Tacoma, WA 98405 809 S I Street
$2,750,000
4 more
Presented By: Kidder Mathews and NWMLS
- MLS# 2433783
- 09/15/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 9,750
Home Details
SELLER FINANCE OPPORTUNITY – Just listed, The Harvard Apartments. 20-unit opportunity offered to the market for the first time in over 50 years. An exceptional opportunity to acquire a well built, classic brick apartment building located in the heart of Tacoma, Washington. This asset features durable construction, long-term tenant stability, and significant upside potential through interior renovations. With seller financing available, this offering provides a rare low-barrier of entry into a value-add multifamily investment in one of the Puget Sound region’s most dynamic rental markets. With over 35% of the property vacant, investors can seamlessly navigate Tacoma’s restrictive tenant relocation laws and begin work on unit remodels day 1
Presented By: Kidder Mathews and NWMLS
Interior Features for 809 S I Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 809 S I Street
Building Area UnitsSquare Feet
Cap Rate5.58
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsHead northeast toward A St // Turn left onto A St // Turn left at the 2nd cross street onto S 11th St // Turn right onto S Yakima Ave // Turn left onto S 9th St
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air
High School DistrictTacoma
Insurance Expense10000
Leasable Area12500
Listing TermsOwner Financing
Lot Size Square Feet9750
Lot Size UnitsSquare Feet
MLS Area15 – North Tacoma
ModificationTimestamp2025-09-15T20:43:14.089Z
NWM_ShowMapLinkY
Net Operating Income153478
New ConstructionNo
Number Of Units Total20
Open Parking Spaces0
PossessionClosing
Property ConditionFair
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSELLER FINANCE OPPORTUNITY – Just listed, The Harvard Apartments. 20-unit opportunity offered to the market for the first time in over 50 years. An exceptional opportunity to acquire a well built, cla
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameNorth Tacoma
Tax Annual Amount32312
Tax Year2025
Units Below Gradefalse
Units In Building Total20
Water Sewer Garbage20683
Year Built1953
Exterior for 809 S I Street
Building Area Total9750
Covered Spaces
Exterior AmenitiesBrick
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions9750
Lot Size Acres0.2238
Parking Uncovered Spaces0
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®