monthly Income
- $8,496
- Insurance Expenses
- $5,354
- Water/Sewer/Garbage Expenses
- $11,875
- Gross Rent Multiplier
- 9.8
- Total Expenses
- $39,584
- Cap Rate
- 5.73
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 404
- Potential Terms
- Conventional
- Year Built
- 1890
- Roof
- Composition
- Other Expenses
- 8166
- Energy Source
- See Remarks
- School District
- Tacoma
- Total Monthly Income
- $8,496
- Gross Scheduled Income
- $101,952
- Vacancy Rate
- 5
- Gross Adjusted Income
- $96,854
- Tax Year
- 2025
- Insurance Expense
- $5,354
- W/S/G Expenses
- $11,875
- Total Expenses
- $39,584
- Net Operating Income
- $57,270
- Gross Rent Multiplier
- 9.8
- Cap Rate
- 5.73
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.