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Benjamin Norbe
Direct: (253) 722-1410
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Kidder Mathews
Main: (253) 722-1400
www.kiddermathews.com
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Bruce Barker
Direct: (253) 722-1459
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Kidder Mathews
Main: (253) 722-1400
www.kiddermathews.com
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FOR SALE - Listing #: 698363
2222 96th Street SW
2222 - 0 96th St SW, Lakewood WA98444
9,086 Available SF 9,086 SF
Agent Remarks
Investment Property Opportunity – 2222 96th St S, Tacoma, WA
Located in the heart of Tacoma’s expanding south end, 2222 96th St S presents an exceptional investment opportunity with immediate income and long-term development potential. This 3.4-acre site offers investors the rare combination of stable in-place cash flow, flexible zoning, and strategic redevelopment upside—making it a true covered land play in one of Washington’s most active submarkets.
Currently improved with nine buildings consisting of older, Class C rental units, the property generates a solid gross income of approximately $259,000 annually. These buildings deliver strong returns with an average rent of $2.01 per square foot (RSF), which is competitive given their condition and location. While these units are dated, t
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County
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Pierce
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Market Area
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Parkland/Midland
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Tax ID #
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0319061122
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Price
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$ 2,300,000
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Property Details
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Prop Type
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Multi-Family
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# Floors
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1
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Bldg SF
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9,586
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Year Built
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1935
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Land SF
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184,694
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# Bldgs
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1
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Acres
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4.24
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# Parking Spaces
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0
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Office Class
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Informational Links
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