Old Town Homes with 56 - 10+ Units Style

Welcome to Old Town Tacoma, a charming neighborhood steeped in history and brimming with character. Nestled along the scenic waterfront, Old Town is a hidden gem in Pierce County, Washington, where the past meets the present in delightful harmony. This picturesque area is renowned for its stunning views of Commencement Bay and the iconic Mount Rainier, making it a perfect backdrop for your new home.

Old Town boasts a diverse array of architectural styles, with homes ranging from classic Victorian charm to modern townhouses. The neighborhood features a unique collection of properties, including multi-family homes with 56 to 10+ units, catering to a variety of lifestyles and investment opportunities. Whether you’re looking to reside in a vibrant community or seeking a lucrative rental investment, Old Town offers something for everyone.

The area is not just about beautiful homes; it’s also about community. Residents enjoy a close-knit atmosphere, with local businesses, parks, and waterfront activities just a stone's throw away. Stroll along the historic streets, visit the local boutiques, or savor a meal at one of the delightful eateries that line the waterfront. For outdoor enthusiasts, the nearby parks and trails provide ample opportunities for hiking, biking, and enjoying the breathtaking natural beauty that Washington is known for.

With its rich history, stunning scenery, and a welcoming community spirit, Old Town Tacoma is more than just a place to live; it’s a lifestyle waiting to be embraced. Come explore the possibilities and find your perfect home in this enchanting neighborhood!

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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