Property in Unknown, XX - multifamily in Tacoma, WA
Multifamily

Property in Unknown, XX

2622 A Street, Tacoma, WA 98402

Price

$750,000

Price/Sq Ft

$750.00

Description

Multi-Family Development Site

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

2622 A Street, Tacoma, WA 98402

Marker
Leaflet © OpenStreetMap contributors

Market Context

This multifamily in Tacoma, WA is listed for sale at $750,000. It has been on the market for 147 days.

As of Q1 2026, the Seattle / Bellevue multifamily market showed a 7.3% vacancy rate, and cap rates around 5.5%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$1,400/unit/mo
Estimated sale value
$144,065–$180,081/unit

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2023 Cushman & Wakefield data (cap rate 5.5%, asking rent held flat).

View the full Seattle / Bellevue Multifamily market report →

Compare it against other multifamily listings for sale in Tacoma, WA to benchmark pricing and space — view the full market.

Multifamily market FAQ

What is the typical cap rate for multifamily in Seattle / Bellevue?
About 5.5% as of Q1 2026, per multiple brokerages.
Is the Seattle / Bellevue multifamily market tightening or softening?
Vacancy is around 7.3% (Q1 2026).

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.3%
Avg Weekly Wage:$1,992

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population930,319
Median Income$100k↑ 33%
College Educated27.8%↓ 5.6pp
Median Age37.0 yrs
Median Home Value$527k
Unemployment5.2%↑ 1.6pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: multifamily in Tacoma, WA

More Multifamily for Sale in Tacoma, WA(1)

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