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    4019 Puget Sound Ave Tacoma, WA 98409

    For Sale
    $2,995,000

    Rare investment opportunity: 10 townhome units in Tacoma, WA.

    Property size:
    13,010 SF

    Property Features for 4019 Puget Sound Ave

    General Information

    Standard status
    Active
    Size
    13,010 SF

    Building Details

    Year built
    2007

    Source: NORTHMARQ MULTIFAMILY LLC Agent TYLER SMITH

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Townhome Units in Tacoma

    This property presents an investment opportunity consisting of 10 well-maintained townhome units located in Tacoma, WA. Constructed in 2007, the property is divided into 5 tax parcels, offering the potential to be sold as duplexes and single-family residences. Each unit features a private, attached garage, complemented by an individual driveway to provide additional off-street parking. The interiors are equipped with in-unit washers and dryers, alongside white appliances and finishes that reflect the original construction. This presents an opportunity for new ownership to implement a renovation program. Upgrading kitchens, bathrooms, flooring, and fixtures, investors can reposition the asset to meet modern renter expectations and achieve higher market rents. The property size is 13010 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Puget Sound Townhomes Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.4817421
    Latitude
    47.2197638

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    FAQs

    What type of property is this?
    Apartment building - Rare investment opportunity: 10 townhome units in Tacoma, WA.
    Where is this apartment building located?
    The property is located at 4019 Puget Sound Ave Tacoma, WA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Rare investment opportunity: 10 well-maintained townhome units.; - Built in 2007: Relatively modern construction.; - Potential for increased value: Opportunity to renovate and increase rents.
    Request Owner's contact information
    4019 Puget Sound Ave Tacoma, WA 98409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4019 Puget Sound Ave Tacoma, WA 98409
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