Listed by Blake Investment Advisors
$3,250,000

1002 N J St Tacoma, WA 98403

North Tacoma Neighborhood

Estimated payment $19,772/month

Total Views 7,314
21 Beds
19 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Bay View
  • No HOA
  • Baseboard Heating
  • Lowell Elementary School Rated A-
  • Vinyl Plank Flooring

About This Home

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.

Listing Agent

Gabe Blake

Blake Investment Advisors License #22018000 Listed on: 08/26/2025

Co-Listing Agent

Josh Blake

Blake Investment Advisors License #24948

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2425750

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,117

Year Built

  • Built in 1967 | Remodeled

Home Design

  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Plank Flooring
  • Bay Views

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 19 Bathrooms

Parking

  • 13 Parking Spaces
  • Open Parking

Additional Features

  • 8,580 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2040200070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,117

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Total Bedrooms: 21
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • View: Bay
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Property Condition: Updated/Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 13

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2040200070
  • Lot Size Acres: 0.197
  • Lot Size Sq Ft: 8580
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Pierce County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.29
  • LeasedItems: None
  • TotalMonthlyIncome: 20375

Tax Info

  • Year: 2024
  • Tax Annual Amount: 32117

Multi Family

  • Number Of Units Total: 14
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 For Sale $3,250,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2425750

Northwest Multiple Listing Service (NWMLS)
Washington Pierce County Tacoma 98403 North Tacoma

1002 N J St, Tacoma, WA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Gabe Blake
Listing Agent
Gabe Blake
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Blake Investment Advisors
(253) 544-5062