809 S I Street Tacoma, WA $ 2,750,000
809 S I Street
$ 2,750,000
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809 S I Street

Tacoma, WA, 98405
$ 2,750,000
Baths0.0 Sq 9,750

Monthly Estimate*

$ 17,156

Listed by Kidder Mathews
809 S I Street, Tacoma, WA 98405 - Image 1
809 S I Street, Tacoma, WA 98405 - Image 2
809 S I Street, Tacoma, WA 98405 - Image 3
809 S I Street, Tacoma, WA 98405 - Image 4
809 S I Street, Tacoma, WA 98405 - Image 5
809 S I Street, Tacoma, WA 98405 - Image 6
809 S I Street, Tacoma, WA 98405 - Image 7
809 S I Street, Tacoma, WA 98405 - Image 8
809 S I Street, Tacoma, WA 98405 - Image 9
Studio

Multi-Family Home for sale in Tacoma, WA

for $2,750,000. This 9,750 square foot home was built in 1953 on a lot size of 0.2238.

SELLER FINANCE OPPORTUNITY - Just listed, The Harvard Apartments. 20-unit opportunity offered to the market for the first time in over 50 years. An exceptional opportunity to acquire a well built, classic brick apartment building located in the heart of Tacoma, Washington. This asset features durable construction, long-term tenant stability, and significant upside potential through interior renovations. With seller financing available, this offering provides a rare low-barrier of entry into a value-add multifamily investment in one of the Puget Sound region’s most dynamic rental markets. With over 35% of the property vacant, investors can seamlessly navigate Tacoma's restrictive tenant relocation laws and begin work on unit remodels day 1

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Multi-Family Pending

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 32,312

Style

10+ Units

Lot Size

0.2238

Year Built

1953

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2433783

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1953
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 153478
Insurance Expense 10000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name North Tacoma
Special Listing Conditions None
Status Pending
Directions Head northeast toward A St // Turn left onto A St // Turn left at the 2nd cross street onto S 11th St // Turn right onto S Yakima Ave // Turn left onto S 9th St
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 0
Number Of Units Total 20
MLS Area 15 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 9750
Carport Spaces 0
Carport Y/N N
Listing Terms Owner Financing
Tax Annual Amount 32312
Electric Expense 0
Fuel Expense 0
Property Condition Fair
Public Remarks SELLER FINANCE OPPORTUNITY - Just listed The Harvard Apartments. 20-unit opportunity offered to the market for the first time in over 50 years. An exceptional opportunity to acquire a well built cla
Leasable Area 12500
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 20683
Property Style 56 - 10+ Units
Cap Rate 5.58
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Exterior
Exterior Amenities Brick
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 9750
Lot Dimensions 9750
Lot Size Acres 0.2238
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2433783
Street Number 1 809
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* Excluded Features
List By
David A. Kelley

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$19,849
Per Month
86%
14%
0%
Monthly Principal & Interest
$17,156
Monthly Property Taxes
$2,693
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2025$2,750,000 Listed Price

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809 S I Street, Tacoma, WA, 98405 is a Multi-Family Home for sale at $2,750,000 with 9,750 sqft and a lot size of 0.2238. 809 S I Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 98405 which is in Tacoma, WA