820 S J Street Unit #A B C, Tacoma, WA 98405

$900,000
2,766
SqFt

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Listing courtesy of John L. Scott Woodinville.

List Price
$900,000
Status
ACTIVE
MLS#
2550841
Days on Market
19
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,766
Area Total SqFt
2766
Annual Tax Ammount
6538
Lot Size (sq ft)
6,500
Sewer
Sewer Connected

Property Description

Exceptional investment opportunity in Tacoma's rapidly evolving Downtown! This income-producing triplex offers immediate income potential and outstanding long-term upside. The property features three separate units, three garage spaces and convenient alley access. Situated on a 6,500-square-foot lot within Tacoma's Neighborhood Residential Mixed-Use (NRX) zoning district, the property offers exciting value-add and future redevelopment possibilities (buyer to verify). Built in 1910, this classic investment property combines timeless character with modern investment potential. Ideally located just minutes from Downtown Tacoma, major hospitals, the light rail, the University of Washington Tacoma campus, restaurants, shopping, and I-5, tenants enjoy exceptional convenience and accessibility. Sidewalks, public transportation, and a highly walkable location further enhance tenant appeal. Whether you're looking to expand your portfolio, owner-occupy while generating rental income, or capitalize on Tacoma's continued growth, this is a rare opportunity to own a versatile income property in one of the city's most sought-after redevelopment corridors.

Additional Information

List Date
2026-07-07 21:28:11
Community
New Tacoma
Net Operating Income
$61,178
Gross Adjusted Income
$70,680
Gross Scheduled Income
$74,400
Total Monthly Income
$6,200
Insurance Expenses
$2,667
Gross Rent Multiplier
12.1
Total Expenses
$9,205
Cap Rate
6.8
Vacancy Rate
5
Total Number of Units
3
Unit Name
820
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1910
View
City, Territorial
Roof
Composition, Torch Down
Site Features
Fenced-Fully, Gated Entry, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Tacoma
Elementary School
Travis
Middle School
Hilltop Heritage Middle
High School
Stadium
Total Monthly Income
$6,200
Gross Scheduled Income
$74,400
Vacancy Rate
5
Gross Adjusted Income
$70,680
Tax Year
2026
Insurance Expense
$2,667
Total Expenses
$9,205
Net Operating Income
$61,178
Gross Rent Multiplier
12.1
Cap Rate
6.8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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