8424 8428 6th Avenue, Tacoma, WA 98465
- $3,750,000
- 12,600
- SqFt
Listing courtesy of Westlake Associates, Inc..
- List Price
- $3,750,000
- Status
- PENDING
- MLS#
- 2505795
- Days on Market
- 107
- Style
- 56 - 10+ Units
- Finished SqFt
- 12,600
- Area Total SqFt
- 12600
- Annual Tax Ammount
- 32241
- Lot Size (sq ft)
- 22,291
- Sewer
- Sewer Connected
Property Description
The Titlow Beach Townhomes present a rare coastal investment opportunity consisting of two adjacent six-unit buildings totaling twelve residences. Constructed in 1979 and 1983, the property reflects strong pride of ownership with consistent maintenance, thoughtful upgrades, and modernized interior finishes. Each residence features a spacious two-bedroom, one-and-a-half-bath townhome layout of approximately 1,050 square feet, complemented by private entry-ways, in-unit laundry, fireplaces, dishwashers, and exclusive backyard or patio spaces. A distinguishing feature of the asset is its structure of six individual condominium tax parcels, creating unique flexibility and the potential for a phased or condo-by-condo disposition strategy that can enhance liquidity and value realization.
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Additional Information
- List Date
- 2026-04-10 16:56:16
- Community
- Tacoma
- Net Operating Income
- $197,175
- Gross Adjusted Income
- $303,768
- Gross Scheduled Income
- $319,198
- Total Monthly Income
- $26,600
- Insurance Expenses
- $13,542
- Water/Sewer/Garbage Expenses
- $16,084
- Gross Rent Multiplier
- 12.15
- Total Expenses
- $106,593
- Cap Rate
- 5.26
- Vacancy Rate
- 5
- Total Number of Units
- 12
- Unit Name
- 8424 8428
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Year Built
- 1979
- View
- Mountains, Partial, Sound
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 44726
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $26,600
- Gross Scheduled Income
- $319,198
- Vacancy Rate
- 5
- Gross Adjusted Income
- $303,768
- Tax Year
- 2026
- Insurance Expense
- $13,542
- W/S/G Expenses
- $16,084
- Total Expenses
- $106,593
- Net Operating Income
- $197,175
- Gross Rent Multiplier
- 12.15
- Cap Rate
- 5.26
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 is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.