Listed By: Ketner Sheean Show Phone

Source: Cbre

Added: Mar 25 Changed: Oct 15 Last Checked: Oct 20 at 6:56PM

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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 in downtown Tacoma. The building has a height of 100 feet. There is no parking requirement for the property. The property size is 9829 square feet.

Key Highlights

• Less than $10,000 per door
• Four blocks from major transit hub in downtown Tacoma
• No parking requirement

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,296

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

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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 2601 Pacific Avenue Tacoma, WA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Less than $10,000 per door; Four blocks from major transit hub in downtown Tacoma; No parking requirement