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Townhome-Style Apartment Community

2901 South 45th Street, Tacoma, WA 98409

For Sale
Contact for pricing

The 53-home community combines multiple bedroom layouts with in-unit laundry and attached garages.

Property SizeContact for details
Lot Size1.98 Acres
Days on Market55

Property Features for 2901 South 45th Street

General Information

Standard status Active
Lot size 1.98 Acres
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 53

Amenities

in-unit washer/dryer
attached garage

Building Details

Year Built 2008
Buildings 16
Listing Agency: Berkadia Seattle
Listed By: Steven Chattin
Source: Crexi
Added: Sep 17 Changed: Nov 4 Last Checked: Nov 10 at 9:04AM

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 Berkadia Seattle

Rey
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Investment Insights

Based on property information with market context.

This 53-unit apartment community is arranged across 16 buildings on 1.98 acres. Built in 2008, it offers two-, three- and four-bedroom townhomes averaging 1,374 square feet. Each residence has a washer and dryer and an attached garage with direct access. Interior work has been completed in 47 of the 53 homes over the past three years; six remain in classic condition.

The property is in South Tacoma, directly across from Tacoma Mall and about five minutes from I-5. Its unit mix includes two-bedroom-plus-den layouts, with a separate den that can function as a bedroom, office or guest room.

Key Highlights

  • 53 townhome‑style apartment units across 16 buildings
  • 1.98‑acre site; built in 2008
  • Two-, three- and four‑bedroom homes average 1,374 square feet

Property Analytics

Lease Details

53
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 98409, WA

27,840
Population
12,136
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
3,921
Density / Sq Mi
$71,649
Median Household Income
$43,652
Median Earnings
$1,579
Median Rent
$363,000
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Tacoma, WA

$262 Jul
$256 Aug
$251 Sep
$251 Oct

Properties on Market for Apartment buildings in Tacoma

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The 53-home community combines multiple bedroom layouts with in-unit laundry and attached garages.
Where is this apartment building located?
The property is located at 2901 South 45th Street Tacoma, WA.
What are key features of this property?
This property features: 53 townhome‑style apartment units across 16 buildings; 1.98‑acre site; built in 2008; Two-, three- and four‑bedroom homes average 1,374 square feet
(425) 269-3826 Call to check price and availability
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