Cash-flowing Duplex in the Heart of Tacoma! Fully occupied with solid, market-rate tenants and zero vacancies. Net Operating Income $26,620 annually, cap rate 5.32%—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 high-demand rental market.
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Listing Snapshot
Price
$499,950
Days On Site
33 Days
Bedrooms
N/A
Inside Area (SqFt)
1,281 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1575 Acres
Year Built
1955
MLS® Number
2426630
Status
Active
Property Tax
$5,424
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
2 weeks ago
Price changed to $499,950
a month ago
Status changed to Active
a month ago
Listing first seen on site
General Features
Acres
0.1575
Additional Property Use
Multi-Family
Number Of Stories
1
Parking Spaces
6
Property Sub Type
Multi Family
SqFt Total
1281
Utilities
Sewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Flooring
Ceramic TileLaminate
Heating
Electric
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Exterior Features
Construction Details
Wood Siding
Fencing
Fenced
Lot Features
Corner LotPaved
Patio And Porch
Patio
Roof
Flat
Community Features
Association Amenities
Storage
Financing Terms Available
ConventionalFHAVA Loan
MLS Area
50 - South Tacoma
School District
Tacoma
Schools
School District
Tacoma
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Rachel Veary of 1 Percent Lists Tacoma
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-10-21 01:37 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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