$825,000 $4,429 est/mo Sourced by Back At You

3403 N 26th Street,Tacoma, WA 98403

Tacoma WA, 98403

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This unique opportunity allows a new investor to acquire an irreplaceable and charming 5-unit asset in North Tacoma's desirable Proctor District, with the advantage of seller secondary financing at two percent interest-only payments for qualified buyers. Currently, the average rent at Proctor Manor is $757 per unit. With market comparables supporting an average rent of $1,372 per unit, a new investor can capture over 81% rental upside during the proposed three-year holding period. Tenants are not being billed back for water, sewer, and garbage. A new owner can capture additional income by implementing a ratio utility billing system (RUBS) for water, sewer, and garbage.


Listing TypeFor Sale
StyleTown House
Days On Site25
Listing Provided ByBlake Investment Advisors | Gabe Blake
Buying Commision2.5%


SQ Feet2,200

Market Activity 98403

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 24 minutes ago
Zip Code98403
Area18 North Tacoma
Community NameProctor
School DistrictTacoma
Listing VS Median (in Proctor)
low | high
66.672727272727% of Average
low | high
52.454545454545% of Average
$ / SqFt:
low | high
64.565622436352% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Listing Updated: July 19, 2024 at 11:20:04 AM PDT