601 S Jackson Avenue, Tacoma, WA 98465 (MLS # 2538763)
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Listing provided courtesy of Northwest MLS; Kidder Mathews
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Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums "” without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance
| LAST UPDATED | 6/11/2026 | TRACT | Narrows |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Narrows |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 31 - West Tacoma |
| CONSTRUCTION | Brick |
| HEAT | Electric, Forced Air |
| LOT | 0.4017 acre(s) |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 56 - 10+ Units |
| SUBDIVISION | Narrows |
| TAXES | 28717 |
| UTILITIES | Sewer Connected |
| ZONING | Multi-Family |
| SATELLITE VIEW |
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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 6/12/26 12:22 AM 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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