Tacoma Real Estate March 23, 2018

Rare Vintage 4-Unit Investment Property in Tacoma’s Charming & Convenient Stadium District

Tucked away in the heart of the Stadium District, this rare 4-unit investment property was listed for $740,000. It was only on the market for 3 days before it went pending!

Located at 406 N Tacoma Ave Tacoma WA, 98403 and wonderfully close to places like Stadium High School, Stadium Thriftway, St. Joseph & Kaiser medical facilities, Wright Park, several restaurants and more, this home is in a truly ideal area. Residents will find several bus lines nearby, but there is also excellent off-street parking in the alley with covered carports.

Lovingly maintained for decades, this 1943-built home has produced good income for years, and all rents have been below market as they have had long-term tenants in the space. Each unit boasts a warm and welcoming atmosphere that’s brimming with coveted vintage charm, and upgrades ensure this space is move-in ready. Most of the bathrooms have even been conveniently upgraded with granite and tile. 

From this home’s eye-catching brick exterior and neat landscaping, it may be hard to imagine that this lovely residence features a sprawling 3,542-square-foot layout! Three of this home’s units offer a 1-bedroom, 1-bath layout, while the fourth unit features a 2-bedroom, 1-bath layout. Each unit is a little different, but amazingly, each space includes its own kitchen!

Living in Tacoma’s Stadium District  

At 406 N Tacoma Ave Tacoma WA, 98403, you’re in a truly prime Tacoma location. Tucked away in the popular Stadium District, you’re absolutely surrounded by conveniences like bus lines, restaurants, parks, schools, shopping, and more. Popular dining spots like Shake Shake Shake, Art House Cafe, Indo Asian Street Eatery, Harvester, Parkway Tavern, The Copper Door, Rhein Haus Tacoma, and more are only 3-4 blocks from home, making it easy to enjoy meals out without even having to drive anywhere! It’s also a breeze to run errands and pick up groceries at the nearby Stadium Thriftway.

You also have easy access to Ruston Way, and this scenic waterfront destination is less than 1 mile away. Enjoy the waterfront parks and the many waterfront dining options here, including iconic places like C.I. Shenanigans, Harbor Lights, Duke’s, Katie Downs Waterfront Tavern, and more. You’re also less than 1 mile away from Downtown Tacoma, and here a long list of fabulous entertainment, museums, dining, shopping, and other amenities await as well! Commuters are also sure to appreciate being just a 3-minute drive to Interstate-705 which quickly connects to Interstate-5.

Interested in learning more? Click here to view the full listing! You can also contact  REALTOR® Vic Jones online here or give him a call/text at (253) 223-4103!