Listing provided courtesy of Keller Williams Rty TacomaNWMLSas Distributed by MLSGrid- MLS# NWM2540936MLS Provider

2102 -2108 N Oakes StreetTacoma, WA 98406

Multi-Family · 8 Beds · 6,674 Sq. ft. | 0.12 Acres
$1,375,000 Active

2102 -2108 N Oakes Street Overview

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Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

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2102 -2108 N Oakes Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,674
  • Price/Sq.ft. $206
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Tacoma
  • Elementary School: Lowell
  • Middle Or Junior School: Mason
  • High School: Stadium

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 3000
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 128268
  • Insurance Expense: 4089
  • Net Operating Income: 91144
  • Total Expenses: 30711
  • Total Monthly Income: 10689
  • Water/Sewer/Garbage: 12759

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 22 - North Tacoma
  • Subdivision Name: North Tacoma

Community/Development

  • Amenities: Coin Op Laundry,See Remarks,Storage,Thermal Windows

Tax Information

  • Tax Annual Amount: $10,863.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2745005330
  • Possible Use: Commercial
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 6674
  • Building Area Units: Square Feet
  • Calculated Square Footage: 6674
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Softwood, Vinyl
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4426
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Acres: 0.1217
  • Lot Size Square Feet: 5300
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 5
  • Sewer: Sewer Connected

Unit Information

Unit 5 Details

  • Actual Rent: 1465
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1600
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1825
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 2225
  • Beds Total: 3
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 2983
  • Beds Total: 0
  • Baths Total: 2

2102 -2108 N Oakes Street Neighborhood

Community

98406 (TACOMA) Demographics

40
Median Age
4,936
Population Density (per sq. mile)
54%
College Educated
$82,732
Estimated Median Income
6,189
Estimated Total Home Owners
3,815
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2102 -2108 N Oakes Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2102 -2108 N Oakes Street Market Data

Based on the last 30 days in this zip code

$652,146
Average List Price
$348
Average Price per Square Foot
31
Properties Sold
54
Average Days on Market
78
Properties for Sale
Calculations provided by Reliance Network

2102 -2108 N Oakes Street History

Date Event Value Agent
6/18/2026Source: NWMLS Added to Database
June 18, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021