Two-Story 12-Unit Apartment
For Sale
Contact for pricing
Pending
1928 W Union Ave, Tacoma, WA 98405
1999-built 12-unit, two-story building with 2-bed/1-bath and 1-bed/1-bath units averaging 822 SF.
Property SizeContact for details
Days on Market150
Property Features for 1928 W Union Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
12
Building Details
Year Built
1999
Stories
2
Listing Agency:
Kidder Mathews Tacoma
Listed By:
Austin Kelley · License #WA
(253) 722-1413
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Sep 7 at 5:31AM
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.
Built in 1999, this two-story, 12-unit single building complex offers spacious 2-bed, 1-bath and 1-bed, 1-bath apartment homes averaging 822 SF. The property presents a value-add renovation opportunity, as no major interior remodel work has been completed to date. Ownership has lightly turned over 5 of the 12 units, including new plank flooring and fresh paint. In addition to light interior updates, a new roof was installed in 2022.
The offering is located at 1928 W Union Ave in Tacoma, WA 98405.
For investors, the package contemplates renovation of kitchens and bathrooms through a renovation package identified in the offering materials. The property also features assumable debt with a 2.86% fixed rate through 2026, as referenced in the loan note section.
The offering is located at 1928 W Union Ave in Tacoma, WA 98405.
For investors, the package contemplates renovation of kitchens and bathrooms through a renovation package identified in the offering materials. The property also features assumable debt with a 2.86% fixed rate through 2026, as referenced in the loan note section.
Key Highlights
- 1999‑built two‑story 12‑unit single building complex
- Unit mix includes spacious 2‑bed/1‑bath and 1‑bed/1‑bath homes
- Average unit size is 822 SF
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,674
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - 1999-built 12-unit, two-story building with 2-bed/1-bath and 1-bed/1-bath units averaging 822 SF.
Where is this apartment building located?
The property is located at 1928 W Union Ave Tacoma, WA.
What are key features of this property?
This property features: 1999‑built two‑story 12‑unit single building complex; Unit mix includes spacious 2‑bed/1‑bath and 1‑bed/1‑bath homes; Average unit size is 822 SF
