Old Town Homes with 56 - 10+ Units Style

Welcome to Old Town Tacoma, a vibrant neighborhood that perfectly blends history with modern charm. Nestled along the scenic waterfront of Commencement Bay, Old Town is one of Tacoma's most picturesque areas, boasting stunning views of the Olympic Mountains and rich architectural heritage. This quaint neighborhood is known for its historic buildings, many of which date back to the late 19th century, providing a unique backdrop for both residents and visitors alike.

Old Town is characterized by its tight-knit community, where neighbors become friends and local businesses thrive. Stroll along the tree-lined streets and discover an array of boutique shops, cozy cafes, and delightful eateries that cater to every palate. The neighborhood is also home to several parks, including the beloved Old Town Park, where families gather for picnics and outdoor activities, making it a perfect spot for relaxation or play.

For those seeking a home in this charming area, Old Town offers a variety of housing options, including multi-family residences with 56 to 10+ units. These properties provide a unique opportunity for investors and homeowners alike to be part of a thriving community. The combination of historic charm and modern amenities makes Old Town a desirable location for families, young professionals, and retirees.

With its rich cultural scene, proximity to downtown Tacoma, and easy access to outdoor adventures, Old Town is more than just a neighborhood; it’s a lifestyle. Embrace the allure of Old Town Tacoma, where history, community, and natural beauty come together in perfect harmony. Explore your options today and discover your dream home in this enchanting corner of Washington!

Newest Old Town Homes with 56 - 10+ Units Style

$3,800,000

2538805 MLS ⋅ ACTIVE Status

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 16 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

2902 N Carr, Tacoma

Listing courtesy of Kidder Mathews.

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