Property Details

8424 6th Ave

Tacoma, WA 98465

$3,750,000

Pending

CBA# 711309 courtesy of CBA Listing firm: Westlake Associates, Inc.

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Commercial

Property Type

12,600

Bldg Sq Ft

Units

4.00%

Cap Rate

1983

Year Built

Property Overview

The Titlow Beach Townhomes present a rare coastal investment opportunity consisting of two adjacent six-unit buildings totaling twelve residences. Constructed in 1979 and 1983, the property reflects strong pride of ownership with consistent maintenance, thoughtful upgrades, and modernized interior finishes. Each residence features a spacious two-bedroom, one-and-a-half-bath townhome layout of approximately 1,050 square feet, complemented by private entry-ways, in-unit laundry, fireplaces, dishwashers, and exclusive backyard or patio spaces. A distinguishing feature of the asset is its structure of six individual condominium tax parcels, creating unique flexibility and the potential for a phased or condo-by-condo disposition strategy that can enhance liquidity and value realization.