If you need assistance, please call 206-949-0864

Listing Provided by Windermere Real Estate Co.  
$7,500,000
1902 S Union Ave, Tacoma, WA 98405
52 Beds
47 Baths
31,036 sqft

Share

   
OR
Photos
Map
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
Listing Provided by Windermere Real Estate Co.  
The Unionaire is a 47 unit apartment building in an excellent central Tacoma location with great access to public transit and HWY 16. Nearby amenities include shopping, grocery, restaurants, greenbelt, Cheney Stadium and a golf course. 4 studios, 34 1 bed/1bath and 9 2 bed/1 bath with the space to likely add a significant 2 bed/1 bath unit with fireplace. All units have patios or decks. A new TPO roof with 20 year warranty was installed in 2021 for $200K. Dual pane vinyl windows, copper plumbing, new video security system and new privacy fencing. 43 parking spots. 3 units recently upgraded establishing new rents with potential to significantly increase revenue and cash flow. Large CCX zoned lot has potential for 200+ apartment building.
  • Price:
  • $7,500,000
  • Bedrooms:
  • 52
  • Square Footage:
  • 31,036
  • Acreage:
  • 1.46
  • Year Built:
  • 1964
  • Listing ID #:
  • NWM1790550
  • Street Address:
  • 1902 S Union Ave
  • City:
  • Tacoma
  • State:
  • Washington
  • Postal Code:
  • 98405
  • County:
  • Pierce
  • Community:
  • 26 - Central Tacoma
  • Subdivision:
  • Central Tacoma
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Approximate Square Footage Range:
  • 31036
  • Building Condition:
  • Good
  • Exterior Description:
  • Cement/Concrete, Stucco, Wood
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Green Features:
  • Thermal Windows
  • Leasable Square Feet:
  • 31036
  • Number Of Units:
  • 47
  • Stories:
  • 2
  • Structure:
  • Multi Family
  • Style:
  • 56 - 10+ Units
  • Total Building Square Footage:
  • 31036
  • Type Of Roof:
  • Flat, See Remarks
  • Year Built:
  • 1964
  • Annual Insurance Expenses:
  • 13587
  • Net Operating Income:
  • 251891
  • Lot Features:
  • Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 63598
  • Suitable Use:
  • Multi-Family
  • On Market Date:
  • 2021-06-11
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out
  • Building Name:
  • Unionaire Apartments
  • Subdivision:
  • Central Tacoma
  • Property Taxes:
  • $65,264
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 43
  • Uncovered Parking Spaces:
  • 43
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
  • Unit 1 Monthly Rent:
  • 1250
  • Unit 1 Name:
  • A
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 2
  • Unit 10 Monthly Rent:
  • 755
  • Unit 10 Name:
  • 9
  • Unit 10 Total Bathrooms:
  • 1
  • Unit 10 Total Bedrooms:
  • 1
  • Unit 11 Monthly Rent:
  • 1090
  • Unit 11 Name:
  • 10
  • Unit 11 Total Bathrooms:
  • 1
  • Unit 11 Total Bedrooms:
  • 2
  • Unit 12 Monthly Rent:
  • 955
  • Unit 12 Name:
  • 11
  • Unit 12 Total Bathrooms:
