1561 S 35th Street, Tacoma, WA 98418

$450,000
1,281
SqFt

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Listing courtesy of Realogics Sotheby's Int'l Rlty.

List Price
$450,000
Status
ACTIVE
MLS#
2496835
Price Change
▼ $25,000 1777077392
Days on Market
106
Style
52 - Duplex
Finished SqFt
1,281
Area Total SqFt
1281
Annual Tax Ammount
5424
Lot Size (sq ft)
6,860
Sewer
Sewer Connected

Property Description

Lovely duplex in the heart of the Lincoln district. Each unit has its own garage with w/d. Units metered separately. Units were recently updated. Building has had 100% occupancy. Location is great for a commuter and/or JBLM. Walkable to shopping and restaurants. One level living. Both units are 2 bedrooms 1 bath. Currently has long term tenants.

Additional Information

List Date
2026-04-11 21:53:11
Community
South Tacoma
Net Operating Income
$26,400
Gross Adjusted Income
$35,400
Gross Scheduled Income
$35,400
Total Monthly Income
$2,950
Insurance Expenses
$1,248
Water/Sewer/Garbage Expenses
$2,328
Gross Rent Multiplier
12.7
Total Expenses
$9,000
Cap Rate
6.1
Vacancy Rate
1
Total Number of Units
2
Unit Name
1561
Potential Terms
Cash, Conventional
Year Built
1955
Roof
Flat
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$2,950
Gross Scheduled Income
$35,400
Vacancy Rate
1
Gross Adjusted Income
$35,400
Tax Year
2025
Insurance Expense
$1,248
W/S/G Expenses
$2,328
Total Expenses
$9,000
Net Operating Income
$26,400
Gross Rent Multiplier
12.7
Cap Rate
6.1
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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.
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