Listing provided courtesy of Blake Investment AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2425750
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Request Info1002 N J StreetTacoma, WA 98403
Multi-Family · 21 Beds · 0.20 Acres$3,250,000
Active
1002 N J Street Overview
- Visits:
- 15
Marguerite Apartments is a meticulously well-maintained 14-unit apartment investment opportunity located in an A North Tacoma location. Nine of the fourteen apartments have been renovated to include; stainless steel refrigerators, sinks, oven/range and dishwashers, new lighting fixtures, new luxury vinyl plank flooring in living room, dining room, and kitchen, granite kitchen and bathroom countertops, tile flooring in the bathrooms. The property features a desirable unit mix consisting of 7 one-bedroom units averaging 477 square feet, 6 two-bedroom units averaging 920 square feet, and a top-floor, penthouse suite with ocean views spanning 1,200 square feet, also equipped with a private roof-top deck. There are 13 on-site parking spots.
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1002 N J Street Facts & Features
- Type Multi-Family
- Lot 0.20 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Tacoma
Income/Expenses
- Other Expense: 36768
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 227400
- Insurance Expense: 9031
- Net Operating Income: 133451
- Total Expenses: 99681
- Total Monthly Income: 20375
- Water/Sewer/Garbage: 21765
Building Information
- New Construction: No
- Year Built: 1967
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 13 - North Tacoma
- Subdivision Name: North Tacoma
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $32,117.00
- Tax Year: 2024
General Information
- Listing Terms: Conventional
- Parcel Number: 2040200070
- Property Condition: Updated/Remodeled
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl Plank
- Heating: Yes
- Leasable Area: 10033
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 3
Exterior
Parking Information
- Open Parking Spaces: 9
- Open Parking: Yes
- Parking Total: 13
- Parking Uncovered Spaces: 9
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.197
- Lot Size Square Feet: 8580
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Torch Down
- Structure Type: Multi Family
General Information
- Carport Spaces: 4
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick
- Number Of Units Total: 14
- Sewer: Sewer Connected
Unit Information
Unit 2 Details
- Actual Rent: 1050
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1145
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1150
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1170
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1195
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 1200
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Actual Rent: 1245
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1300
- Beds Total: 2
- Baths Total: 1
Unit 12 Details
- Actual Rent: 1370
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1375
- Beds Total: 2
- Baths Total: 1.5
Unit 7 Details
- Actual Rent: 1400
- Beds Total: 2
- Baths Total: 1.5
Unit 9 Details
- Actual Rent: 1450
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 1600
- Beds Total: 2
- Baths Total: 1.5
Unit 14 Details
- Actual Rent: 2300
- Beds Total: 2
- Baths Total: 1.75
1002 N J Street Neighborhood
Community
98403 (TACOMA) Demographics
35
Median Age
7,444
Population Density (per sq. mile)
65%
College Educated
$61,863
Estimated Median Income
1,668
Estimated Total Home Owners
2,529
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.1002 N J Street Monthly Cost
1002 N J Street Market Data
Based on the last 30 days in this zip code
$766,730
Average List Price
$362
Average Price per Square Foot
8
Properties Sold
56
Average Days on Market
28
Properties for Sale
1002 N J Street History
| Date | Value | Agent |
|---|---|---|
| 8/26/2025Source: NWMLS | August 26, 2025 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |