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Listing Firm: Paragon Real Estate Advisors: Nick Hemming

Bought With: ZNonMember-Office-MLS : Non Member ZDefault

SOLD On May 24, 2023
NWMLS # 2040330

$8,050,000

  • Sold Price
  • - Beds
  • - Baths
  • 25513 Sq.ft.

235 & 247 Tacoma Avenue S, Tacoma, WA 98402

Listings with the three tree icon are courtesy of NWMLS

About This Property

This offering includes two classic brick buildings with a combined total of 63 units, conveniently situated in the burgeoning Stadium District neighborhood of Tacoma, Washington. These well-maintained assets have undergone updates throughout the years and are poised for a value-add reposition. In 1989, the buildings underwent a significant renovation, which included updating plumbing, electrical systems, and windows. In 2005, the buildings received further capital investment, improving the kitchens and bathrooms. Recently, 23 of the units were remodeled to meet today’s standards, featuring new shaker cabinets, quartz countertops, and LVP flooring.

Buyer's Agent: Non Member ZDefault • ZNonMember-Office-MLS

Listed by: Nick Hemming • Paragon Real Estate Advisors

Aris360 Last Checked: 1 Minute Ago (Aug 02, 2025 07:40 PM)

  • Source: NWMLS as Distributed by MLS Grid #2040330

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Tacoma
  • Zip/Postal Code: 98402
  • City: Tacoma

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$3,847 per month
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Property Features

  • County
    • Central Tacoma
  • Community
    • 26 - Central Tacoma
  • MLS Area
    • 26 - Central Tacoma
  • Longitude
    • -122.44583
  • Latitude
    • 47.260761
  • Directions
    • Headed South on I-5, take S Stadium Way and S 4th St.

  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 4
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 4
  • Elevation
    • Feet
  • Exterior
    • Brick
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 14580

  • High School District
    • Tacoma

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2023
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $87405
  • Year Built
    • 1924
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Aug 02 2025 . 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.

Aug 02, 2025 07:40 PM