1134 Fawcett Avenue, Tacoma, WA 98402 (MLS # 2491440)
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Listing provided courtesy of Northwest MLS; RE/MAX Sound Properties
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Great investment opportunity in Tacoma's Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.
| LAST UPDATED | 3/15/2026 | TRACT | New Tacoma |
|---|---|---|---|
| YEAR BUILT | 1931 | COMMUNITY | New Tacoma |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Mar 15, '26 | $1,250,000 |
|---|---|
| Mar 15, '26 - Today | $899,950 |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 30 - Central Tacoma |
| CONSTRUCTION | Stucco |
| HEAT | Electric, Natural Gas, None |
| LOT | 9121 sq ft |
| LOT DESCRIPTION | Sloped |
| MLS STATUS | Active |
| STYLE | 60 - Comm Bldg Und 10K |
| SUBDIVISION | New Tacoma |
| TAXES | 12045 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Commercial |
| SATELLITE VIEW |
| / | |
Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/17/26 11:24 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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