$975,500
522 E 32nd Street, Tacoma, WA 98404
3,374 Sq Ft
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522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404
522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404 522 E 32nd Street, Tacoma, WA 98404

MLS #2484059 / Listing provided by NWMLS & Triplar Properties.

$975,500

522 E 32nd Street
Tacoma, WA 98404

Active 1 day ago
3,374
Sq Ft
$289
Per Sq Ft
1992
Year Built

Introducing a rare multifamily opportunity in Tacoma featuring stunning views of Commencement Bay and Downtown Tacoma. Tucked away in a quiet setting, this well-maintained asset combines strong in-place income with significant upside potential.Recent capital improvements provide peace of mind for years to come, including a new roof (2022), exterior paint (2023), and new Milgard windows installed at the rear of the building. The property is also equipped with a sprinkler system for the yard for easy yard maintenance. In 2025, the city enhanced the neighborhood with new sidewalks and street lighting, further improving curb appeal and long-term desirability. Each unit features its own private garage, a highly attractive amenity that drives tenant demand and retention. Utilities are currently paid by the owner, offering a clear value-add opportunity for future expense optimization and increased cash flow. Rents are below market, presenting substantial upside for an investor looking to capture growth in a strong location. Residents enjoy close proximity to downtown, shopping, schools, and public transit — all while benefiting from a peaceful residential environment with panoramic water and city views. Pierce county has the property assessed at $1,049,500 for year 2025. This is a turnkey asset with built-in equity growth potential in one of the South Sound’s most desirable rental corridors.

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: 4
  • Total Uncovered Parking Spaces: 4

Structure

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

Lot Details

  • Lot Features: Corner Lot, Paved, Sidewalk
  • Acres: 0.1492
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Tacoma

Lot Details

  • Lot Features: Corner Lot, Paved, Sidewalk
  • Acres: 0.1492
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water, Sewer, and Garbage: 6960
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John Cohen

John Cohen
Broker | REALTOR®

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