601 S Jackson Avenue, Tacoma, WA 98465

Property Description

Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums — without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 7:19AM

Listing Office:

Kidder Mathews : 360-705-2800

Listing Agent:

David A. Kelley : 360-705-2800

MLS ID:

2538763

Interior

• Flooring: Vinyl Plank
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Brick
• Parking: Parking spaces: 16

Construction

• Roofing: Flat
• General: 56 - 10+ UnitsPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Tacoma
• County: Pierce

Lot

• Zoning: 0220031072

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls