Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Marcus Williams, Windermere R E Mount Baker

6,696
Square feet
$261
Per sq ft
Multi Family
Type
1963
Year built
15,390 sq ft
Lot
320
Days on market

About this property

Price Improvement 100k! The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical panel, and ample off-street parking. The property offers on-site laundry and dedicated storage for each unit. With all major updates complete, the Alana Apartments deliver low-maintenance operations and strong market performance—ideal for investors seeking a stabilized asset for long-term efficiency and reliable income.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2409301
Listed
August 27, 2025
Days on market
320
Price per sq ft
$261
Original list price
$1,850,000

Unit & building

Stories in building
2
Units in building
9

Parking

Total spaces
9

Construction

Year built
1963
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Cooling
None
Energy source
Electric

Flooring

Flooring
VinylVinyl Plank

Lot

Lot features
Corner LotCurbsSidewalk
Lot size
15,390 sq ft

Terms

Terms offered
Conventional

Utilities

Water
TPU
Sewer
TPU
Power
TPU

Schools

District
Tacoma
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • Flat
  • None
  • Electric
  • Vinyl
  • Vinyl Plank
  • Corner Lot
  • Curbs
  • Sidewalk
  • Conventional

Listing history

  1. Listed

    $1,850,000

    August 27, 2025

  2. Current price

    $1,750,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$10,191

Principal & interest
$8,849
Property tax (est.)
$1,342

Assumes $350,000 down (20%), a $1,400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.