  • 1
  • Unit 12 Total Bedrooms:
  • 2
  • Unit 13 Monthly Rent:
  • 915
  • Unit 13 Name:
  • 12
  • Unit 13 Total Bathrooms:
  • 1
  • Unit 13 Total Bedrooms:
  • 2
  • Unit 14 Monthly Rent:
  • 890
  • Unit 14 Name:
  • 14
  • Unit 14 Total Bathrooms:
  • 1
  • Unit 14 Total Bedrooms:
  • 2
  • Unit 15 Monthly Rent:
  • 925
  • Unit 15 Name:
  • 15
  • Unit 15 Total Bathrooms:
  • 1
  • Unit 15 Total Bedrooms:
  • 1
  • Unit 16 Monthly Rent:
  • 995
  • Unit 16 Name:
  • 16
  • Unit 16 Total Bathrooms:
  • 1
  • Unit 16 Total Bedrooms:
  • 1
  • Unit 17 Monthly Rent:
  • 945
  • Unit 17 Name:
  • 17
  • Unit 17 Total Bathrooms:
  • 1
  • Unit 17 Total Bedrooms:
  • 1
  • Unit 18 Monthly Rent:
  • 930
  • Unit 18 Name:
  • 18
  • Unit 18 Total Bathrooms:
  • 1
  • Unit 18 Total Bedrooms:
  • 1
  • Unit 19 Monthly Rent:
  • 895
  • Unit 19 Name:
  • 19
  • Unit 19 Total Bathrooms:
  • 1
  • Unit 19 Total Bedrooms:
  • 1
  • Unit 2 Monthly Rent:
  • 805
  • Unit 2 Name:
  • 1
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 1
  • Unit 20 Monthly Rent:
  • 820
  • Unit 20 Name:
  • 20
  • Unit 20 Total Bathrooms:
  • 1
  • Unit 20 Total Bedrooms:
  • 1
  • Unit 21 Monthly Rent:
  • 945
  • Unit 21 Name:
  • 21
  • Unit 21 Total Bathrooms:
  • 1
  • Unit 21 Total Bedrooms:
  • 1
  • Unit 22 Monthly Rent:
  • 945
  • Unit 22 Name:
  • 22
  • Unit 22 Total Bathrooms:
  • 1
  • Unit 22 Total Bedrooms:
  • 1
  • Unit 23 Monthly Rent:
  • 755
  • Unit 23 Name:
  • 23
  • Unit 23 Total Bathrooms:
  • 1
  • Unit 23 Total Bedrooms:
  • 1
  • Unit 24 Monthly Rent:
  • 995
  • Unit 24 Name:
  • 24
  • Unit 24 Total Bathrooms:
  • 1
  • Unit 24 Total Bedrooms:
  • 1
  • Unit 25 Monthly Rent:
  • 995
  • Unit 25 Name:
  • 25
  • Unit 25 Total Bathrooms:
  • 1
  • Unit 25 Total Bedrooms:
  • 1
  • Unit 26 Monthly Rent:
  • 830
  • Unit 26 Name:
  • 26
  • Unit 26 Total Bathrooms:
  • 1
  • Unit 26 Total Bedrooms:
  • 1
  • Unit 27 Monthly Rent:
  • 755
  • Unit 27 Name:
  • 27
  • Unit 27 Total Bathrooms:
  • 1
  • Unit 27 Total Bedrooms:
  • 1
  • Unit 28 Monthly Rent:
  • 1000
  • Unit 28 Name:
  • 28
  • Unit 28 Total Bathrooms:
  • 1
  • Unit 29 Monthly Rent:
  • 680
  • Unit 29 Name:
  • 29
  • Unit 29 Total Bathrooms:
  • 1
  • Unit 3 Monthly Rent:
  • 930
  • Unit 3 Name:
  • 2
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 1
  • Unit 30 Monthly Rent:
  • 730
  • Unit 30 Name:
  • 30
  • Unit 30 Total Bathrooms:
  • 1
  • Unit 30 Total Bedrooms:
  • 1
  • Unit 31 Monthly Rent:
  • 855
  • Unit 31 Name:
  • 31
  • Unit 31 Total Bathrooms:
  • 1
  • Unit 31 Total Bedrooms:
  • 1
  • Unit 32 Monthly Rent:
  • 795
  • Unit 32 Name:
  • 32
  • Unit 32 Total Bathrooms:
  • 1
  • Unit 32 Total Bedrooms:
  • 1
  • Unit 33 Monthly Rent:
  • 1100
  • Unit 33 Name:
  • 33
  • Unit 33 Total Bathrooms:
  • 1
  • Unit 33 Total Bedrooms:
  • 1
  • Unit 34 Monthly Rent:
  • 890
  • Unit 34 Name:
