NEW! Buy and sell safely with virtual options - Learn More
About the Listing 7248 - 100709,95759
Cash-flowing duplex in the heart of Tacoma — now offered with one-year home warranty for buyer peace of mind! Each 640 SF unit is single-level with in-unit laundry, separate utility meters & one garage space. Updates include laminate flooring, granite counters, cabinetry, appliances, paint & doors. Fully fenced yard w/ shared covered patio & apple tree that produces generously. Prime location w/ easy access to I-5, grocery, schools, parks & transit, walkable to coffee & restaurants. Fully occupied with market-rate tenants & zero vacancies. Net Operating Income $26,620 annually with a 5.92% cap rate—true plug-and-play. Tenants love living here & want to stay—rare chance to secure a stable, cash-flowing property in high-demand rental market.
Listing Highlights
Status
Active
Days on Site
88
Property Type
Multi-Family
MLS ®
2426630
Year Built
1955
Total Square Footage
1,280
Lot/Acreage
0.16
County
Pierce
Building Name
Sawyers E L
Neighborhood
Lincoln
Area
50 - South Tacoma
School District
Tacoma
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: TPU
Exterior Details
- Lot Description: Alley,Corner Lot,Paved,Sidewalk,Fenced-Fully,Patio,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: Multi-Family
- Roof: Flat
- Others: Wood
- Sewer: Pierce County
Financial Details
- Tax Amount: $5,424
- Taxes w/Assessments: N/A
- Tax/Property ID: 7415000590
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1561 1563 S 35th St Tacoma, WA 98418
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
