2102 -2108 N Oakes Street, Tacoma, WA 98406
- $1,375,000
- 6,674
- SqFt
Listing courtesy of Keller Williams Rty Tacoma.
- List Price
- $1,375,000
- Status
- ACTIVE
- MLS#
- 2540936
- Days on Market
- 38
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,674
- Area Total SqFt
- 6674
- Annual Tax Ammount
- 10863
- Lot Size (sq ft)
- 5,300
- Sewer
- Sewer Connected
Property Description
Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.
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Additional Information
- List Date
- 2026-06-18 17:59:12
- Community
- North Tacoma
- Net Operating Income
- $91,144
- Gross Adjusted Income
- $121,855
- Gross Scheduled Income
- $128,268
- Total Monthly Income
- $10,689
- Insurance Expenses
- $4,089
- Water/Sewer/Garbage Expenses
- $12,759
- Gross Rent Multiplier
- 10.72
- Total Expenses
- $30,711
- Cap Rate
- 6.63
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 2102 -2108
- Potential Terms
- Cash, Conventional
- Year Built
- 1910
- Roof
- Composition
- Other Expenses
- 3000
- Energy Source
- Electric, Natural Gas
- School District
- Tacoma
- Elementary School
- Lowell
- Middle School
- Mason
- High School
- Stadium
- Total Monthly Income
- $10,689
- Gross Scheduled Income
- $128,268
- Vacancy Rate
- 5
- Gross Adjusted Income
- $121,855
- Tax Year
- 2026
- Insurance Expense
- $4,089
- W/S/G Expenses
- $12,759
- Total Expenses
- $30,711
- Net Operating Income
- $91,144
- Gross Rent Multiplier
- 10.72
- Cap Rate
- 6.63
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.