713 Yakima AveTacoma, WA 98405

For Sale
$2,450,000

14-Unit Apartment Building, Fully Remodeled

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 14-unit apartment building presents a turnkey investment opportunity in Tacoma's vibrant Hilltop neighborhood. The property, located at 713 S Yakima Ave, Tacoma, WA 98405, boasts a prime location, offering convenient access to shops, restaurants, and the historic 27-acre Wright Park. A short walk to the 6th Avenue light rail station provides easy commuting to downtown Tacoma and beyond. Completely remodeled in 2024, this four-story building (4,912 net rentable square feet) features brand new plumbing and electrical systems, in-unit washers and dryers, and high-quality finishes throughout. Built in 1919 and situated on a sizable 6,500 square foot lot, the property is zoned DR, presenting potential for future expansion. The asking price is $2,450,000. This meticulously updated multifamily property offers strong rental income potential and a desirable location, making it an attractive investment for discerning buyers. The property's APN is 200715-0050. This is a rare opportunity to acquire a fully renovated, well-located apartment building in a thriving Tacoma neighborhood.

Highlights

  • Fully remodeled, turnkey 14-unit apartment building.
  • Prime location near 27-acre Wright Park.
  • Walking distance to shops and restaurants.
  • Excellent location, close to Downtown Tacoma.
  • 7-minute walk to 6th Avenue light rail station.
  • Large 6,500 sq ft lot with potential for expansion.

Property Details for 713 Yakima Ave

Property type
Multifamily properties, Apartment buildings
Year Built/Renovated
1919/2024
Buildings
1
Stories
4
Units
14

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.2560409
Longitude
-122.447908
713 Yakima Ave, Tacoma, Washington

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713 Yakima Ave
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