Log In/Sign Up
Your email has been sent.
707-709 S I St
Tacoma, WA 98405
Victorian Manor Apartments · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Fully renovated from the studs out
- In a walkable, and transit-connected neighborhood
- Has an estimated 10%+ income growth via utility bill-back and modest rent adjustments.
- Just two blocks from the brand-new T-Line Light Rail and minutes from downtown
- Ideally positioned in Tacoma’s rapidly expanding urban core
Executive Summary
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma’s rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced under $138K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma’s steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside. Victorian Manor delivers stability, scalability, and location-driven value that investors seek.
Property Facts
| Price Per Unit | $181,769 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 5,640 SF |
| Cap Rate | 5.87% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1954/2007 |
| Property Subtype | Apartment | Parking Ratio | 1.06/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | URX | ||
| Price Per Unit | $181,769 CAD |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,640 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1954/2007 |
| Parking Ratio | 1.06/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | URX |
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Cable Ready
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Views
- Carpet
- Double Pane Windows
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,623 CAD | 338 |
| 1+1 | 11 | $1,891 CAD | 423 |
Property Taxes
| Parcel Number | 200717-0040 | Improvements Assessment | $1,995,298 CAD |
| Land Assessment | $481,807 CAD | Total Assessment | $2,477,106 CAD |
Property Taxes
Parcel Number
200717-0040
Land Assessment
$481,807 CAD
Improvements Assessment
$1,995,298 CAD
Total Assessment
$2,477,106 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
