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6905 & 6909 S Madison 2 Multifamily Properties Offered at $1,350,000 in Tacoma, WA
Executive Summary
Investor Alert! Rate opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets featuring three 2-bedroom / 1.5 -bath units per building, each with washer/dryer hookups.
Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.
Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.
Property Facts
| Price | $1,350,000 | Number of Properties | 2 |
| Price / SF | $254.52 / SF | Individually For Sale | 2 |
| Cap Rate | 7.50% | Total Building Size | 5,304 SF |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Status | Active |
| Price | $1,350,000 |
| Price / SF | $254.52 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 5,304 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6905 S Madison St, Tacoma, WA 98409 | Multifamily | 2,652 SF | 1978 | $675,000 |
| 6909 S Madison St, Tacoma, WA 98409 | Multifamily | 2,652 SF | 1978 | $675,000 |
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Contacts
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Candice Chevaillier, CCIM -
Daniel Lim -
Dea Sumantri -
Sara Bago -
Nisha Tomar -
Lee & Associates Commercial Real Estate Services
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6905 & 6909 S Madison
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