Two-Story 12-Unit Apartment
1928 W Union Ave Tacoma, WA 98405
For Sale
Contact for pricing
Pending
1999-built 12-unit, two-story building with 2-bed/1-bath and 1-bed/1-bath units averaging 822 SF.
Days on Market105
Property Features for 1928 W Union Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Kidder Mathews Tacoma
(253) 722-1421
Listed By:
Austin Kelley · License #WA
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 22 at 1:14PM
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
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FAQs
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
