518 32 St, Tacoma, WA 98404

Building Details

Year Built

1992

Listing agent DERRICK URQUHART

Listing office NWC - KV LLC d***@neilwalter.com

Listing date Mar 6, 2023

Source Corcoran

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 NWC - KV LLC

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Overview

This fourplex is located in the Eastside area of Tacoma, Washington. The property features individual garages. It is situated minutes from I-5, local and regional transit center, Tacoma Dome, Americas Car Museum, and Tacoma Link Light Rail. The units are currently rented below the recently published market rent numbers from the City of Tacoma, suggesting potential for rent growth under new ownership. The property has a history of low maintenance and good tenant retention. The property is intended for use as a multifamily investment site.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

• Map
• Local Demand

City

Tacoma

County

Pierce

State

Washington

Longitude

-122.425

Latitude

47.2328

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FAQs

What type of property is this?

Quadplex - Fourplex in Tacoma's Eastside with rent growth potential.

Where is this quadplex located?

The property is located at 518 32 St Tacoma, WA.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Significant rent growth potential due to below‑market rents.; Low‑maintenance property with strong tenant retention.; Individual garages for each unit, a unique feature.