Provided by NWMLS, Listed by Paragon Real Estate Advisors
Active
219 125th Street S
Tacoma WA, 98444
$5,000,000
$187.18 per sqft
Active
26,712 sqft
Multi-family
Built in 1971
36-unit garden-style community is offered to the market for the first time in over 30 years. Property features 22-1BD and 14-2BD units, and 51 parking spaces. The property spans four buildings, surrounding a shared courtyard with swimming pool an leasing office. Property has been maintained and operated by long-term ownership, preserving their classic charm while offering significant potential for repositioning. This property presents a value add opportunity for new ownership through modernization and improved operations. The units, which are larger than average for the submarket, can command higher rents with cosmetic upgrades. Additionally, the complex includes desirable amenities such as a pool, leasing office, and laundry facilities.
2277492
MLSⓇ ID
August 14, 2024
Listed
October 5, 2024
Updated
Map
219 125th Street S
Tacoma WA, 98444
Interior Features
Total Stories
2
Interior Features
Laminate Hardwood, Wall to Wall Carpet
Floor Description
Engineered Hardwood, Laminate, Vinyl Plank, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
1.79 Acres
Exterior Features
Wood, Wood Products
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Tacoma
Other Property Details
Area Name
69 - Parkland
Taxes
$57,810
Tax Frequency
Annually
Garage
No
Parking Total
51
View
No
County
Pierce
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/10/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/10/2024 at 12:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 10/10/2024 at 12:00 AM UTC