Address Map
US
Washington
Pierce
Lakewood
98444
96th St
2222
W123° 31' 57.3''
N47° 10' 9.8''
SW
Additional Information
Benjamin Norbe
15568
1006796
9,086 Sqft
184,694 Sqft
2222 96th Street SW
Parkland/Midland
1
Wood
83702
ID
Boise
999 W Main Street, Suite 100
Property Description

Investment Property Opportunity – 2222 96th St S, Tacoma, WALocated in the heart of Tacoma’s expanding south end, 2222 96th St S presents an exceptional investment opportunity with immediate income and long-term development potential. This 3.4-acre site offers investors the rare combination of stable in-place cash flow, flexible zoning, and strategic redevelopment upside—making it a true covered land play in one of Washington’s most active submarkets.Currently improved with nine buildings consisting of older, Class C rental units, the property generates a solid gross income of approximately $259,000 annually. These buildings deliver strong returns with an average rent of $2.01 per square foot (RSF), which is competitive given their condition and location. While these units are dated, t

For Sale

2222 96th St, Lakewood, Washington 98444

  • Square Footage: 9,586 Sqft
$2,300,000
Listing ID#698363
QR Code
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 698363
Price : $2,300,000
Square Footage : 9,586 Sqft
Year Built : 1935
Status : Active
Office Name : Kidder Mathews
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Kidder Mathews