5601 S Thompson Ave
Tacoma WA 98408

5601 South Thompson Avenue

5601 S Thompson Ave Tacoma WA 98408

Listing #: 692587 | Status: Available | Last Modified: 11/17/2025 |

For Sale
Stacey Brower
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo

SEE_NOTES

Price Information
  • Listing Price$ 1,385,000.0
  • $/SF$ 291.0
  • $/Unit$ 1,385,000.0
  • Listing StatusAvailable
  • Days on Market301
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income133,551
  • Vacancy Factor %5.00%
  • Operating Expenses19,849
  • Net Operating Income107,024
  • CAP Rate 8.21 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 8.21 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units10
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4760
  • Net Rentable Area4760
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF6186
  • Acres0.14
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetS 56th St
  • Market AreaSouth Tacoma
  • Tax ID #3595000160
  • Additional Parcels
  • ZoningR4L
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces5
  • Total Parking Spots5
  • Parking Ratio
Construction
  • Year Built1973
  • Year Renovated1996
  • Completion Date
  • Roof Type
  • Construction Type

5601 S Thompson Ave- 10 Units

Public Comments

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

Listing Images