For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Multifamily Asset Near Light Rail Title is generated by Realmo AI

    707 I St, Tacoma, WA 98405

    View on Map
    Claim this Listing
    For Sale
    $1,599,000

    Turnkey multifamily property in Tacoma's urban core, near light rail.

    Type:Commercial
    Added:
    Oct 28, 2025
    Days on Market:
    225
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 707 I St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1954

    We can help!

    Listing Contact
    DAN SWANSON

    Listing agent DAN SWANSON License #13533

    Listing office KIDDER MATHEWS

    Listing date Oct 28, 2025

    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 KIDDER MATHEWS

    HighLights

    • Fully renovated multifamily asset in Tacoma's urban core.
    • Priced under $138K per door.
    • Located two blocks from the T‑Line Light Rail.
    • Potential for 10%+ income growth via utility bill‑back and rent adjustments.
    • Turnkey opportunity with immediate yield and long‑term upside.
    • Walkable, transit‑connected neighborhood poised for appreciation.

    Overview

    Victorian Manor is a multifamily asset that has been fully renovated. It is located in Tacoma’s rapidly expanding urban core, two blocks from the new T-Line Light Rail and minutes from downtown. This property offers a turnkey opportunity and is located in a walkable, transit-connected neighborhood. The property has the potential for income growth via utility bill-back and rent adjustments. Given Tacoma’s rent growth, healthcare expansion, and regional infrastructure investments, this property may offer yield and long-term upside. It offers stability, scalability, and location-driven value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tacoma
    County
    Pierce
    State
    Washington
    Longitude
    -122.459
    Latitude
    47.2649

    FAQs

    What type of property is this?
    Apartment building - Turnkey multifamily property in Tacoma's urban core, near light rail.
    Where is this apartment building located?
    The property is located at 707 I St Tacoma, WA.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Fully renovated multifamily asset in Tacoma's urban core.; Priced under $138K per door.; Located two blocks from the T‑Line Light Rail.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message