1401 N PEARL ST & 1425 N PEARL ST, TACOMA, WA 98406
Pearl Manor & Pearl Plaza
Marcus & Millichap is pleased to exclusively present Pearl Manor & Pearl Plaza Apartments, a 54-unit multifamily portfolio in Tacoma's West End. Built in 1967/1970, the five single-story brick buildings feature courtyard layouts, pitched roofs, mature landscaping, and ample parking. Ownership has completed significant capital improvements, including renovated interiors, upgraded electrical, PEX plumbing, and in-unit washers/dryers in most units.
The portfolio includes a 16-unit 55+ senior community and a 38-unit market-rate complex, offering strong upside potential in a premier North Tacoma location.
PRICE
$10,600,000
YEAR BUILT
1967/1970
# OF UNITS
54
RENTABLE SF
40,800 SF
LOT SIZE
2.78 AC
AVG UNIT SF
756 SF
7519 GRANGE ST W, LAKEWOOD, WA 98499
Birds Mill Apartments
Marcus & Millichap is pleased to exclusively present Birds Mill Apartments, a newly constructed 16-unit multifamily community in Lakewood, Washington. Built in 2025, the property features quality modern construction, contemporary interiors, and a desirable unit mix of one-bedroom flats and two-bedroom townhome-style residences. With attractive interest-only financing producing a 6%+ cash-on-cash return, Birds Mill provides investors with immediate cash flow, limited maintenance obligations, and the stability of a newly built asset in one of Pierce County’s most established rental markets.
PRICE
TBD
YEAR BUILT
2025
# OF UNITS
16
RENTABLE SF
20,721 SF
LOT SIZE
0.62 AC
AVG UNIT SF
825 SF
17825 22ND AVE E, FREDERICKSON, WA 98445
Rainier View Court Townhomes
Marcus & Millichap is pleased to present the opportunity to acquire Phase II of the Rainier View Court Townhomes, a 12-unit townhome-style multifamily community completed in 2021 and located at 17821– 17825 22nd Ave E in Frederickson, Washington. Tucked behind an established condominium community, the property offers a quiet, residential setting paired with modern construction, upscale finishes, and spacious floor plans that appeal to long-term tenants. Built with longevity in mind and maintained in excellent condition, Rainier View Court provides investors with a stable, low-maintenance asset and a compelling long-term hold opportunity.
PRICE
$4,950,000
YEAR BUILT
2021
# OF UNITS
12
RENTABLE SF
20,721 SF
LOT SIZE
0.62 AC
AVG UNIT SF
825 SF
