$3,800,000
2902 N Carr, Tacoma, WA 98403

MLS #2538805 / Listing provided by NWMLS & Kidder Mathews.

$3,800,000

2902 N Carr
Tacoma, WA 98403

Active 20 hours ago
1968
Year Built

Built in 1968 and positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. The property's strategic location places residents at the heart of one of Tacoma's most vibrant and historically rich neighborhoods, with immediate access to the boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience. 6 of the 18 units have been recently renovated with modern finishes and in-unit washer & dryer. Many of the units enjoy sweeping water views of Commencement Bay. The property features a desirable unit mix of eight one-bedroom homes averaging 722 square feet and eight two-bedroom homes averaging 925 square feet, providing a well-balanced offering that appeals to a broad spectrum of renters. Currently 100% occupied, Harbor View demonstrates the enduring and consistent rental demand that characterizes well-located assets in supply-constrained submarkets. With in-place rents of approximately $24,400 per month against a market rent potential of approximately $30,000 per month, the property presents a compelling value-add opportunity with nearly $5,600 per month in proven rent upside through a thoughtful interior modernization program

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 24
  • Total Uncovered Parking Spaces: 24

Structure

  • Roof: Composition
  • Exterior Features: Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Acres: 0.4132
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Tacoma

Lot Details

  • Acres: 0.4132
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Kidder Mathews

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water, Sewer, and Garbage: 22819
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