301 S 82nd Street, Tacoma, WA 98408

$1,750,000
6,696
SqFt

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Listing courtesy of Windermere R E Mount Baker.

List Price
$1,750,000
Status
ACTIVE
MLS#
2409301
Price Change
▼ $100,000 1757717877
Days on Market
335
Style
55 - 5-9 Units
Building Condition
Updated/Remodeled
Finished SqFt
6,696
Area Total SqFt
6696
Lot Size (sq ft)
15,390

Property Description

Price Improvement 100k! The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical panel, and ample off-street parking. The property offers on-site laundry and dedicated storage for each unit. With all major updates complete, the Alana Apartments deliver low-maintenance operations and strong market performance—ideal for investors seeking a stabilized asset for long-term efficiency and reliable income.

Additional Information

List Date
2025-08-27 22:10:23
Community
Tacoma
Net Operating Income
$141,259
Gross Adjusted Income
$185,250
Gross Scheduled Income
$194,100
Total Monthly Income
$193,300
Insurance Expenses
$12,000
Water/Sewer/Garbage Expenses
$15,900
Gross Rent Multiplier
10
Total Expenses
$54,707
Cap Rate
7
Vacancy Rate
5
Total Number of Units
9
Unit Name
301
Potential Terms
Conventional
Year Built
1963
Roof
Flat
Site Features
Fenced-Fully
Electric Expenses
1600
Other Expenses
11500
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$193,300
Gross Scheduled Income
$194,100
Vacancy Rate
5
Gross Adjusted Income
$185,250
Tax Year
2025
Insurance Expense
$12,000
W/S/G Expenses
$15,900
Total Expenses
$54,707
Net Operating Income
$141,259
Gross Rent Multiplier
10
Cap Rate
7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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