Property Details
3402 S C Street
Tacoma, WA 98418
$2,195,000
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Property Overview
Brand new 6 units in excellent rental area! Three large one bedroom/1 bath and three large two bedroom/2 bath units. All units have a washer and dryer. A view of the city from the upper floors. Take advantage of the 8 year tax abatement in place. All three 2 bedroom units are leased and the 1 bedroom income based on area market rental amounts (Proforma). Only a few minutes from downtown, restaurants, the Tacoma Dome, freeways and schools! Walk to the newer Pierce County building. Plenty of street parking.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
South Tacoma
Listed
Feb 18, 2026
Original Price
$2,300,000
Financial Summary
Cap Rate
5.81%
Net Operating Income
$127,737
Gross Scheduled Income
$135,600
Total Expenses
$7,863
Building & Use
Building Sq Ft
4,266
Leasable Area
4,266 sqft
Total Units
6
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
3,250 sqft
Year Built
2024
Exterior & Lot
Lot Size
0.07 sqft
Year Built
2024
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Cement/Concrete
Location
City
Tacoma
County
Pierce
Coordinates
47.20669, -122.42709
Additional Information
New Construction
Yes
Tax Year
2025
Annual Taxes
$1,363
Possession
Array
