ON THE MARKET // 620 Upper Park St, Tacoma, WA 98404

Upper Park

Sold:

Price:

$885,000

Marcus & Millichap, Inc., as the exclusive listing broker, is pleased to present the opportunity to acquire a well-maintained 4-plex in the Upper Park neighborhood of Tacoma. Ideally situated in Pierce County, this property offers easy access to popular shopping and dining destinations throughout downtown Tacoma and allows for a convenient commute via I-5 to major employment centers in Seattle, Bellevue, and surrounding areas.

Located on the Eastside of Pierce County, Tacoma enjoys a strategic position within the Puget Sound region, with SEA International Airport just 20 minutes north. This central location ensures residents have quick access to shopping, dining, major highways, public transportation, and numerous amenities. Tacoma also features a variety of local parks, including Swan Creek Park, Wright Park and Lincoln Park, offering ample opportunities for outdoor recreation and leisure activities.

Built in 1979, this meticulously maintained 4-plex has undergone several upgrades in recent years, including updated exterior paint, landscape improvements, new double-pane vinyl windows, exterior fencing, attic ventilation and new appliances for the units.

Property Overview

 

ADDRESS

620 Upper Park St,

Tacoma, WA 98404

 

RESIDENTIAL NRSF

± 3,008

NEIGHBORHOOD

Mckinley

 

ROOFING

Composition Shingles

YEAR BUILT

1979

 

STRUCTURE

Wood Frame

UNITS

4 Units

 

SITE AREA

7,200 SF (0.17 ACRES)

Executive Highlights

  • Recent exterior upgrades have been made including new exterior paint, select double-pane vinyl windows, and landscape upgrades.

  • Units have been lightly renovated with refreshed kitchen cabinets, new appliances, upgraded fixtures and new paint or flooring in select units.

  • Recent exterior upgrades have been made including new exterior paint, select double-pane vinyl windows, and landscape upgrades.

  • Large two-bedroom floor plans averaging +-752 square feet with newer white appliances, including glass top ranges and in-unit washer / dryers.

  • Investment opportunity primed for management upside with current in-place rents below market. Surrounding comparable rentals achieving $150-$200/mo. more per unit.

Gallery