1002 N J St

Tacoma, WA 98403

$3,250,000
Price
21
Beds
16.25
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Listing provided courtesy of Blake Investment Advisors

Description

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...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.

Property Details for 1002 North J Street

Community Name
North Tacoma
School District
Tacoma
View
Bay
Number of Assigned Spaces
13
Total Covered Parking
0
Entry Date
08-26-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/04/2025 12:42 PM

Property Details for 1002 North J Street

StatusActive
MLS #2425750
Days on Market111
Cumulative Days on Market111
Taxes$32,117 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.20 AC / 8,580 SF
CountyPierce County

Location

Listing Courtesy of Blake Investment Advisors
Add your commute

Building Information for 1002 North J Street

Stories3Residences14Year Built1967Building Size-Lot Size0.20 AC / 8,580 SF

Payment Calculator

$18,736 per month

30 year fixed, 6.28% Interest

Principal and Interest

$16,059

Property Taxes

$2,676

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1002 North J Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 13 - North Tacoma
  • Directions: Driving West on J st, building is on the corner of 10th and J on the left side
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 9.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Torch Down
Property
Utilities
  • Water/Sewer/Garbage: 21765
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Size Source: Pierce County
  • Parcel Number Free Text: 2040200070
  • Building Condition: Remodeled
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 9
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 14
  • Units Below Grade: false
  • Units In Building Total: 14
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 99681
  • Gross Adjusted Income: 216030
  • Gross Rent Multiplier: 14.29
  • Gross Scheduled Income: $227,400
  • Insurance Expense: $9,031
  • Net Operating Income: $133,451
  • Other Expenses: $36,768
  • Total Monthly Income: 20375
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 440
  • Rent Unit 1: $1,170.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 926
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 905
  • Rent Unit 3: $1,375.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 440
  • Rent Unit 4: $1,145.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Square Feet Unit 5: 550
  • Rent Unit 5: $1,150.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Square Feet Unit 6: 926
  • Rent Unit 6: $1,300.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Square Feet Unit 7: 905
  • Rent Unit 7: $1,400.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 8
  • Square Feet Unit 8: 460
  • Rent Unit 8: $1,195.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Square Feet Unit 9: 460
  • Rent Unit 9: $1,450.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Square Feet Unit 10: 440
  • Rent Unit 10: $1,200.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Square Feet Unit 11: 550
  • Rent Unit 11: $1,245.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Square Feet Unit 12: 926
  • Rent Unit 12: $1,370.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 13
  • Square Feet Unit 13: 905
  • Rent Unit 13: $1,600.00
  • Bedrooms Unit 13: 2
  • Bathrooms Unit 13: 2
Unit 14
  • Name Unit 14: 14 - Penthouse
  • Square Feet Unit 14: 1200
  • Rent Unit 14: $2,300.00
  • Bedrooms Unit 14: 2
  • Bathrooms Unit 14: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 10033.0

Property History for 1002 North J Street

DateEvent & SourcePriceAppreciation
Aug 26, 2025

Listed (Active)

NWMLS #2425750

$3,250,000—
Jul 20, 2021

Sold (Public Record)

Public Record #1467374291

$3,067,900

+7.6% / yr

Oct 17, 2007

Sold (Public Record)

Public Record #228187970

$1,115,000—
Oct 17, 2007

Sold

NWMLS #27156764

$1,111,520—
Sep 19, 2007

Pending

NWMLS #27156764

—
Apr 13, 2007

Listed (Active)

NWMLS #27156764

$1,200,000—
DateEvent & SourcePrice
08/26/2025

Listed (Active)

NWMLS #2425750

$3,250,000
07/20/2021

Sold (Public Record)

Public Record #1467374291

$3,067,900

+7.6% / yr

10/17/2007

Sold (Public Record)

Public Record #228187970

$1,115,000
10/17/2007

Sold

NWMLS #27156764

$1,111,520
09/19/2007

Pending

NWMLS #27156764

—
04/13/2007

Listed (Active)

NWMLS #27156764

$1,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1002 North J Street

Taxable ValueLand$432,900Additions$2,458,800Total$2,891,700
Tax Record2025$31,422 ($2,618 / month)
Home Facts
Total Finished SqFt10,975 SqFtAbove Ground SqFt10,975 SqFtStories3Lot Size8,580 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1995ZoningHMR-SRDCountyPIERCEAPN2040200070

Schools near 1002 North J Street

This home is within Tacoma School District.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - K to 5
Hilltop Heritage Middle School
Public - 6 to 8
Stadium High School
Public - 9 to 12
Bryant Montessori Middle School
Public - 6 to 8
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Hilltop Heritage Middle School
Public6 to 8

Stadium High School
Public9 to 12

Bryant Montessori Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1002 North J Street, Tacoma, WA 98403

1002 North J Street is a multi-family home for sale in Tacoma, WA 98403. This property was listed for sale on August 26, 2025 by Blake Investment Advisors, it's currently listed at $3,250,000. It has been on the market for a total of 111 days and was last sold on July 20, 2021. This listing's school district is Tacoma School District. Nearby schools include Lowell Elementary School, Hilltop Heritage Middle School and Stadium High School. 1002 North J Street is a 21-bed, 16.25-bath, multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blake Investment Advisors

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 04:10 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.