2829 S Asotin Street, Tacoma, WA 98409

$525,000
2,769
SqFt

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Listing courtesy of Redfin.

List Price
$525,000
Status
ACTIVE
MLS#
2570348
Days on Market
2
Style
53 - Tri-plex
Finished SqFt
2,769
Area Total SqFt
2769
Annual Tax Ammount
2835.31
Lot Size (sq ft)
9,825
Sewer
Sewer Connected

Property Description

Unique opportunity on Center Street! This property offers three homes on one parcel, creating a range of potential uses and investment strategies such as multi-family potential. The property features M-1 zoning within a Light Industrial District, allowing for many manufacturing, industrial, and other permitted uses. Property has two garages/workshops. The homes need cosmetic updates, while most mechanical systems have been updated. Excellent frontage provides strong visibility and accessibility. Explore the possibilities for residential use, investment, redevelopment, or future business applications. Buyer to verify all uses, zoning, and development options.

Additional Information

List Date
2026-08-19 17:58:18
Community
Tacoma
Gross Adjusted Income
$2,835
Gross Scheduled Income
$2,835
Insurance Expenses
$2,168
Total Expenses
$5,004
Cap Rate
1.49
Vacancy Rate
100
Total Number of Units
3
Unit Name
2829
Potential Terms
Cash
Year Built
1910
View
Mountains, Partial
Roof
Composition
Site Features
Fenced-Partially, Shop
Energy Source
Electric
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$2,835
Vacancy Rate
100
Gross Adjusted Income
$2,835
Tax Year
2026
Insurance Expense
$2,168
Total Expenses
$5,004
Cap Rate
1.49
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.
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