1002 N J Street Tacoma, WA $ 3,250,000
1002 N J Street
$ 3,250,000
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1002 N J Street

Tacoma, WA, 98403
$ 3,250,000
Baths0.0

Monthly Estimate*

$ 20,276

Listed by Blake Investment Advisors
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Studio

Multi-Family Home for sale in Tacoma, WA

for $3,250,000. This home was built in 1967 on a lot size of 0.197.

Marguerite Apartments is a meticulously well-maintained 14-unit apartment investment opportunity located in an "A" North Tacoma location. Nine of the fourteen apartments have been renovated to include; stainless steel refrigerators, sinks, oven/range and dishwashers, new lighting fixtures, new luxury vinyl plank flooring in living room, dining room, and kitchen, granite kitchen and bathroom countertops, tile flooring in the bathrooms. The property features a desirable unit mix consisting of 7 one-bedroom units averaging 477 square feet, 6 two-bedroom units averaging 920 square feet, and a top-floor, penthouse suite with ocean views spanning 1,200 square feet, also equipped with a private roof-top deck. There are 13 on-site parking spots.

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Multi-Family Active

Price

$ 3,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 32,117

Style

10+ Units

Lot Size

0.197

Year Built

1967

Town/City

Tacoma

County/Region

Pierce

MLS | Web ID

2425750

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Torch Down
HOA Fee 0
Year Built 1967
View Bay
Property Subtype Multi Family
Tax Year 2024
County Pierce
Net Operating Income 133451
Insurance Expense 9031
New Construction N
Property Type Residential Income
HOA N
Subdivision Name North Tacoma
Special Listing Conditions None
Status Active
Directions Driving West on J st building is on the corner of 10th and J on the left side
City Tacoma
Senior Community Y/N N
High School District Tacoma
Open Parking Spaces 9
Number Of Units Total 14
MLS Area 13 - North Tacoma
Lot Size Units Square Feet
Lot Size Square Feet 8580
Carport Spaces 4
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 32117
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled
Public Remarks Marguerite Apartments is a meticulously well-maintained 14-unit apartment investment opportunity located in an A North Tacoma location. Nine of the fourteen apartments have been renovated to includ
Leasable Area 10033
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 14
Water Sewer Garbage 21765
Property Style 56 - 10+ Units
Cap Rate 4.11
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Exterior
Exterior Amenities Brick
Total Parking 13
Building Area Total 0
Lot Size Acres 0.197
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 9
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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 NWM2425750
Street Number 1 1002
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* Excluded Features
List By
Gabe Blake

Listing Agent

Blake Investment Advisors

Broker

Affordability Calculator

$22,952
Per Month
88%
12%
0%
Monthly Principal & Interest
$20,276
Monthly Property Taxes
$2,676
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
8/26/2025$3,250,000 Listed Price

Map


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1002 N J Street, Tacoma, WA, 98403 is a Multi-Family Home for sale at $3,250,000 with a lot size of 0.197. 1002 N J Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 98403 which is in Tacoma, WA