1134 Fawcett Avenue · Tacoma, WA 98402
Source: NWMLS · RE/MAX Sound Properties · Nathaly Burnett #NWM2491440
About this home
Great investment opportunity in Tacoma’s Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Und 10K
- Condition
- Fair
- Year built
- 1931
- Lot size
- 9,120 sq ft (0.21 acres)
- County
- Pierce
- MLS #
- NWM2491440
Interior
- Heating
- None
- Cooling
- Wall Unit(s)
- Flooring
- Vinyl, Carpet
Exterior & lot
- Exterior features
- Stucco
- Roof
- Flat
- Foundation
- Poured Concrete
- Topography
- Sloped
Parking
- Parking spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- New Tacoma
- Property tax
- $12,045 (2025)
Transaction
- Original list price
- $1,250,000 (28% price cut)
- Listed on
- Mar 11, 2026
- Days on market
- 193
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2007-01-26
- Sold$552,500
Schools
- High
- Stadium High SchoolSchoolDigger 4 stars · Top 28% in WA
Listing provided courtesy of: RE/MAX Sound Properties
Listing agent: Nathaly Burnett.
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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.