2415 12Th St Tacoma, WA 98405

This exceptional Tacoma investment opportunity presents a fully leased, four-unit retail storefront at 2415 S 12th St, Tacoma, WA 98405. The property, built in 1957 and renovated in 1989, boasts a total of 6,232 square feet on an 11,648 square foot lot, zoned R3/C1. The asking price is $1,195,000, translating to $191.75 per square foot and $107.32 per square foot for land value. The building features a two-story structure with a 0% vacancy rate. Unit A (1,480 sq ft) houses a laundromat, with business and equipment included in the sale. Unit B (833 sq ft) is on a month-to-month lease at $650 per month. Unit C (832 sq ft) has a two-year lease (June 2023-June 2025) at $1,050 per month, inclusive of utilities. Unit D (3,087 sq ft) is under a three-year lease (February 2024-February 2027), with rent increasing from $2,800 to $3,000 per month. The tenant pays utilities. The property benefits from a partial lower roof replacement completed in 2024, and the upper roof is approximately 10 years old. This is an "as-is" sale, with no financial disclosure provided. This presents a strong, stable income stream for the discerning investor.