$899,950
( )
 $4,831 est/mo Sourced by Back At You

1134 Fawcett Avenue,Tacoma, WA 98402

Tacoma, WA 98402

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Description

Great investment opportunity in Tacoma's Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.

Details

MLS #2491440
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Year1931
Days On Site200
Listing Provided ByRE/MAX Sound Properties | Nathaly Burnett

Features

Units5
ZoningCommercial
Acreage0.21

Taxes

Property12045

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98402
Area30 Central Tacoma
Community NameNew Tacoma
Listing VS Median (in New Tacoma)
Price:
$899,950
low | high
Med:
$439,500
100% of Average
On site:
200
low | high
Med:
136
100% of Average
Sourced by Back At You

Market Activity 98402

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Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98402
Area30 Central Tacoma
Community NameNew Tacoma
Listing VS Median (in New Tacoma)
Price:
$899,950
low | high
Med:
$439,500
100% of Average
On site:
200
low | high
Med:
136
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.124M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1137 Fawcett Avenue Property Photo 1
$415,000
1137 Fawcett Avenue
Tacoma, WA 98402
Listing Updated: September 22, 2026 at 2:58:28 PM PDT