Listing Agency: CBRE k***@cbre.com Show Phone

Listed By: Ketner Sheean · License #WA34175 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 14 Last Checked: Aug 23 at 8:13AM

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Investment Insights

Based on property information with market context.

This multifamily property is located four blocks from a major transit hub. The building has a height of 100 feet. There is no parking requirement. The property contains 8,450 square feet.

Key Highlights

• Less than $10,000 per door - an incredible investment opportunity.
• No parking requirement.
• 100' building height.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

435

Businesses Nearby

Explore this area Business Placement

Demographics for 98402, WA

8,053

Population

4,788

Households

1.7

Avg Household Size

37

Median Age

44%

College-Educated

91%

High-School Grad

1.2 sq mi

ZIP Area

6,711

Density / Sq Mi

$54,712

Median Household Income

$43,145

Median Earnings

$1,478

Median Rent

$558,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property near transit hub with no parking requirement.

Where is this apartment building located?

The property is located at 2622 A Street Tacoma, WA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Less than $10,000 per door - an incredible investment opportunity.; No parking requirement.; 100' building height.