713 Yakima AveTacoma, WA 98405

  • Apartment buildings
  • 2,932 SF
For Sale
$2,450,000 View listing

Property Details for 713 Yakima Ave

Year built
1919
Construction
WOOD FRAME
Lot size
0.15 AC
Property size (Sq ft)
2,932 SF
Zone code
DR
Property type
Apartment buildings
APN
2007150050
APU
2007150050

Description

This exceptional 14-unit apartment building presents a turnkey investment opportunity in Tacoma's vibrant Hilltop neighborhood. The property, located at 713 S Yakima Ave, Tacoma, WA 98405, boasts a prime location, offering convenient access to shops, restaurants, and the historic 27-acre Wright Park. A short walk to the 6th Avenue light rail station provides easy commuting to downtown Tacoma and beyond. Completely remodeled in 2024, this four-story building (4,912 net rentable square feet) features brand new plumbing and electrical systems, in-unit washers and dryers, and high-quality finishes throughout. Built in 1919 and situated on a sizable 6,500 square foot lot, the property is zoned DR, presenting potential for future expansion. The asking price is $2,450,000. This meticulously updated multifamily property offers strong rental income potential and a desirable location, making it an attractive investment for discerning buyers. The property's APN is 200715-0050. This is a rare opportunity to acquire a fully renovated, well-located apartment building in a thriving Tacoma neighborhood.

Location Insight

City
Tacoma
County
Pierce
State
Washington
Latitude
47.256
Longitude
-122.448
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,759
$474,000
$43,400
$517,400
-
$474,000
$43,400
$517,400

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