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Brick Apartment Building with Water Views
For Sale
$2,800,000

601 Jackson, Tacoma, WA 98465

Multifamily property positioned at a prominent corridor intersection with views toward Puget Sound and the Narrows Bridge.

Property SizeContact for details
Days on Market159

Property Features for 601 Jackson

General Information

Standard status Active
Property subtype Multi-family

Building Details

Year Built 1955
Listing Agency: Kidder Mathews
Listed By: David A. Kelley
Source: Skylineproperties
Added: Mar 27 Changed: Aug 31 Last Checked: Aug 31 at 7:53PM

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

Investment Insights

Based on property information with market context.

This brick apartment building occupies the corner of 6th Avenue and S Jackson Avenue in Tacoma. The property is described as meticulously maintained and offers residents views of Puget Sound and the Narrows Bridge from its residential setting.

The property supports an interior modernization program centered on updated finishes, fixtures, and unit upgrades. Existing in-place rents are identified as below market rates, with approximately $4,000 per month in rental upside noted in the property information. The location, building construction, and water views define the asset’s primary physical characteristics.

Key Highlights

  • Brick apartment building at the corner of 6th Avenue and S Jackson Avenue
  • Views of Puget Sound and the Narrows Bridge
  • Approximately $4,000 per month in identified rental upside

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist Plumbing Service Locksmith Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

Demographics for 98465, WA

7,524
Population
3,771
Households
2
Avg Household Size
41
Median Age
38%
College-Educated
97%
High-School Grad
1.6 sq mi
ZIP Area
4,703
Density / Sq Mi
$77,083
Median Household Income
$54,829
Median Earnings
$1,453
Median Rent
$544,500
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 - Multifamily property positioned at a prominent corridor intersection with views toward Puget Sound and the Narrows Bridge.
Where is this apartment building located?
The property is located at 601 Jackson Tacoma, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Brick apartment building at the corner of 6th Avenue and S Jackson Avenue; Views of Puget Sound and the Narrows Bridge; Approximately $4,000 per month in identified rental upside
More about this property
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