$515,000

1561 1563 S 35th Street, Tacoma, WA 98418

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon6,861sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

This listing courtesy of Rachel Veary, 1 Percent Lists Tacoma

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.

Listing Status:
Active
Listing Office:
1 Percent Lists Tacoma : 253-459-0235
Listing Agent:
Rachel Veary : 253-459-0235
MLS ID:
2426630
  • Flooring: Ceramic TileLaminate
  • A/C: None
  • Heating: Wall Unit(s)
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: Parking spaces: 6
  • Roofing: Flat
  • General: 52 - DuplexPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Tacoma
  • County: Pierce
  • Zoning: 7415000590
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Rachel Veary, 1 Percent Lists Tacoma

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Reed Elementary School

1802 S 36th St, Tacoma, WA, 98418

Grades PK-5

0.35 miles away

G

Giaudrone Middle School

4902 S Alaska St, Tacoma, WA, 98408

Grades 6-8

1.15 miles away

L

Lincoln High School

701 S 37th St, Tacoma, WA, 98418

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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