Property Details

3402 S C Street
Tacoma, WA 98418
$2,195,000
MLS# 2471557 courtesy of NWMLS Listing firm: Better Properties Real Estate

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3402 S C Street , Tacoma, WA 98418, Tacoma

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3402 S C Street , Tacoma, WA 98418, Tacoma

1 / 40
Multi-Family
Property Type
4,266
Bldg Sq Ft
6
Units
5.81%
Cap Rate
2024
Year Built

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
Listed By
Mark Hulen
Better Properties Real Estate

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