The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma’s 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma’s most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of immediate rental upside. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years.
Listing Provided Courtesy of Tanner Fogle, Paragon Real Estate Advisors
General Information
NWM2391945
Multi Family
23
DOM
3249.58 SqFt
4920
1931
Pierce
Residential Incom
Multi Family
Listing Provided Courtesy of Tanner Fogle, Paragon Real Estate Advisors
Krishna Realty data last checked: Jul 05, 2025 05:45 | Listing last modified Jun 12, 2025 22:37,
Source:
The Kelley Arms Apartments is a 7-unit multifamily property located in the heart of Downtown Tacoma’s 6th Ave Business District. The asset combines vintage character with thoughtful updates, offering a boutique investment opportunity in one of Tacoma’s most walkable and transit-connected neighborhoods. Originally built in 1931, the property is well-positioned for a new owner to take advantage of immediate rental upside. The unit mix includes six one-bedroom units averaging 770 square feet and one studio unit at 300 square feet. Recent capital improvements include a new roof installed in 2021 and updated windows within the last four years.
