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Investment Highlights

  • Central location
  • Close to I-5
  • Close to downtown

Executive Summary

Brand new 6 units in excellent rental area! Three large one bedroom 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 and lease up the units to your criteria. Three 2 bedroom units are leased. 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.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,144,330 CAD
Price Per Unit $524,055 CAD
Sale Type Investment
Cap Rate 5.55%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class B
Lot Size 0.07 AC
Building Size 4,266 SF
No. Stories 3
Year Built 2025
Zoning URX

Amenities

Site Amenities

  • Laundry Facilities
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $2,051 CAD 504
2+2 3 $3,008 CAD 918
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
208410-0080
Land Assessment
$178,988 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$178,988 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 39839100

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 3402 S C St, Tacoma, WA 98418

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