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76-Unit Apartment Portfolio
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701 South Yakima & 801 South G St, Tacoma, WA 98405

Two nearby properties provide studio, one-bedroom, and two-bedroom floor plans with updated building systems.

Property SizeContact for details
Days on Market143

Property Features for 701 South Yakima & 801 South G St

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence dated interiors ripe for renovation

Additional Details

Public Transit Yes
Multifamily Units 76
Listing Agency: Kidder Mathews Tacoma
Listed By: Austin Kelley · License #WA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Tacoma

Investment Insights

Based on property information with market context.

The offering includes two apartment properties at 701 South Yakima and 801 South G Street in Tacoma, Washington, with 76 units combined. The buildings feature comparable layouts and a mix of studio, one-bedroom, and two-bedroom residences. Property systems have been updated, while the grounds are maintained.

Both locations sit adjacent to the Sound Transit extension, providing transit access to local employment centers. Interior finishes are dated and present an opportunity for renovation. The properties are positioned near one another, supporting shared operational efficiencies across the apartment portfolio.

Key Highlights

  • 76 apartment units across two nearby properties
  • Studio, one‑bedroom, and two‑bedroom unit mix
  • Updated property systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Electrical Service Furniture & Home Goods Locksmith

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

Lease Details

76
Residential units

Location Intelligence

Trade Area within ½ mile

2,122
Businesses Nearby

Demographics for 98405, WA

24,617
Population
11,645
Households
2.1
Avg Household Size
37
Median Age
31%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
6,004
Density / Sq Mi
$80,024
Median Household Income
$51,028
Median Earnings
$1,480
Median Rent
$443,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two nearby properties provide studio, one-bedroom, and two-bedroom floor plans with updated building systems.
Where is this apartment building located?
The property is located at 701 South Yakima & 801 South G St Tacoma, WA.
What are key features of this property?
This property features: 76 apartment units across two nearby properties; Studio, one‑bedroom, and two‑bedroom unit mix; Updated property systems
(253) 722-1421 Call to check price and availability
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