1134 Fawcett Avenue, Tacoma, WA 98402

Property Description

Great investment opportunity in Tacoma’s Downtown Business District. The property includes a 4-plex apartment building and 46 self-storage units. The apartments are consistently easy to rent with very low vacancy, and Unit #1 was remodeled within the last year. Renovate the remaining units to further increase rents and lease up the storage units for additional income, or explore redevelopment options. The site also offers potential for a mixed-use project with commercial space on the ground floor and apartments or condos above, providing strong upside potential. Owner financing available with 25% down, creating a flexible path for investors looking to secure a well-located income property. Endless possibilities in this well-priced commercial location.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 5:21PM

Listing Office:

RE/MAX Sound Properties : 253-584-9595

Listing Agent:

Nathaly Burnett : 253-584-9595

MLS ID:

2491440

Interior

• Flooring: VinylCarpet
• A/C: Wall Unit(s)
• Heating: None
• Fireplace: Fireplaces: 0

Exterior

• General: Stucco
• Parking: Parking spaces: 4

Construction

• Roofing: Flat
• General: 60 - Comm Bldg Und 10KPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• County: Pierce

Lot

• Topography: Sloped
• Zoning: 2011100081

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls