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Listed by:John L. Scott, Inc • Jonathan D. Bye
Listed by:John L. Scott, Inc • Jonathan D. Bye
$ 1,450,000
Est. payment /mo
New
920 S 9th ST Tacoma, WA 98405
15 Beds
8 Baths
7,155 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,155 sqft
Price per Sqft $202
Subdivision Tacoma
MLS Listing ID 2602630
Style 55 - 5-9 Units
Bedrooms 15
Year Built 1912
Annual Tax Amount $15,604
Lot Size 4,293 Sqft
Property Sub-Type Multi Family
Property Description
The McIlvaine Apartments is a well-preserved eight-unit historic community in Tacoma's Hilltop neighborhood. Built in 1912, this building showcases timeless architectural character. Following rehabilitation exceeding $240,000, the property received historic designation in 2018 and was added to the Tacoma Register of Historic Places. The 10-year designation, which began in 2019 and can be extended, provides a tax exemption lowering the taxable value by nearly $210,000, offering continued operating cost savings for several years. The property features spacious one- and two-bedroom apartments ranging from approximately 850 to 1,000 sq ft. Residences highlight period craftsmanship with original crown molding, hardwood flooring, built-in cabinetry, solid wood doors, arched passageways and elegant columns. Modern updates include white shaker cabinetry, quartz countertops, stainless steel appliances, dishwashers and in-unit washers and dryers. Top-floor units feature an office/study with regional views, including Mt. Rainier. The offering includes two parcels, one with approximately 5,444 sq ft of vacant land. Zoned RCX (Residential Commercial Mixed-Use), the site offers redevelopment potential for medium- to high-density residential uses, including townhomes, condominiums and apartments, or mixed-use projects with neighborhood-serving retail or office space. This excess land provides flexibility and a development option rarely found in stabilized multifamily investments.
Location
State WA
County Pierce
Area 29 - Central Tacoma
Interior
Flooring Hardwood
Fireplace false
Exterior
Exterior Feature Brick, Wood
Amenities Available Cable TV, High Speed Internet, Patio
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Tacoma
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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