1561 1563 S 35th Street, Tacoma, WA 98418
Multi-Family Home
Built in 1955
6,861sqft lot
—— car garage
$——/sqft
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

- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Reed Elementary School
1802 S 36th St, Tacoma, WA, 98418
Grades PK-5
0.35 miles away
Giaudrone Middle School
4902 S Alaska St, Tacoma, WA, 98408
Grades 6-8
1.15 miles away
Lincoln High School
701 S 37th St, Tacoma, WA, 98418
Grades 9-12
0.66 miles away