Listing provided courtesy of Blake Investment AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2544142MLS Provider

404 N Tacoma AvenueTacoma, WA 98403

Multi-Family · 6 Beds · 3,600 Sq. ft. | 0.14 Acres
$1,000,000 Pending Feasibility

404 N Tacoma Avenue Overview

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TROPHY LOCATION! On the market for the first time in 70 years, The Stadium District Victorian Apartments has been owned and cared for by the same family since 1956. Constructed in 1890, this rare six-unit asset features six one-bedroom apartment homes averaging approximately 600 square feet and showcases Victorian old-world charm in one of Tacoma's most desirable neighborhoods, the Stadium District. Residents enjoy access to a common on-site laundry room, six private storage lockers, and a five-car carport located at the rear of the property. All units are currently occupied. Please do not disturb tenants.

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404 N Tacoma Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,600
  • Price/Sq.ft. $278
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma

Income/Expenses

  • Other Expense: 8166
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 101952
  • Insurance Expense: 5354
  • Net Operating Income: 57270
  • Total Expenses: 39584
  • Total Monthly Income: 8496
  • Water/Sewer/Garbage: 11875

Building Information

  • New Construction: No
  • Year Built: 1890

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 15 - North Tacoma
  • Subdivision Name: North Tacoma

Community/Development

  • Amenities: Coin Op Laundry

Tax Information

  • Tax Annual Amount: $14,189.00
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional
  • Parcel Number: 2034120070
  • Possible Use: Multi-Family
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3600
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3600
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Yes
  • Leasable Area: 3600
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: See Remarks
  • Stories Total: 4

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 5
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1377
  • Lot Size Square Feet: 6000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 5
  • Carport: No
  • Covered Spaces: 5
  • Exterior Features: Wood Products
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 5 Details

  • Actual Rent: 1355
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1360
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1395
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1460
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1463
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1463
  • Beds Total: 1
  • Baths Total: 1

404 N Tacoma Avenue Neighborhood

Community

98403 (TACOMA) Demographics

35
Median Age
7,444
Population Density (per sq. mile)
65%
College Educated
$61,863
Estimated Median Income
1,668
Estimated Total Home Owners
2,529
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

404 N Tacoma Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

404 N Tacoma Avenue Market Data

Based on the last 30 days in this zip code

$766,730
Average List Price
$362
Average Price per Square Foot
8
Properties Sold
56
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network