  • 34
  • Unit 34 Total Bathrooms:
  • 1
  • Unit 34 Total Bedrooms:
  • 2
  • Unit 35 Monthly Rent:
  • 1200
  • Unit 35 Name:
  • 35
  • Unit 35 Total Bathrooms:
  • 1
  • Unit 35 Total Bedrooms:
  • 2
  • Unit 36 Monthly Rent:
  • 1000
  • Unit 36 Name:
  • 36
  • Unit 36 Total Bathrooms:
  • 1
  • Unit 36 Total Bedrooms:
  • 2
  • Unit 37 Monthly Rent:
  • 905
  • Unit 37 Name:
  • 37
  • Unit 37 Total Bathrooms:
  • 1
  • Unit 37 Total Bedrooms:
  • 2
  • Unit 38 Monthly Rent:
  • 995
  • Unit 38 Name:
  • 38
  • Unit 38 Total Bathrooms:
  • 1
  • Unit 38 Total Bedrooms:
  • 1
  • Unit 39 Monthly Rent:
  • 995
  • Unit 39 Name:
  • 39
  • Unit 39 Total Bathrooms:
  • 1
  • Unit 39 Total Bedrooms:
  • 1
  • Unit 4 Monthly Rent:
  • 830
  • Unit 4 Name:
  • 3
  • Unit 4 Total Bathrooms:
  • 1
  • Unit 4 Total Bedrooms:
  • 1
  • Unit 40 Monthly Rent:
  • 995
  • Unit 40 Name:
  • 40
  • Unit 40 Total Bathrooms:
  • 1
  • Unit 40 Total Bedrooms:
  • 1
  • Unit 41 Monthly Rent:
  • 995
  • Unit 41 Name:
  • 41
  • Unit 41 Total Bathrooms:
  • 1
  • Unit 41 Total Bedrooms:
  • 1
  • Unit 42 Monthly Rent:
  • 795
  • Unit 42 Name:
  • 42
  • Unit 42 Total Bathrooms:
  • 1
  • Unit 43 Monthly Rent:
  • 895
  • Unit 43 Name:
  • 43
  • Unit 43 Total Bathrooms:
  • 1
  • Unit 44 Monthly Rent:
  • 945
  • Unit 44 Name:
  • 44
  • Unit 44 Total Bathrooms:
  • 1
  • Unit 44 Total Bedrooms:
  • 1
  • Unit 45 Monthly Rent:
  • 755
  • Unit 45 Name:
  • 45
  • Unit 45 Total Bathrooms:
  • 1
  • Unit 45 Total Bedrooms:
  • 1
  • Unit 46 Monthly Rent:
  • 775
  • Unit 46 Name:
  • 46
  • Unit 46 Total Bathrooms:
  • 1
  • Unit 46 Total Bedrooms:
  • 1
  • Unit 47 Name:
  • 47
  • Unit 47 Total Bathrooms:
  • 1
  • Unit 47 Total Bedrooms:
  • 1
  • Unit 5 Name:
  • 4
  • Unit 5 Total Bathrooms:
  • 1
  • Unit 5 Total Bedrooms:
  • 1
  • Unit 6 Monthly Rent:
  • 995
  • Unit 6 Name:
  • 5
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 1
  • Unit 7 Monthly Rent:
  • 1095
  • Unit 7 Name:
  • 6
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 1
  • Unit 8 Monthly Rent:
  • 865
  • Unit 8 Name:
  • 7
  • Unit 8 Total Bathrooms:
  • 1
  • Unit 8 Total Bedrooms:
  • 1
  • Unit 9 Monthly Rent:
  • 885
  • Unit 9 Name:
  • 8
  • Unit 9 Total Bathrooms:
  • 1
  • Unit 9 Total Bedrooms:
  • 1
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Windermere Real Estate Co.
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

Similar Properties

WANWMLS Listing Provided by Windermere Real Estate/East
Image Unavailable
$7,680,000
6430 E Mercer Way, Mercer Island, WA 98040
4 Beds | 5 Baths
PENDING
WANWMLS Listing Provided by Keller Williams Realty
Image Unavailable
$7,000,000
Virtual Tour
201 & 111 West Main, Puyallup, WA 98371
0 Beds | 0 Baths
PENDING
WANWMLS Listing Provided by RE/MAX Northwest Realtors
Image Unavailable
$7,000,000
Virtual Tour
9325 Fauntleroy Way SW, Seattle, WA 98136
5 Beds | 5 Baths
ACTIVE