707 S I St
Tacoma WA 98405
Victorian Manor
707 S I St Tacoma WA 98405
Listing #: 704464 | Status: Available | Last Modified: 11/19/2025 |
For Sale
- Phone:(425) 444-6501
- Email:dan.swanson@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(206) 276-6811
- Agent Email:brian.richardson@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,650,000.0
- $/SF$ 330.8
- $/Unit$ 1,650,000.0
- Listing StatusAvailable
- Days on Market39
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.60 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units12
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5640
- Net Rentable Area4988
- Total Office SF
- Largest Contiguous SF
- Lot SF6500
- Acres0.15
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyPierce
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAllenmore Medical District
- Tax ID #2007170040
- Additional Parcels
- ZoningURX
- # Covered Spaces0
- # Uncovered Spaces6
- Total Parking Spots6
- Parking Ratio
- Year Built1954
- Year Renovated2015
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeWood
Victorian Manor Apts. 12-units - Tacoma, WA
Victorian Manor is a fully renovated from the studs out, multifamily asset ideally positioned in Tacoma’s rapidly expanding urban core, just two blocks from the brand-new T-Line Light Rail and minutes from downtown. Victorian Manor is a rare turnkey opportunity priced under $138K per door, has upside in rents, in a walkable, and transit-connected neighborhood that is poised for appreciation. Victorian Manor has the potential for 10%+ income growth via utility bill-back and modest rent adjustments. With Tacoma’s steady rent growth, healthcare expansion, and regional infrastructure investments this property offers both immediate yield and long-term upside. Victorian Manor delivers stability, scalability, and location-driven value that investors seek.

