707 709 S I ST Active Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98405
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $292
Subdivision Tacoma
MLS Listing ID 2449032
Style 56 - 10+ Units
Bedrooms 11
Year Built 1954
Annual Tax Amount $14,786
Lot Size 6,500 Sqft
Property Sub-Type Multi Family
Property Description
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma's rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced under $138K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma's steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside.
Location
State WA
County Pierce
Area 29 - Central Tacoma
Interior
Flooring Laminate,Carpet
Exterior
Exterior Feature Cement Planked
Amenities Available Cable TV,Deck,Fenced-Fully,Gated Entry,High Speed Internet
View Y/N Yes
View Bay,City,Mountain(s),Partial,Territorial
Roof Type Composition
Building
Lot Description Alley,Curbs,Paved,Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional