1134 Fawcett Avenue, Tacoma, WA 98402 (MLS # 2491440)

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Listing provided courtesy of Northwest MLS; RE/MAX Sound Properties

PRICE $899,950
SIZE n/a
LOT SIZE 9,122 sqft

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

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Properties with the Logo 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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