1561 1563 S 35th ST new to site Save Request In-Person Tour Request Virtual Tour
Tacoma,WA 98418
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,281 sqft
Price per Sqft $402
Subdivision Lincoln
MLS Listing ID 2426630
Style 52 - Duplex
Bedrooms 4
Year Built 1955
Annual Tax Amount $5,424
Lot Size 6,860 Sqft
Property Sub-Type Multi Family
Property Description
Prime investment in this Tacoma duplex! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.17%—a true plug-and-play investment. Each 640 sf unit is single-level w/ in-unit laundry, separate utility meters, one garage space. Consistent updates include laminate flooring, granite counters, cabinetry, appliances, paint, and doors. Enjoy fully fenced yard w/shared covered patio & an apple tree producing more apples than you'll know what to do with! Located in Tacoma w/easy access to I-5, grocery, schools, parks, and transit—plus walkable to coffee, restaurants. Tenants love living here and want to stay—rare chance for stable, cash-flowing property in a high-demand rental market.
Location
State WA
County Pierce
Area 50 - South Tacoma
Interior
Flooring Ceramic Tile,Laminate
Exterior
Exterior Feature Wood
Amenities Available Fenced-Fully,Patio
View Y/N No
Roof Type Flat
Building
Lot Description Alley,Corner Lot,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Tacoma
Others
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan
Virtual Tour https://vimeo.com/1119246637/a060b48163?share=copy