Financial
Distress signals
Property profile

3841 Park Ave Tacoma, WA 98418

OFF-MARKET
Other apartment buildings
Property ID
US90-3015394
3,656 SF 0.22 ac lot Built 1950
Last sale Oct 2020 · $891,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Lincoln District property is a single-story, six-unit apartment building located in Tacoma’s Lincoln District on a 9,583 square foot lot. Built in 1950, it underwent full renovation in 2020 and features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof that was replaced in 2020. The unit mix consists of two two-bedroom/one-bath apartments averaging about 750 square feet and four one-bedroom/one-bath apartments averaging about 550

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$1.01M
Assessed land$315k
Assessed improvement$695k
Effective rate1.11%

Value estimate

· Sep 2026
$570k
$513k – $627k
AI approach$520k
CAP approach$645k
Submarket $/SF estimate$784k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$115 – $215
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RCX
RCX: Residential Commercial Mixed-Use District The RCX District is primarily residential in nature. Commercial uses in this district are ...
General categoryMIXED_USE
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Law Firm14.0
HVAC Service10.4

Location

3841 Park Ave Tacoma, WA 98418-6744
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3329 Asotin, Tacoma, WA 98418-2723 $875,000 Sep 2023 3,176 SF
3704 Yakima, Tacoma, WA 98418-5001 $475,000 Apr 2022 3,782 SF
3561 G, Tacoma, WA 98418-5115 $750,000 Dec 2021 3,500 SF
3565 G, Tacoma, WA 98418-5114 $745,000 Jan 2021 3,500 SF
3306 Sawyer, Tacoma, WA 98418-2737 $780,000 Dec 2020 3,362 SF
3310 Sawyer, Tacoma, WA 98418-2743 $719,000 Dec 2020 3,362 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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