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New 30-Unit Apartment Community
For Sale
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Pending

3639 S G St, Tacoma, WA 98418

Brand-new 30-unit apartment community with 1- and 2-bedroom floor plans, gated parking, and covered entries.

Property Size22,401 SF
Days on Market126

Property Features for 3639 S G St

General Information

Standard status Pending
Size 22,401 SF
Class A
Total Parking Spaces 18
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 30

Building Details

Year Built 2025
Buildings 1
Units 18
Tenancy Multi
Listing Agency: Kidder Mathews Tacoma
Listed By: Austin Kelley · License #WA
Source: Crexi
Added: May 6 Changed: Aug 8 Last Checked: Jul 24 at 3:03PM

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.

Kidder Mathews is pleased to present the Lincoln Heights apartments for sale, a brand-new 30-unit apartment community. The property offers a unit mix of spacious one- and two-bedroom floor plans, with secured, gated parking access for residents and covered stairway entry.

The community is located directly across the street from Lincoln Highschool and provides convenient regional connectivity with immediate proximity to Interstate 5.

The offering includes a 9-year Multi-Family Tax Exemption (MFTE) tax abatement. The remarks also note no near-term capital expenditure requirements, supporting an in-place income profile with reduced operating risk.

Key Highlights

  • Brand‑new 30‑unit multifamily community built in 2025 in Tacoma, WA
  • Unit mix includes one- and two‑bedroom apartment floor plans
  • MFTE 9‑year multi‑family tax exemption (tax abatement) is in place

Property Analytics

Current Use

Lincoln Heights Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Auto Parts Store Computer & Electronic Repair Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 98418, WA

10,371
Population
4,520
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
6,101
Density / Sq Mi
$79,413
Median Household Income
$53,441
Median Earnings
$1,512
Median Rent
$385,300
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 - Brand-new 30-unit apartment community with 1- and 2-bedroom floor plans, gated parking, and covered entries.
Where is this apartment building located?
The property is located at 3639 S G St Tacoma, WA.
What are key features of this property?
This property features: Brand‑new 30‑unit multifamily community built in 2025 in Tacoma, WA; Unit mix includes one- and two‑bedroom apartment floor plans; MFTE 9‑year multi‑family tax exemption (tax abatement) is in place
(253) 722-1413 Call to check price and availability
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