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Townhome Community with Attached Garages

3401 S 43RD ST, Tacoma, WA 98409

For Sale
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Open-plan living and dining areas, private patios, and in-unit laundry define the residences.

Property SizeContact for details
Days on Market48

Property Features for 3401 S 43RD ST

General Information

Standard status Active
Property subtype Multifamily
Occupancy 98%

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

Private patios
Attached two-car tandem garages
Full-sized washers and dryers
Kitchen bar seating
Window-mounted air conditioning units
Open-concept living and dining areas
Convenient half-bath for guests
Listing Agency: Berkadia
Listed By: Chad Blenz · License WA #125100
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 12 at 6:34AM

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

Rey
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Investment Insights

Based on property information with market context.

The apartment community comprises townhomes with open living and dining layouts, kitchen bar seating, and a guest half-bath. Each residence has a private patio, an attached two-car tandem garage, full-sized washer and dryer, and window-mounted air conditioning. Phase II and III units received interior updates that include maple cabinetry and wide-plank wood-style flooring.

The property was 98% occupied. South Tacoma light rail station is within one mile. Assumable debt totals $6.99 million at a fixed 3.49% interest rate, with maturity on June 1, 2032.

Key Highlights

  • 98% occupied
  • Within one mile of South Tacoma light rail station
  • Attached two‑car tandem garages and private patios

Property Analytics

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Lease Details

98%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,250
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Open-plan living and dining areas, private patios, and in-unit laundry define the residences.
Where is this apartment building located?
The property is located at 3401 S 43RD ST Tacoma, WA.
What is the asking price?
The asking price for this property is $14,700,000.
What are key features of this property?
This property features: 98% occupied; Within one mile of South Tacoma light rail station; Attached two‑car tandem garages and private patios
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