406 N 6th ST, Tacoma, WA 98403
406 N 6th ST, Tacoma, WA 98403
406 N 6th ST, Tacoma, WA 98403
406 N 6th ST, Tacoma, WA 98403
406 N 6th ST, Tacoma, WA 98403
406 N 6th ST, Tacoma, WA 98403
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Melissa Villa

Melissa Villa

+1(206) 499-7818
Listed by:Blake Investment Advisors • Gabe Blake
$ 1,800,000
Est. payment | /mo

9 Beds

8 Baths

6,500 Sqft Lot

Save
$ 1,800,000
Est. payment | /mo
Save

9 Beds

8 Baths

6,500 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision North Tacoma

MLS Listing ID 2579094

Style 55 - 5-9 Units

Bedrooms 9

Year Built 1892

Annual Tax Amount $19,768

Lot Size 6,500 Sqft

Property Sub-Type Multi Family

Property Description

Introducing the Stadium District Bayview Apartments, an iconic trophy 7-unit multifamily investment overlooking Commencement Bay, offered to the market for the first time in over 80 years and showcasing irreplaceable vintage Dutch Colonial charm. Located in Tacoma's highly desirable Stadium District, the property is just steps from the Tacoma Lawn Tennis Club, Annie Wright Schools, and Stadium High School. This is a truly special opportunity for either an investor or owner-occupant, offering strong in-place cash flow alongside the rare opportunity to take advantage of the currently vacant 2,500-square-foot owner's unit. This expansive 4-bed, 2-bath residence features three separate living areas, a spacious dining room, and an impressive 850+ square-foot private deck. Market rent comparables suggest the unit could command approximately $4,000 per month, providing a new owner with the flexibility to either occupy the residence or further enhance the property's income. The property features a unique unit mix consisting of the main four-bedroom, two-bathroom unit, five spacious one-bedroom apartments averaging 683 SF, and a 455-SF studio apartment. The main residence and Unit C feature in-unit laundry, while the remaining residents benefit from a common laundry room located in the basement. Major capital improvements include updated electrical panels throughout the property and a roof replacement completed within the last 10 years. Come tour this special asset!

Location

State WA

County Pierce

Area 13 - North Tacoma

Interior

Flooring Hardwood

Fireplace false

Exterior

Exterior Feature Wood Products

Garage Spaces 3.0

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water See Remarks

New Construction No

Schools

High Schools Stadium

School District Tacoma

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Melissa Villa

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(206) 499-7818

mmpnwrealty@gmail.com

15421 Main St E, Sumner, WA 98390, USA

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406 N 6th ST