601 S Jackson Avenue Tacoma, WA 98465
601 S Jackson Avenue
Tacoma, WA 98465
$2,800,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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
Property Features
Community: Narrows
10+ Units
Exterior: Brick
Roof: Flat
Year Built: 1955
2026 Taxes: $28717.00
Buyer Broker Comp.: 1.5%
Listing #: 2538763
Lot Details
Lot Size: 0.40 acres
No. of Units: 12
Interior
Cooling: None
Heating: Forced Air
Electric
Call or Email:
Grace Wamwere
What's Near 601 S Jackson Avenue Tacoma, WA 98465?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Kidder Mathews
